Business Space: Zagreb (Maksimir), Kvatrić - Office, 14.80 m2 (Sale)

For sale · Commercial · Reference IB-20946

€32,000

Key facts

Price: €32,000
Price per m²: €2,133/m²
Living area: 15 m²
Floor: 3
Distance to airport: 10 km

42% below the regional average (Region average: €3,709/m²)Online for 1 day

Investment overview

Estimated gross yield

8.6%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 265 active rental listings. At 15 m² that works out to roughly €229 per month and €2,748 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 business space located on Martićeva Street, in the Kvatrić market building. The space is situated on the 3rd floor of the building, with access via shared corridors, stairs, lift and escalators. The business space uses shared sanitary facilities, while it has its own meters for electricity and water. Monthly expenses include: utility and water fee: 14.00 € reserve: 22.75 € electricity: currently approximately 15.00 € (depending on own consumption) Additionally, common overhead costs are paid three times per year, averaging 100.00 €, which amounts to approximately 25.00 € monthly. The total average monthly cost of the space is approximately 78.00 €.

This text was machine translated and reviewed by the agency.