Immobalko

Zagreb · Zagreb · Croatia

Zagreb, Britanski trg, apartment for renovation on the 3rd floor, 120 m²

For sale · Apartment · Reference IB-18421

€429,000

Key facts

Price
€429,000
Price per m²
€3,178/m²
Living area
135 m²
Rooms
3
Bedrooms
3
Bathrooms
1
Floor
3
Distance to airport
11 km
17% 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 135 m² that works out to roughly €2,207 per month and €26,483 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 three-room apartment for renovation is for sale, located in one of the most sought-after locations in Zagreb – Britanski trg. The apartment is situated on the 3rd floor (also the top floor) of a residential building without an elevator, which ensures additional peace and privacy. The total floor plan area is 112 m², while in reality it has approx. 120 m², which provides numerous possibilities for adapting the space according to your own wishes. Layout - entrance hall - hallway - 2 bedrooms - living room with access to a loggia - kitchen - bathroom with toilet - separate toilet - storage room - large terrace The apartment was last renovated in 1979, which makes it ideal for complete renovation and arrangement according to modern standards. Additional information - central gas heating + air conditioning - storage room in the basement - building without elevator - energy certificate in preparation Location Excellent micro-location in the city center – tram, shops, restaurants, cafes, and Ban Jelačić Square are in immediate vicinity, which makes this property perfect both for living and for investment. The apartment represents a rare opportunity to purchase a larger property in the center of Zagreb with great potential. For any additional questions and property viewings, we are at your disposal. In case of mediation by our agency, there is an obligation to pay the agency commission. 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: 15961 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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