Immobalko

Vis · Central Dalmatia · Croatia

Vis, house for sale, 124.000 €

For sale · House · Reference IB-17027

€124,000

Key facts

Price
€124,000
Price per m²
€3,024/m²
Living area
41 m²
Plot area
470 m²
Rooms
2
40% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 41 m² that works out to roughly €706 per month and €8,468 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

We are offering a house, one-story, in an unfinished state, with two rooms, which needs a complete renovation. The total area of ​​the land is 470 m2, of which the residential area is 41 m2. The land already has a building permit. The property is located in a very quiet settlement on the island of Vis, bordered by a pine forest, with only a few neighboring houses nearby. In terms of infrastructure, it has city water supply, and electricity is located right next to the house itself. The distance from the sea is about 850 m, and the house has direct access by car and parking.

Location

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

Similar properties