Apartment: Zagreb (Retkovec), 32.19 m2 (for sale)

For sale · Apartment · Reference IB-20964

€125,000

Key facts

Price: €125,000
Price per m²: €3,906/m²
Living area: 32 m²
Rooms: 1
Bathrooms: 1
Year built: 1984
Floor: 8
Distance to airport: 10 km

5% above the regional average (Region average: €3,709/m²)Online for 1 day

Investment overview

Estimated gross yield

4.7%

Based on the rental average in Zagreb of €15.27 per m² and month, drawn from 265 active rental listings. At 32 m² that works out to roughly €489 per month and €5,862 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 one-bedroom apartment in a building constructed in 1984. The apartment is well-maintained, with replaced external joinery and an enclosed loggia. The apartment comprises an entrance hall, bathroom, kitchen, bedroom, loggia and storage space in the building's basement of approximately 1.5 m2. The apartment is bright and spacious.

This text was machine translated and reviewed by the agency.