Immobalko
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Zagreb · Zagreb · Croatia

SALE, STREET-LEVEL COMMERCIAL SPACE, DONJI GRAD, Tuškanova-Vrbanićeva, Two-Storey, 292 m2

For sale · Commercial · Reference IB-14554

€1,390,000

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Key facts

Price
€1,390,000
Price per m²
€4,760/m²
Living area
292 m²
Distance to airport
9 km
28% above the regional average (Region average: €3,705/m²)Online for 32 days

Investment overview

Estimated gross yield

3.8%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 269 active rental listings. At 292 m² that works out to roughly €4,458 per month and €53,492 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

SALE, COMMERCIAL SPACE, STREET-LEVEL PREMISES in VMD building Vrbanićeva-Tuškanova, 292 m2, spanning two floors with coefficients. For sale is a premium commercial space in a VMD building from 2011, currently operating as a catering establishment, which can also be ideal for various other business activities - from polyclinics, wellness centres, offices, notary offices and many others, thanks to the versatility of the space. On the ground floor is a space (196 m2 net) currently divided into 3 sections, with 3 bathrooms, featuring several entrances from the street side and access to the courtyard. It includes two terraces - street-facing (16.52 m2) along the storefront, and courtyard-facing (79.36 m2), adjacent to which is one external parking space. For future owners, the courtyard terrace can be converted into an additional 4 parking spaces. The basement contains a very pleasant space with high ceilings and two bathrooms (77 m2), with access to the garage (25 m2) and exit to the parking zone at -1 level. The basement space is currently used for various events, educational activities, workshops and similar purposes. A premium building, spacious and versatile space for different uses, which can be divided into several units, a high-traffic and well-known location, excellently connected by transport throughout Zagreb, multiple entrances to the premises (6) on both sides of the building, terraces, parking - the property offers a whole range of advantages. The business is also included in the sale. For further information please contact us. CREDIT BROKERAGE SERVICE: Opereta ekspert provides a free credit brokerage service, comparing offers from multiple banks in one place. Our team explains all options and guides you through the entire process - from consultation to loan disbursement, so you can make an informed financial decision and save time.

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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