Immobalko

Zagreb · Zagreb · Croatia

Modern commercial space, 370 m2, for sale – Borovje, Zagreb

For sale · Commercial · Reference IB-18655

€1,200,000

Key facts

Price
€1,200,000
Price per m²
€3,429/m²
Living area
350 m²
Rooms
11
Bedrooms
11
Distance to airport
7 km
11% below the regional average (Region average: €3,851/m²)Online for 0 days

Investment overview

Estimated gross yield

5.7%

Based on the rental average in Zagreb of €16.35 per m² and month, drawn from 235 active rental listings. At 350 m² that works out to roughly €5,722 per month and €68,661 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

A commercial property is for sale in Borovje. It consists of three units merged into one space, which can easily be separated again thanks to the layout and the fact that the property has three separate entrances. The interior area measures 283 m², while the exterior area amounts to 67 m² (both covered and uncovered terrace). In addition, the property includes a storage room of approx. 20 m². This property can be ideal for all types of businesses, such as a café, restaurant, or similar, and can also be converted into office space if needed. It also represents an excellent investment opportunity due to its prime location and the many possibilities this space offers. For any further questions or to arrange a viewing, we are at your disposal. In the case of mediation through our agency, an agency commission fee applies. Contact for this property: Filip, +385 91 288 0089 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15577 Filip Dobranić Mob: +385 91 288 0089 Tel: +385 91 2880 080 E-mail: filip@luvarealestates.com www.luvarealestates.com

Location

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

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