Immobalko

Zagreb · Zagreb · Croatia

For sale is a four-room apartment on the first floor of a building (actually the second) with a…

For sale · Apartment · Reference IB-13526

€748,000

Key facts

Price
€748,000
Price per m²
€5,500/m²
Living area
136 m²
Rooms
4
Year built
1928
Floor
1
Distance to airport
10 km
50% above the regional average (Region average: €3,677/m²)Online for 11 days

Investment overview

Estimated gross yield

3.5%

Based on the rental average in Zagreb of €16.20 per m² and month, drawn from 198 active rental listings. At 136 m² that works out to roughly €2,204 per month and €26,443 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 is a four-room apartment on the first floor of a building (actually the second) with a total of 4 floors and an elevator. The building has a green label. The apartment consists of an entrance area, four separate rooms, a bathroom with a toilet, a separate toilet, and a smaller storage room before entering the apartment. It is located in close proximity to Zrinjevac Park, Ban Jelačić Square, and hospitality establishments. The apartment is ideal for family living or as a business space. Ownership is clear 1/1.

Location

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

Similar properties

WhatsApp