Immobalko

Varaždin · Northern Croatia · Croatia

For sale is a unique property located in the strict center of Varaždin, in close proximity to the…

For sale · Commercial · Reference IB-14541

€420,000

Key facts

Price
€420,000
Price per m²
€879/m²
Living area
478 m²
Distance to airport
66 km
66% below the regional average (Region average: €2,576/m²)Online for 11 days

Investment overview

Northern Croatia currently has 8 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

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 is a unique property located in the strict center of Varaždin, in close proximity to the Old Town, Miljenko Stančić Square, and the city market. This location represents the very essence of Baroque Varaždin, making it ideal for elite tourist or business purposes. Basic parameters of the property: Land area: 478 m² Footprint of the house: 208 m² Yard: A peaceful oasis of approx. 270 m² at the back of the property, perfect for a lounge terrace, winter garden, or additional amenities. Condition: The property is under the protection of conservators, ensuring the preservation of its historical character and prestige. Project "Boutique Hotel" – Ready for realization: The property comes with an issued building permit for a hotel, along with fully settled utility and water contributions, allowing for immediate commencement of works. Project documentation includes: Ground floor: Reception, luxury kitchen with serving area, two apartments, wardrobes, and a covered outdoor terrace connecting to the yard. First floor: Six modernly designed apartments. Why is this a rare opportunity? This property is not just a building; it is a strategic project in a location that does not lose value. Thanks to the resolved documentation and paid contributions, the investor skips years of administrative processes and enters directly into the construction phase at the most sought-after address in the city.

Location

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

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