Immobalko

Zagreb · Zagreb · Croatia

APARTMENT, SALE, CENTER, Gundulićeva, 182.60m2, 5 rooms

For sale · Apartment · Reference IB-12573

€600,001

Key facts

Price
€600,001
Price per m²
€3,279/m²
Living area
183 m²
Rooms
5
Year built
1930
Floor
1
Distance to airport
11 km
12% below the regional average (Region average: €3,735/m²)Online for 11 days

Investment overview

Estimated gross yield

5.9%

Based on the rental average in Zagreb of €16.17 per m² and month, drawn from 199 active rental listings. At 183 m² that works out to roughly €2,959 per month and €35,512 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

APARTMENT, SALE, CENTER, Gundulićeva, 182.60m2, 5 rooms For sale is a beautiful period apartment in the inner city center, in an excellent location, close to all amenities, suitable for comfortable living or business use, consisting of a large entrance area, four large rooms, a maid's room, a spacious bathroom, a kitchen with access to a terrace facing the courtyard, a pantry, an additional smaller bathroom, and an enclosed terrace. The apartment needs renovation. A storage room in the basement belongs to the apartment.

This text was machine translated and reviewed by the agency.

Location

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

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