Immobalko

Vis · Central Dalmatia · Croatia

Vis, old stone house for sale, 510.000 €

For sale · House · Reference IB-16507

€510,000

Key facts

Price
€510,000
Price per m²
€6,375/m²
Living area
80 m²
Plot area
15,000 m²
Rooms
1
Bathrooms
1
26% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.2%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 80 m² that works out to roughly €1,377 per month and €16,523 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

For sale is an authentic property with a charming stone house, located in the heart of the island of Vis, surrounded by nature and pine forests. The house has a special artistic touch, the interior itself exudes creativity. The romantic detached house consists of one bedroom, which is located in the attic. It has access to a terrace with a stunning view of the greenery and the forest. On the ground floor there is a kitchen, a living room and a large bathroom with a bathtub and built-in wardrobes. There is also a wood-burning stove, which provides special warmth to this home in winter. The house leads to a spacious covered terrace. On the plot itself there are 2 more bungalows, each with an area of 28 m2, which are used in the summer months. In front of the house there is 12 000 m2 of highly fertile land, currently unplanted, but which can be used for planting olive groves or vineyards. In terms of infrastructure, the house has water, sewage, and electricity via solar panels. The house also has secured parking, as well as a detached garage of about 20 m2.

Location

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

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