Immobalko

Vis · Central Dalmatia · Croatia

Vis, house for sale, 2.500.000 €

For sale · House · Reference IB-16461

€2,500,000

Key facts

Price
€2,500,000
Price per m²
€21,008/m²
Living area
119 m²
Plot area
300 m²
Rooms
3
Bathrooms
4
316% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

1.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 119 m² that works out to roughly €2,050 per month and €24,597 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

Exceptional property in a prime location in Vis, located in the first row to the sea. House in a row, which is of modern construction, and is equipped and completely renovated with private parking and a garden. West-facing, the property consists of a ground floor and an upper floor. On the ground floor there is a kitchen and dining room, and an internal staircase leads to the upper floor, where there are three bedrooms, each with its own bathroom and a large balcony with an incredible sea view. On the ground floor there is also a separate apartment, which consists of a bathroom, a kitchen, dining room and living room located in one space, from which there is an exit to the inner courtyard with a cistern, an area of about 25 m2. There is also a separate entrance to this apartment, on the east side of the street. The property functions as a rental house, with excellent business success, but can also serve as a top-notch family home. Only 10 m from the sea and 1 km from the ferry port, it is close to all the important facilities of this unique island.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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