Immobalko

Zagreb · Zagreb · Croatia

ZAGREB, CENTER, MULTI PRUPOSE BUILDING, TOP LOCATION

For sale · Commercial · Reference IB-14494

€1,680,000

Key facts

Price
€1,680,000
Price per m²
€2,897/m²
Living area
580 m²
Rooms
10
Distance to airport
12 km
22% below the regional average (Region average: €3,735/m²)Online for 11 days

Investment overview

Estimated gross yield

6.7%

Based on the rental average in Zagreb of €16.17 per m² and month, drawn from 199 active rental listings. At 580 m² that works out to roughly €9,379 per month and €112,553 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

ZAGREB, CENTER, MULTI PRUPOSE BUILDING, TOP LOCATION Multi purpose building for sale, AGENCY RECOMMENDATION! The building consists of a ground floor, 2 floors and an attic. It is partially furnished and offers the possibility of 2 entrances to the building. It consists of a reception area, 10 rooms, sanitary facilities, dining and relaxation rooms. At the top of the building there is a beautiful terrace of 40 m2. 5 private parking spaces are available, and there is also a free public parking lot in front of the building. Optics were installed to the server room, and the building itself is equipped with video surveillance, a fire alarm and an alarm system. Opportunity!

Location

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

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