Immobalko

Zagreb · Zagreb · Croatia

Zagreb, Svacic Square, 135 m2 apartment for renovation

For sale · Apartment · Reference IB-18448

€510,000

Key facts

Price
€510,000
Price per m²
€3,778/m²
Living area
135 m²
Rooms
4
Bedrooms
4
Bathrooms
1
Floor
1
Distance to airport
11 km
2% below the regional average (Region average: €3,851/m²)Online for 0 days

Investment overview

Estimated gross yield

5.2%

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 four-bedroom apartment for renovation is for sale at Svacic Square. The apartment consists of four spacious rooms/salons, a kitchen, a bathroom, a guest toilet, a balcony and two smaller storage rooms. The apartment also includes a storage space of approx. 30 m2 in the basement of the building. The apartment is located on the first floor of an impressive building situated in one of the most sought-after locations in the city. This property represents an excellent opportunity for anyone looking to renovate and customize the apartment entirely according to their own preferences. In addition, a conceptual design has already been prepared for the conversion into two two-bedroom apartments, further increasing the investment potential of this property. For any additional information or to arrange a viewing, please feel free to contact us. In the event of a successful transaction through our agency, a brokerage commission will be charged. Contact person 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: 15922 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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