Immobalko

Vis · Central Dalmatia · Croatia

Vis, old stone house for sale, 320.000 €

For sale · House · Reference IB-16871

€320,000

Key facts

Price
€320,000
Price per m²
€3,048/m²
Living area
105 m²
Plot area
100 m²
Rooms
2
Bathrooms
3
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 105 m² that works out to roughly €1,807 per month and €21,687 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

Old stone house, in the green protected zone of the island of Vis, located at 150 m above sea level. The building is located in a row of stone houses, and it is oriented to the north. The property is surrounded by nature, peace and quiet. It was built in 1830, and the living area is 105 m2. The house consists of three floors and is completely renovated, and the last complete renovation began in 2001 and was completed 5 years later. The walls of the house are 60 cm thick, and the floors are concrete. The water is from the hydrophore, which is connected to a five-stage pump. The house has two entrances, so it is possible to separate the floors, depending on the wishes of the future owner. On the first floor is a tavern, with an entrance on the north side, where there is a kitchen, dining room, living room and toilet. In front of the tavern is a nice terrace of 35 m2 with a fireplace, a brick sink and a work surface. The entrance to the second floor is on the south side of the house. On the second floor there is a room with a bathroom, and the internal stairs lead to the attic, where there is another bedroom with a bathroom. The house offers a wonderful panoramic view of Šolta, Split, and even Kornati and Velebit, when the wind blows. Part of the asphalt road leads to the house, and the last 3 km to the house is macadam. The sea and beaches are about 2 km away, and access to the surrounding bays is possible with a car. The distance to the ferry port is about 6 km. The building is successfully rented out during the tourist season, and brings a very good annual income.

Location

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

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