Immobalko

Zagreb · Zagreb · Croatia

Zagreb, Britanski trg, four-room apartment for renovation, 142 m²

For sale · Apartment · Reference IB-18445

€448,000

Key facts

Price
€448,000
Price per m²
€3,155/m²
Living area
142 m²
Rooms
4
Bedrooms
4
Bathrooms
1
Floor
3
Distance to airport
11 km
18% below the regional average (Region average: €3,851/m²)Online for 0 days

Investment overview

Estimated gross yield

6.2%

Based on the rental average in Zagreb of €16.35 per m² and month, drawn from 235 active rental listings. At 142 m² that works out to roughly €2,321 per month and €27,857 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

A spacious four-room apartment of 142 m² is for sale, located on the third floor of a residential building from 1895, in one of Zagreb's most prestigious locations, Britanski trg. The apartment consists of an entrance hallway with staircase, a spacious living room, three large bedrooms, a kitchen, bathroom and storage room. East–west orientation provides plenty of natural light throughout the day. The property is in need of complete renovation, giving the future owner an exceptional opportunity to arrange the space entirely according to their own wishes and needs. Particular value is added by the building's shared rooftop terrace, to which only this apartment has direct access – an almost private outdoor space in the very centre of the city, a true rarity on the market. The apartment also includes a storage room in the building's basement. There is also the possibility of purchasing the neighbouring apartment (112 m²), which would create an impressive residential unit of over 260 m² on one floor – a unique opportunity for a luxury penthouse-type apartment or a representative city home in the centre of Zagreb. The apartment has a legally valid building permit, which further increases the long-term value of the property. The apartment is located in the immediate vicinity of restaurants, cafés, shops, cultural facilities and public transport. If a lower price for this property has been published on another website, the same applies with us. For all additional questions and viewings, we are at your disposal. In the event of a mediation transaction by our agency, an agency commission fee applies. Contact for this property: Vito, +385 91 622 7421 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15925 Vito Glavičić Mob: +385 91 622 7421 Tel: +385 91 2880 080 E-mail: vito@luvarealestates.com www.luvarealestates.com

Location

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

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