Immobalko

Milna · Central Dalmatia · Croatia

House by the sea with panoramic view and terrace – Milna, island of Brač

For sale · House · Reference IB-14097

€515,000

Key facts

Price
€515,000
Price per m²
€3,433/m²
Living area
150 m²
Plot area
1,584 m²
Rooms
2
Year built
1979
32% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

6.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 150 m² that works out to roughly €2,582 per month and €30,981 per year. See market data for this region

Estimated from asking rents. Not a guarantee of achievable rent.

Not included in the yield

Real estate transfer tax of 3 percent, notary, lawyer and commission, plus ongoing operating and management costs, vacancy, maintenance, tax on rental income and financing costs.

The net yield is therefore regularly well below this figure.

What we deliberately do not calculate
  • Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
  • Occupancy and seasonality. That would need booking data, which we do not collect.
  • Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
  • Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

House by the sea with panoramic view and terrace – Milna, island of Brač House by the sea with panoramic view and terrace – Milna, island of Brač A detached house of around 150 m² is located on a spacious plot of almost 1,584 m², just a few steps from the sea. The property combines peace, privacy and a Mediterranean atmosphere, offering the possibility of creating a luxurious family home or an investment project. The ground floor is move-in ready and includes a kitchen, dining area, living room and two bedrooms. The first floor and attic require renovation, but offer huge potential for additional apartments, a spacious family home or a luxury villa with a pool and Mediterranean garden. The large 150 m² terrace offers a beautiful view of the sea and the sunset, ideal for relaxing and enjoying peace and quiet. Next to the house there is a basement and a private parking area, and there is also the possibility of buying additional land, opening up space for expanding the estate or larger projects. This property offers a complete Mediterranean experience – the sound of the waves, peace and privacy, while at the same time being close enough to all of Milna's amenities. It is a rare opportunity to create your own paradise on the island. - Orderly documentation - Proximity to the sea - Possibility of expansion and additional projects - Peace, privacy and panoramic view CREDIT BROKERAGE SERVICE: Opereta ekspert offers a free credit brokerage service, comparing offers from multiple banks in one place. Our team explains all the options and guides you through the entire process, from consultation to loan disbursement, so you can make an informed financial decision and save time.

This text was machine translated and reviewed by the agency.

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