Immobalko

Zagreb · Zagreb · Croatia

Zagreb, City Centre, Unique Residential & Commercial Property, 151 m²

For sale · Apartment · Reference IB-18276

€590,000

Key facts

Price
€590,000
Price per m²
€3,907/m²
Living area
151 m²
Rooms
6
Bedrooms
5
Bathrooms
1
Distance to airport
11 km
1% above the regional average (Region average: €3,851/m²)Online for 0 days

Investment overview

Estimated gross yield

5.0%

Based on the rental average in Zagreb of €16.35 per m² and month, drawn from 235 active rental listings. At 151 m² that works out to roughly €2,469 per month and €29,622 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 is a unique residential commercial property with a total area of ​​151 m², located on the high ground floor of a well maintained building in the prestigious Varšavska Street in the very heart of Zagreb. Varšavska ulica is one of the most prestigious addresses in the city center, with excellent traffic connections, proximity to public transport and public garages, and all the facilities that Zagreb offers at your fingertips. The property exudes the charm of a classic Zagreb townhouse and retains numerous original architectural elements that give it a special character and elegance. Floor plan: - 12 rooms - 2 toilets - 1 bathroom - Tea kitchen - Smaller archive space - Two original, preserved potash fireplaces Advantages: - High ceilings of 3.5 m and plenty of daylight - North-south orientation - Wall thickness 70 cm for excellent heat and sound insulation - New PVC windows - Space renovated a year ago - The building was not damaged in the earthquake - Nice and clean documentation - Minimal interventions in the original floor plan - High ground floor, excellent accessibility - Close to public transport and public garages In recent years, the space has been successfully used as a foreign language school, while retaining almost all of the original spatial characteristics. Thanks to the functional layout and exceptional location, the property offers a wide range of possibilities. Thanks to its location, spaciousness and civic character, this property is perfect for a demanding buyer who is looking for a representative office space in the center of Zagreb, such as a polyclinic, law firm, notary's office, education center or company representative office. With minor adjustments, the space can be turned into an extremely attractive city apartment, and there is also the possibility of conversion into two separate apartments or exchange for two smaller apartments, which makes it particularly interesting from an investment point of view. For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 50512357 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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