€668,850Rogač · Central Dalmatia
Građevinsko zemljište u 1. redu do mora, Šolta, Rogač
1,911 m² plot
Vis · Central Dalmatia · Croatia
For sale is a unique residential-commercial building located in an extremely attractive location in…
For sale · House · Reference IB-14339
€1,150,000
Key facts
- Price
- €1,150,000
- Price per m²
- €3,286/m²
- Living area
- 350 m²
- Plot area
- 151 m²
- Rooms
- 9
- Year built
- 1900
- Distance to airport
- 47 km
35% below the regional average (Region average: €5,049/m²)Online for 11 days
Investment overview
Estimated gross yield
6.3%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 350 m² that works out to roughly €6,024 per month and €72,289 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
For sale is a unique residential-commercial building located in an extremely attractive location in the town of Vis, just a few steps from the sea and the well-maintained waterfront. The property is situated in the second row to the sea, in close proximity to all amenities necessary for a pleasant stay and successful tourist business, making it an excellent investment opportunity on one of the most desirable Croatian islands. The existing condition of the building encompasses both residential and commercial parts. The residential part, accessed via a staircase from the main street, extends over the first floor and the attic and consists of a spacious apartment with four rooms, each with its own bathroom. The commercial part currently consists of five completely separate apartments. On the ground floor, there are four apartments, one of which has a separate entrance from the street, while the remaining three are located in the inner courtyard. The fifth apartment is situated on the first floor, accessible via an external staircase from the courtyard. According to the valid building permit, a change of use and reorganization of the space into a hospitality-tourism building is planned. The planned condition includes an entrance area with a reception and service rooms, as well as five rooms for tourist activities. The residential part is designed as one comfortable residential unit distributed over the first floor and the attic, with a spacious living area that includes a living room, kitchen, and dining room, four bedrooms, as well as external terraces and a courtyard. This property represents a rare opportunity to purchase a building with already developed accommodation capacities and clearly defined potential for further development. Thanks to its excellent location near the sea, flexibility of use, and authentic Mediterranean environment, it is ideal for investors seeking a combination of private living and profitable tourist activity.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
