Apartment: Zagreb (Medveščak), 70m2 + 15m2 storage (for sale)

For sale · Apartment · Reference IB-20948

€370,000

Key facts

Price: €370,000
Price per m²: €4,744/m²
Living area: 78 m²
Rooms: 2
Year built: 1940
Floor: 3
Distance to airport: 11 km

28% above the regional average (Region average: €3,709/m²)Online for 1 day

Investment overview

Estimated gross yield

3.9%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 265 active rental listings. At 78 m² that works out to roughly €1,191 per month and €14,289 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 an apartment on the 3rd floor of a building on Degenova ulica. The apartment is dual-aspect, facing east/west, which ensures abundant natural light and pleasant ventilation throughout the day. The building is well-maintained and regularly serviced (roof renovated, facade refurbished on the courtyard side, well-kept stairwell). The location is exceptionally attractive - at the very entrance to Ribnjak park, while Zagreb Cathedral and Trg bana Josipa Jelačića are just 10 minutes' walk away. A tram stop is located in the immediate vicinity of the building. The apartment comprises: - spacious entrance area - living room with dining area - separate kitchen - bathroom - separate toilet - bedroom - balcony Additional value is provided by storage spaces in the attic and basement with a total area of approximately 15 m2. The apartment is neat and well-maintained and is sold furnished (without personal items and decorations). Ceiling height is 2.95 m. It is equipped with electric blinds, air-conditioned, with newly installed joinery featuring triple-glazed windows that provide excellent thermal and sound insulation. The entrance door is burglar-proof and fire-resistant. Contact: 091 78 32 764

This text was machine translated and reviewed by the agency.