Immobalko

Zagreb · Zagreb · Croatia

TRNJE, SAVICA, COMMERCIAL SPACES 705 m2 WITH PRIVATE PARKING, FOR SALE

For sale · Commercial · Reference IB-14478

€1,250,000

Key facts

Price
€1,250,000
Price per m²
€1,773/m²
Living area
705 m²
Distance to airport
8 km
53% below the regional average (Region average: €3,735/m²)Online for 11 days

Investment overview

Estimated gross yield

10.9%

Based on the rental average in Zagreb of €16.17 per m² and month, drawn from 199 active rental listings. At 705 m² that works out to roughly €11,401 per month and €136,810 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

TRNJE, SAVICA, COMMERCIAL SPACES 705 m2 WITH PRIVATE PARKING, FOR SALE For sale are furnished office-type commercial spaces on the second floor of a business building with a separate entrance in an easily accessible and very well-connected location. The area of the commercial spaces is 669 m2 and with the associated parking, it is 705 m2. DESCRIPTION OF THE SPACE: the spaces consist of an entrance area with a reception and separate offices with a large conference room. The spaces are air-conditioned and newly renovated. They contain two separate sanitary facilities and a separate kitchen. The business building was constructed in 1998, featuring a modern design characterized by large glass surfaces. Notably, there is a large parking area for about 20 vehicles that is owned by the commercial spaces. The offices are currently rented, so the buyer can take over the lease, and as such, they can be a good investment with a stable rental yield, or the contracts can be terminated if the buyer wants an empty property. The property is owned by a limited liability company, so it is sold as a legal entity.

Location

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

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