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Triglav in Medvode

  • Premises with tenants
  • Medvode, Osrednjeslovenska, Slovenia

Net size

114m2

Build

2015

Tenants

1

Property details

It’s a business space (with a separate street entrance) in an existing shopping and business centre.

Customers can park in a big parking lot right in front of the building.

Desired and sought-after location that is appropriate for different types of tenants.

Tenants

Triglav Group

Triglav Group and is one of the leading financial companies in Slovenia. Triglav insurance company offers a wide range of life insurance and pension insurance. The company also operates in Croatia, Bosnia and Herzegovina, Montenegro and Serbia.

In addition to the insurance and reinsurance companies, the Triglav Group also deals with investment funds, asset management and banking.

Tenant area
114m2
Credit estimate
High
Rental contract
-
Possibility of refusal
Without the possibility of refusal
Investment prediction

- The main tenant of the shopping center is Spar - a major retailer, which guarantees a constant flow of customers.
- The premises for sale are located in Medvode. In 15 minutes by car or bus is Ljubljana - the capital and largest city in Slovenia.
- Is a new facility, which means it has minimal depreciation. On average, during the first 10 years of operation of the object there is no need to renovate and repair.
- All utility bills are paid by the tenant.

Financing calculation
Cost of the object
299.000€
Rental flow / year
17.787€
Rental flow / month
1.482,25€
ROI without financing
5,95%
Payback period / years
16,81
Effective ROI with financing
8,90%

Credit options

Financing
50%
Loan amount
149.500€
Own founds
149.500€
Interest rate
3%
Period of financing / years
12
Period of financing / months
144
Monthly loan body
1.038,19
Annual loan body
12.458,33

When using bank financing, the payback will be 5,95% per annum on invested own funds in the amount of 149.500€ and 2,95% on bank funds in the amount of 149.500€.

Total payback when using bank financing will be 8,90%.

For the crediting period 16,81 years taking into account the repayment of the loan body and %, the profit will be 35.238,08€ through the period of 16,81 years the property will remain in full ownership of the investor with price of 299.000€.

Total upon investment of own funds in the amount of 149.500€ we get profit over the loan term in the amount of 184.738,08€ (rental income after all payments on loan obligations) 35.238,08€ plus the value of the property, minus investment amount 149.500€.

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CALCULATION OF PAYMENTS ON THE LOAN at an annuity (the percentage is included in the monthly payment)

Monthly payment
The % of the sum is: 199,35€
1.237,54€
Account balance after payment
244,71€
Total annual payment
The % of the sum is: 2.392,16€
14.850,49€
Annual account balance after payment
2.936,51€
Total body% of the loan for the entire loan term
1.237,54€
One-time Expenses

By one-time expenses we mean single, occurring once expenses that you might require during at least the first year. This may be the cost of registration of your company (d.o.o.), agency fees, etc.

Agency fee
The price includes the full management of the transaction, the organization of inspections, bargaining, negotiation of contracts. Payment is taken after having the documents filed for the registration of property rights and the receipt and transfer.
3% + VAT
Property tax
Payment is taken in the case of buying commercial real estate with a tenant or residential real estate in the secondary market.
2% + VAT
State fee for writing property rights
Payment is taken depending on the price of real estate, usually does not exceed 1000 EUR.
Translation of documents
Basic translation/specialized/judicial
15€ / 30€ / 50€
Interpretive services
75€ / hour
Opening a company, getting a TIN
1.500€
Regular Expenses

By regular expenses we mean expenses that are periodically repeated from month to month, in general, these are expenses for taxes, accounting services and bank account maintenance.

 
per Month
per Year
Accounting services
100€
1.200€
Bank account
20€
240€
 
120€
1.440€
TAX 19%
Simplified tax system - 19% of the company's turnover (the entire balance of the company account is net profit)
 
3.105,93€
Total income without TAX
 
14.681,07€
Location

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