Μονοκατοικία 192 τμ, άριστη κατάσταση, Gradac

Residential house with 3 apartments in Gradac near Makarska – approx. 192 m2 of living space, 7 bedrooms and a possible gross yield of approx. 12.4%

Main property features

For sale is a well-maintained and modernly furnished residential house with three separate apartments in Gradac, south of Makarska.

The property offers approximately 192 m2 of living space on a plot of approximately 257 m2, and was renovated in 2019.

Thanks to its layout into three separate residential units, the property is highly suitable as a holiday property, a multi-generational house, or an investment with potential for tourist rental.

At a purchase price of 435,000 €, according to one indicative rental example, it is possible to achieve a gross income of approximately 54,000 € per year, which corresponds to a possible gross yield of approximately 12.4%.

Additional advantages of the property include a spacious parking area for several vehicles, a large basement area beneath the parking surface, a small garage, as well as balconies and terraces.

In total, the property has seven bedrooms and three bathrooms.

Property description

The house consists of three separate apartments arranged in the basement, ground floor, and first floor.

This layout offers great flexibility of use. The property can be used entirely for tourist rental, partially for private use, or as a multi-generational house.

In front of the house there is a spacious parking area with enough space for several vehicles.

Below the parking area there is a large basement space that can be used as storage, a utility room, or additional ancillary space.

The property also includes a small garage suitable for storing a small boat, motorcycles, bicycles, or garden tools.

Layout of the residential units

Basement apartment

The basement apartment consists of two bedrooms, an open-plan living room with dining area and kitchen, a bathroom with shower, and a terrace.

The terrace forms a pleasant extension of the living space and provides additional outdoor living area.

Ground-floor apartment

The ground-floor apartment consists of two bedrooms, a separate kitchen with dining area, a living room, a bathroom with shower, a balcony, and an additional terrace.

Thanks to the two outdoor areas, this apartment offers a particularly pleasant outdoor living space.

First-floor apartment

The first-floor apartment offers three bedrooms, an open-plan living room with dining area and kitchen, a bathroom with shower, and a balcony.

With its three bedrooms, this residential unit is especially suitable for larger families or for accommodating a greater number of holiday guests.

Features

The house was renovated in 2019 and is in a neat and modern condition.

The property offers three fully separate apartments, modern living and kitchen areas, three bathrooms with showers, balconies and terraces, a spacious parking area, a large basement space, and a small garage.

With a total of seven bedrooms, the property provides good accommodation capacity and attractive possibilities for tourist rental.

Possible uses

Thanks to the three separate residential units, the property offers various possible uses.

It is especially suitable as a holiday property with three separate apartments for rental, an investment for tourist or long-term rental, a multi-generational home, or a combination of private use and rental.

It is also attractive for larger families who want separate living spaces within the same property.

Parking spaces, outdoor areas, the basement, and the additional garage represent a significant practical advantage, especially for tourist rental.

Tourist rental potential and possible gross yield

Due to the three separate apartments and the large number of sleeping places, the property has interesting potential for tourist rental.

Depending on the apartment, it is possible to accommodate approximately four to six people.

As an indicative example, depending on the season, furnishings, number of guests, advertising method, and occupancy, an average price of approximately 150 € per apartment per night can be assumed.

If each of the three apartments were rented for an average of 90 nights per year at a price of 150 € per night, the possible gross income would amount to approximately 40,500 € per year.

At an average occupancy of 120 nights per year per apartment, the calculation example looks like this:

3 apartments × 150 € per night × 120 nights = approximately 54,000 € possible gross income per year.

In relation to the purchase price of 435,000 €, this corresponds to a possible gross yield of approximately 12.4% per year.

With very good occupancy, for example 150 nights per year per apartment, the possible gross income could amount to approximately 67,500 € per year.

All calculations provided serve solely as an indicative example of the possible potential for tourist rental and do not constitute a guarantee of income or yield.

The actual result depends, among other things, on the season, occupancy, achieved nightly rate, advertising method, platform commissions, cleaning costs, utilities, maintenance, management, taxes, and other operating costs.

The stated yield of approximately 12.4% represents the gross yield before costs, financing, and taxes.

Location

The property is located in Gradac on the Dalmatian coast, south of Makarska.

Gradac is known for its beaches, Mediterranean climate, and attractive location between the Adriatic Sea and the Dalmatian hinterland.

Shops, restaurants, cafes, and other amenities needed for everyday life are located in the town or in the immediate vicinity.

The location is suitable both for private holidays and stays as well as for tourist rental.

Basic information

Purchase price: 435,000 €
Living area: approx. 192 m2
Plot area: approx. 257 m2
Number of residential units: 3
Number of bedrooms: 7
Number of bathrooms: 3
Year of renovation: 2019
Possible gross income according to example: approx. 54,000 € per year
Possible gross yield according to example: approx. 12.4%

For further information or to arrange a viewing appointment, please feel free to contact me.

Contact:
Mirko Kedenburg
Mobile: +385 95 3907 032
Tel. (DE): +49 173 78 54 109
WhatsApp: wa.link/ydckls
E-mail: mirko@cro-living.hr
Web: www.cro-living.hr