Immobalko

Vis · Central Dalmatia · Croatia

Vis, house for sale, 700.000 €

For sale · House · Reference IB-17055

€700,000

Key facts

Price
€700,000
Price per m²
€5,785/m²
Living area
121 m²
Plot area
36,296 m²
Rooms
1
Bathrooms
1
15% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 121 m² that works out to roughly €2,083 per month and €24,992 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

House with huge land plot, ideal for all those who want to enjoy peace and quiet, surrounded by the beauty of untouched nature, and near the crystal clear sea, and at the same time be close to all city facilities that the island of Vis offers. Three-storey detached house with a garden, built not so long ago in 2005, has a land area with a total of 36,296 m2, of which 1,000 m2 is building land plot. The rest is managed as agricultural land (suitable for growing different crops).Agricultural land is near the building plot, overlooking the sea. The house has a living area of 121 m2.  The property is situated in an attractive location on the island of Vis, more precisely on the northeast side, and offers an open view of a quiet bay and the Adriatic Sea. Only 70 m from the sea, with direct access to the beach, and 3-4 minutes by car from the center - the house consists of ground floor, first floor and loft space. On the ground floor are two rooms, which currently serve mostly as storages. On the first floor is a studio apartment with a balcony. In the loft there is a room of 48 m2. The house also has an outdoor uncovered parking lot, which has space for several vehicles, and an asphalt road leads to the house. The property has not been built or completed in its entirety, thus allowing the new owner to complete it to the end at his discretion. We are happy to be at your disposal for any additional questions and information.

Location

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

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