Immobalko

Zagreb · Zagreb · Croatia

Zagreb Pantovčak, 141m2 apartment for renovation, for sale

For sale · Apartment · Reference IB-18594

€280,000

Key facts

Price
€280,000
Price per m²
€1,986/m²
Living area
141 m²
Rooms
6
Bedrooms
6
Bathrooms
3
Floor
1
Distance to airport
13 km
48% below the regional average (Region average: €3,851/m²)Online for 0 days

Investment overview

Estimated gross yield

9.9%

Based on the rental average in Zagreb of €16.35 per m² and month, drawn from 235 active rental listings. At 141 m² that works out to roughly €2,305 per month and €27,661 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 renovation-ready apartment is for sale in Pantovčak, one of Zagreb’s most sought-after locations. The property consists of six rooms, two kitchens, three bathrooms, four balconies, a spacious terrace, and a storage room. The apartment spans three levels – ground floor, first floor, and attic. Renovation work has already begun, including reinforcement of openings, removal of joinery, flooring, wall coverings, and plaster. Some installation work has also been carried out, such as a new vertical shaft, plumbing for kitchens and bathrooms, as well as electrical, hydro, and thermal insulation. Given the ongoing renovation and the potential to purchase other parts of the building, this property represents an excellent investment opportunity. For more information or to schedule a viewing, feel free to contact us. In case of a successful mediation, the buyer is obliged to pay the agency commission. Contact for this property: Filip, +385 91 288 0089 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15397 Filip Dobranić Mob: +385 91 288 0089 Tel: +385 91 2880 080 E-mail: filip@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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