Immobalko

Zagreb · Zagreb · Croatia

FOR SALE, APARTMENT, ZAGREB, KNEŽIJA, 61.41 m2

For sale · Apartment · Reference IB-13597

€299,000

Key facts

Price
€299,000
Price per m²
€4,902/m²
Living area
61 m²
Rooms
3
Year built
1965
Floor
1
Distance to airport
11 km
33% above the regional average (Region average: €3,677/m²)Online for 11 days

Investment overview

Estimated gross yield

4.0%

Based on the rental average in Zagreb of €16.20 per m² and month, drawn from 198 active rental listings. At 61 m² that works out to roughly €988 per month and €11,861 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, KNEŽIJA, 61.41 m2 In an excellent location on the quiet street Poljana Vladimira Njegovana in Knežija, a functional three-room apartment with an area of 61.41 m2 is for sale, located on the 1st floor of a residential building from 1965. The apartment consists of two bedrooms, a living room with access to a balcony, a kitchen and a bathroom with WC. It is oriented to the north and west, which ensures an abundance of natural light and a pleasant atmosphere during the day. In 2015 the electrical, plumbing and heating installations were renovated. The apartment comes with a storage room on the ground floor, and residents also have access to a shared bicycle room. Parking is available at public parking spaces in front of the building. Knežija is one of the most desirable Zagreb neighbourhoods to live in, thanks to its excellent transport connections and developed infrastructure. Shops, schools, kindergartens, public transport, parks and all amenities needed for a pleasant everyday life are in the immediate vicinity. This property represents an excellent choice for family life, as well as an investment for long-term rental, thanks to its functional layout and excellent location.

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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