House: Zagreb (Brestje), 361.98 m2 (sale)

For sale · House · Reference IB-20965

€485,000

Key facts

Price: €485,000
Price per m²: €1,340/m²
Living area: 362 m²
Plot area: 663 m²
Rooms: 5
Year built: 2000
Distance to airport: 10 km

64% below the regional average (Region average: €3,709/m²)Online for 1 day

Investment overview

Estimated gross yield

13.7%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 265 active rental listings. At 362 m² that works out to roughly €5,526 per month and €66,316 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

We are mediating the sale of a detached house in a quiet street location, in immediate proximity to all amenities, schools, kindergartens, shops, church, near the extended Branimirova street, built in 1999, occupied in 2000. The property consists of basement, ground floor and attic with a total gross built-up area of 343.82 m2, on a plot of 663 m2 which also includes an auxiliary building of 18 m2 comprising a smokehouse, roasting house and tool storage. The basement contains storage, wine cellar, terrace (lounge area) and hallway. The ground floor features a paved entrance, covered parking spaces, garage, hallway, entrance, bedroom, staircase to upper floor, living room, dining room, kitchen, hallway, bathroom and enclosed terrace. The attic consists of a space above the garage, three bedrooms, spacious bathroom, hallway and two balconies facing east and west. Ceiling heights range from 335 to 290 to 260 cm. All documentation is in order, all utilities connected to the house, gas supply by floor. If needed, with minor modifications it can function as two apartments. Contact: 091 78 32 764

This text was machine translated and reviewed by the agency.