Immobalko

Zagreb · Zagreb · Croatia

ZAGREB, CENTER, MULTI-PURPOSE BUSINESS BUILDING, TOP LOCATION!

For sale · Commercial · Reference IB-14477

€3,900,000

Key facts

Price
€3,900,000
Price per m²
€2,910/m²
Living area
1,340 m²
Distance to airport
11 km
21% below the regional average (Region average: €3,677/m²)Online for 11 days

Investment overview

Estimated gross yield

6.7%

Based on the rental average in Zagreb of €16.20 per m² and month, drawn from 198 active rental listings. At 1,340 m² that works out to roughly €21,712 per month and €260,544 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

ZAGREB, CENTER, MULTI-PURPOSE BUSINESS BUILDING, TOP LOCATION! A business building is for sale in a top location in the very center of Zagreb with a total area of 1340.00 m2. It consists of a ground floor, three floors, and an attic. It is fully equipped with utilities, connected to the water supply and sewage network, gas, electrical, and telephone networks. Currently, it is in ROH BAU CONDITION. The majority of the load-bearing structure, roofing, and facade work has been completed, and external joinery has been installed. More information available upon request. RARE ON THE MARKET!

Location

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

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