€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Vis · Central Dalmatia · Croatia
Vis, house for sale, 550.000 €
For sale · House · Reference IB-17046
€550,000
Key facts
- Price
- €550,000
- Price per m²
- €3,056/m²
- Living area
- 180 m²
- Plot area
- 369 m²
- Rooms
- 5
- Bathrooms
- 5
40% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
6.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 180 m² that works out to roughly €3,100 per month and €37,205 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
On the south side of the island of Vis, in a small and quiet village, only 200 m from the sea are located 2 detached houses, built 35 years ago. They are located next to each other, and are sold together, although they have separate scales and are registered at 2 home addresses. Both houses are in very good condition. Given the great location, they are a great investment to rent throughout the tourist season.The properties are also in the function of tourism, and are categorized as holiday homes with 3 stars. The total living area of all existing units is about 180 m2, while the land area is 369 m2. The ground floor consists of 3 one-bedroom, fully equipped apartments, and each of them has its own small terrace, while on the first floor there is a one bedroom apartment with a beautiful south-facing terrace, which offers a sea view. The garden consists of beautifully grown Mediterranean plants, a very practical summer kitchen, fireplace and outdoor bathroom. Both houses contain all the necessary infrastructure. Vehicle access is possible, and parking spaces are provided in front of the houses.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
