Immobalko

Vis · Central Dalmatia · Croatia

Vis, villa for sale, 1.670.000 €

For sale · Villa · Reference IB-16639

€1,670,000

Key facts

Price
€1,670,000
Price per m²
€5,219/m²
Living area
320 m²
Plot area
1,008 m²
Rooms
8
Bathrooms
8
3% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 320 m² that works out to roughly €5,508 per month and €66,093 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 unique apartment house in a fantastic location on the island of Vis.  The property is located on a plot of land of 1008 m2, and the living area is 320.  It consists of a total of 4 apartment units, which are spread over two floors, and contain a kitchen, living room, hallway, two bedrooms, two bathrooms and a terrace.  In addition to all of the above, the property includes an outdoor swimming pool, a sunbathing area and a summer kitchen.  Outdoor parking is also provided.  The property offers a wonderful panoramic view. The distance from the sea and the center of the town, where all the necessary facilities are available, is only 150 m.  The nearest airport is 80 km.

Location

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

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