Business Space: Velika Gorica, HOTEL 2047 m2 on a plot of 8015 m2 (sale)

For sale · Commercial · Reference IB-21018

€2,500,000

Key facts

Price: €2,500,000
Price per m²: €1,221/m²
Living area: 2,047 m²
Floor: 2
Distance to airport: 3 km

67% below the regional average (Region average: €3,709/m²)Online for 1 day

Investment overview

Estimated gross yield

15.0%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 265 active rental listings. At 2,047 m² that works out to roughly €31,250 per month and €374,997 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 Hotel under construction with a total area of 2047 m2. It is situated in an excellent location at the entrance to Velika Gorica. The hotel comprises a basement, ground floor, and 1st and 2nd floors. The basement houses auxiliary rooms necessary for the hotel and restaurant. On the ground floor, reception, kitchen with accompanying rooms, two halls, cafe bar, sanitary facilities and an elevator are planned. The 1st and 2nd floors contain spaces for rooms and apartments. The building is in raw construction phase with installed carpentry. The courtyard is fenced with curbs set and infilled space prepared for parking area arrangement. Full ownership. Contact: 091 313 2212

This text was machine translated and reviewed by the agency.