House Gradac

Croatia, Gradac near Makarska – House with 3 apartments, parking, cellar and sea view, 192 m²
Residential house with 3 apartments in Gradcu near Makarske – cca 192 m2 living area, 7 bedrooms and possible gross yield of cca 12,4 % Main features of the property For sale is a maintained and modernly finished residential house with three separate apartments in Gradcu, south of Makarske. The property has approximately 192 m2 living area on a plot of approximately 257 m2, and was renovated in 2019. Thanks to the layout into three separate residential units, the property is very suitable as a tourist property, a multi‑generational house or an investment with tourism rental potential. With 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 are a spacious parking area for multiple vehicles, a large cellar space beneath the parking area, a small garage and balconies and terraces. In total the property offers seven bedrooms and three bathrooms. Property description The house consists of three mutually separate apartments arranged in the basement, ground floor and first floor. This layout provides great flexibility of use. The property can be used entirely for tourist rentals, partially for personal needs or as a multi‑generational house. In front of the house there is a spacious parking area with enough space for multiple vehicles. Below the parking area there is a large basement space that can be used as a warehouse, storage room or additional utility space. The property also has a small garage suitable for housing a small boat, motorcycles, bicycles or garden tools. Layout of residential units Basement apartment The basement apartment consists of two bedrooms, an open living room with dining area and kitchen, a bathroom with shower and a terrace. The terrace provides a pleasant extension of the living space and offers 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 two outdoor spaces, this apartment offers a particularly pleasant area for outdoor living. First floor apartment The first floor apartment features three bedrooms, an open living room with dining area and kitchen, a bathroom with shower and a balcony. Because of the three bedrooms, this residential unit is especially suitable for larger families or for accommodating a larger number of tourist guests. Amenities The house was renovated in 2019 and is in a tidy and contemporary condition. The property comprises three completely separate apartments, modern living and kitchen areas, three bathrooms with showers, balconies and terraces, a spacious parking lot, a large basement space and a small garage. With a total of seven bedrooms, the property offers good accommodation capacity and interesting possibilities for tourist rentals. Usage options Thanks to the three separate residential units, the property provides various usage possibilities. It is especially suitable as a tourist property with three separate apartments for rent, an investment for tourist or long‑term leasing, a multi‑generational family home, or a combination of personal use and rental. It is also attractive to larger families who want separate living spaces within the same property. Parking spaces, outdoor areas, the basement and an additional garage represent a significant practical advantage, especially for tourist rentals. Tourist rental potential and possible gross yield Because of the three separate apartments and the large number of sleeping places, the property has an interesting potential for tourist renting. Depending on the individual apartment, it is possible to accommodate approximately four to six people. As a guideline example, depending on the season, equipment, number of guests, marketing method and occupancy, an average price of approximately 150 € per apartment per night can be assumed. If each of the three apartments were rented on average 90 nights per year at a price of 150 € per night, the possible gross income would be approximately 40.500 € per year. With an average occupancy of 120 nights per year per apartment, the example calculation looks like this: 3 apartments × 150 € per night × 120 nights = approximately 54.000 € possible gross income per year. Compared to the purchase price of 435.000 €, this corresponds to a possible gross return of approximately 12,4 % per year. With a very good occupancy of, for example, 150 nights per year per apartment, the possible gross income could be approximately 67.500 € per year. All the above calculations serve solely as an indicative example of the potential tourist rental income and do not constitute a guarantee of income or return. The actual result depends, among other things, on the season, occupancy, achieved nightly rate, marketing method, platform commissions, cleaning costs, utilities, maintenance, management, taxes and other operating expenses. The stated return of approximately 12,4 % represents the gross return 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 position between the Adriatic Sea and the Dalmatian hinterland. Shops, restaurants, cafés and other amenities needed for everyday life are located in the town or in the immediate vicinity. The location is suitable both for personal vacation and stay as well as for tourist rentals. Basic data Sale price: 435.000 € Living area: approx. 192 m2 Land area: approx. 257 m2 Number of residential units: 3 Number of bedrooms: 7 Number of bathrooms: 3 Year of renovation: 2019. Potential gross income according to example: approx. 54.000 € per year Potential gross yield according to example: approx. 12,4 % For additional information or to arrange a viewing appointment, feel free to contact me. Contact: Mirko Kedenburg Mobile: +385 95 3907 032 Phone. (DE): +49 173 78 54 109 WhatsApp: wa.link/ydckls Email: [email protected] Web: www.cro-living.hr For more information: Mirko Kedenburg Phone: +385 95 3490557 Email: [email protected] Web: https://cro-living.hr/ PROPERTY ID: K482