Immobalko

Zagreb · Zagreb · Croatia

FOR SALE, APARTMENT, ZAGREB, CENTRE, RIBNJAK

For sale · Apartment · Reference IB-12701

€340,000

Key facts

Price
€340,000
Price per m²
€3,778/m²
Living area
90 m²
Rooms
3.5
Year built
1937
Floor
2
Distance to airport
11 km
1% above the regional average (Region average: €3,735/m²)Online for 11 days

Investment overview

Estimated gross yield

5.1%

Based on the rental average in Zagreb of €16.17 per m² and month, drawn from 199 active rental listings. At 90 m² that works out to roughly €1,455 per month and €17,465 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, APARTMENT, ZAGREB, CENTRE, RIBNJAK A period-style ("građanski") apartment of 89,5m2 on the 2nd floor of a building without a lift. It consists of an entrance hallway, a "hall"/dining area, two larger rooms with a south-west orientation and a beautiful view of Ribnjak park and Zagreb Cathedral, a kitchen, 2 storage rooms, one smaller "maid's"/study room, a bathroom, a separate WC, and a larger and a smaller balcony. Complete renovation needed. After the earthquake, the building received a "green sticker". An attractive location in the very heart of the city, in the immediate vicinity of the public garage at Langov trg and all other amenities of the innermost city centre.

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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