€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Vis · Central Dalmatia · Croatia
Vis, old stone house for sale, 1.050.000 €
For sale · House · Reference IB-16666
€1,050,000
Key facts
- Price
- €1,050,000
- Price per m²
- €3,500/m²
- Living area
- 300 m²
- Plot area
- 2,500 m²
- Rooms
- 8
- Bathrooms
- 4
31% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
5.9%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 300 m² that works out to roughly €5,167 per month and €62,008 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
Unique property for sale on the island of Vis. In a quiet location, surrounded by nature, there is a property with 5 stone houses. The area of the land is 2500 m2, and the total living area of all the houses together is approximately 300 m2. The houses have been completely renovated in order to preserve the original appearance and are fully furnished, and are being sold as such. Properties are approximately 60 m2 and consist of 2 bedrooms, bathroom, kitchen and living room. As part of the entire estate, there is also a swimming pool with a sunbathing area, as well as two chimneys, a garden and an area for socializing. Properties have been in the process of being rented for many years, so there is a possibility of continued successful renting. The distance from the sea is 1 km.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
