€120,000Novi Marof · Northern Croatia
Prodaja, Kuća, Novi Marof, Krč, Samostojeća, 84m2
84 m² · 2 rooms
Vis · Central Dalmatia · Croatia
Vis, house for sale, 100.000 €
For sale · House · Reference IB-16249
€100,000
Key facts
- Price
- €100,000
- Price per m²
- €1,429/m²
- Living area
- 70 m²
- Plot area
- 52 m²
- Rooms
- 2
- Bathrooms
- 2
72% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
14.5%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 70 m² that works out to roughly €1,206 per month and €14,469 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
A semi-detached house on the southern side of Vis island. It’s a small house located not far from the sea and there are a few beautiful beaches in the area, Currently, this house requires complete renovation from inside-out, but with the proper work, it can become a nice and cozy vacation house. Some work has started, but the new owner would have to finish most of it. It also has a small yard in front of the entrance. Water and electricity have been connected to the house and there is a septic tank on the back side. This is a renovation project, since the house cannot be used in its current state, but it can be a nice property once the renovations are done. This location is nice and peaceful, attractive because of its beaches and Vis is just 15 min away.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
