Apartment: Zagreb (Ravnice), 44.00 m2 (sale)

For sale · Apartment · Reference IB-20936

€140,000

Key facts

Price: €140,000
Price per m²: €3,182/m²
Living area: 44 m²
Rooms: 2
Year built: 1961
Distance to airport: 9 km

14% below the regional average (Region average: €3,705/m²)Online for 1 day

Investment overview

Estimated gross yield

5.8%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 269 active rental listings. At 44 m² that works out to roughly €672 per month and €8,061 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 ground floor of a family house built in 1961. The apartment has approximately 44 m² of usable floor area and consists of: - entrance, - storage under the staircase, - hallway, - bathroom, - kitchen, - laundry area, - one bedroom and - living room. The layout is functional and allows for comfortable and practical daily living. The apartment has a separate entrance and is immediately move-in ready and can be used without restriction. All utility connections are separate and the apartment has its own gas, electricity and water connections. The subject of the sale is a 1/4 co-ownership share of the family house, registered in the land registry. The property is not divided into units, therefore purchase is possible exclusively by cash payment (own funds). According to the purchase and sale agreement by which the current owner acquired the property, this co-ownership share in nature comprises the ground floor apartment (lower floor) with a separate entrance and the right to use the corresponding part of the courtyard. For any additional information and to arrange a viewing, please contact us. Contact: 091 7832 764

This text was machine translated and reviewed by the agency.