Immobalko

Zagreb · Zagreb · Croatia

FOR SALE, APARTMENT, ZAGREB, PANTOVČAK, BULATOVA, 128m2, 4-ROOM

For sale · Apartment · Reference IB-13556

€641,371

Key facts

Price
€641,371
Price per m²
€5,011/m²
Living area
128 m²
Rooms
4
Year built
1938
Floor
2
Distance to airport
12 km
34% above the regional average (Region average: €3,735/m²)Online for 11 days

Investment overview

Estimated gross yield

3.9%

Based on the rental average in Zagreb of €16.17 per m² and month, drawn from 199 active rental listings. At 128 m² that works out to roughly €2,070 per month and €24,839 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

FOR SALE, APARTMENT, ZAGREB, PANTOVČAK, BULATOVA, 128m2, 4-ROOM On one of the most beautiful city addresses, above the very centre of the city, in a quiet one-way street, we offer a spacious four-room apartment located in a completely reconstructed loft of the building. In 2011, a complete reconstruction of the attic floor was carried out. As part of the works, the existing roof structure was removed, the side reinforced-concrete external walls and cornice were raised, a new steel-timber roof structure was built with multi-layer vapour-permeable insulation, double board sheathing and a final covering of beaver-tail roof tiles, while the dormers are clad in Prefa sheet metal. Extensive design and technical documentation exists for the works carried out, including detailed specifications and photographs of all phases of the reconstruction. The cleverly designed floor plan comprises a spacious open-space living area with kitchen, dining area and living room, two bathrooms, a utility room with the boiler and appliances, a hallway and two large bedrooms, one of which can be converted into two separate rooms with a simple partition. The apartment is currently organised as a three-room unit, but without major works it can become a functional four-room apartment. A particular asset of the property is the balconies that surround the apartment on three sides, with direct access from the living room to one of them. High-quality materials and fittings were used in the renovation. A Ticino electrical installation system was fitted with the wiring run beneath the screed, radiator heating, underfloor heating in both bathrooms, two air-conditioning units, and top-quality external joinery combining aluminium and PVC with double- and triple-glazed ARGON windows, ensuring excellent thermal and acoustic insulation. The apartment also comes with a garden of approximately 100 m², ideal for relaxation, socialising or arranging as desired. According to the floor-ownership survey, the apartment carries the right to use two outdoor parking spaces in the yard, which can be arranged in agreement with the other co-owners. Thanks to the large roof windows and side openings, the apartment is full of natural light throughout the day. The ceiling height ranges from 1,55 m to an impressive 5 m at the roof ridge, which further emphasises the sense of spaciousness and openness. This property represents an excellent opportunity for anyone seeking a quality, bright and airy home in a prestigious location, in the immediate vicinity of everything the city centre offers, while at the same time in a quiet and pleasant setting.

This text was machine translated and reviewed by the agency.

Location

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

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