Omis, old stone house for sale, 280.000 €

For sale · House · Reference IB-21768

€280,000

Key facts

Price: €280,000
Price per m²: €1,474/m²
Living area: 190 m²
Plot area: 247 m²
Rooms: 4
Bathrooms: 1
Distance to sea: 1.8 km
Distance to airport: 17 km

66% below the regional average (Region average: €4,273/m²)Online for 0 days

Investment overview

Estimated gross yield

13.6%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 190 m² that works out to roughly €3,167 per month and €38,000 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

An old detached stone house of 200 m2, located on a plot of 247 m2 in a quiet village in the hinterland of Omiš. The house is situated along a local road and is just a 10-minute drive from Omiš. Currently, the ground floor has a living area connected to a wine cellar and a garage, while the bedrooms are on the first floor, with stairs leading up to the attic. The house is of authentic stone construction and requires renovation, giving the future owner the opportunity to design and restore it according to their own wishes and needs. Thanks to its size, traditional construction, and proximity to Omiš, the property represents an interesting opportunity for creating a family home, a vacation house, or a rental property for tourists.