€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Vis · Central Dalmatia · Croatia
Vis, house for sale, 450.000 €
For sale · House · Reference IB-16248
€450,000
Key facts
- Price
- €450,000
- Price per m²
- €1,442/m²
- Living area
- 312 m²
- Plot area
- 218 m²
- Rooms
- 10
- Bathrooms
- 6
71% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
14.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 312 m² that works out to roughly €5,374 per month and €64,488 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
Nice apartment house on the south side of Vis. The house is located in an area popular with tourists, so demand for rental properties is high. This house is located on a small hill, so it provides nice views of the sea. The house itself has 312 m2 of living area, with a total of 3 floors and 6 apartments in total. Each floor has 2 apartments, with the top floor apartments being one bedroom and one bathroom, and the bottom two floors have 2 bedrooms and 1 bathroom. Apartments on the top floor both have an outdoor terrace that has open sea views. Also, it is covered so it provides shade from the sun and cover from other weather elements. Inside of the apartment is fully furnished, it’s not spacious but more then enough for a nice stay during summer. Both apartments are same in size and layout. Both the 1st floor and ground floor apartments are same in size and layout. The only difference from the top floor apartments is that they have an extra bedroom. As on the top floor, on the 1st floor is also a covered and spacious terrace. On the ground floor, there are 2 more apartments, same layout and size as the 1st floor apartments. A spacious terrace with a massive siting table is located in front, with a nice dalmatian style BBQ. Additionally on this floor, there is a spacious storage and a studio apartment, which was previously used for workers, who were taking care of the house. It is fully furnished and can be used if needed or converted into something else. Parking spaces are in front of the house. It’s a nice location on the south side of Vis, with a couple of nice beaches in the area. The house itself is in good condition and can be used right away.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
