Investment Highlights | Welcome to Park & Fly Zagreb

Purpose-built, long stay, secure airport-car-parking in close proximity to Zagreb International Airport

Park & Fly Zagreb offers investors the opportunity to purchase individual or multiple parking spaces within a purpose-built, long-term parking lot at Zagreb Airport. These spaces can be used for personal use or included in a general commercial management agreement, providing a guaranteed 7 % rental income for the first 2 years.

Park and Fly has a unique selling point as the first to introduce affordable investment opportunities in airport-car-parking in Eastern and Central Europe.

Car parking spaces, which will serve Zagreb Airport, are now been released for sale

The Park & Fly product represents a robust commercial property investment, accompanied by the advantage of having its own registered title at the Land Registry. Investors have the option to enter a management agreement, guaranteeing a rental income of 7 % for the first two years.

Upon completion, each investor will receive their own personal title deed.

Purchasing multiple parking spaces

Although our parking spaces can be purchased from only EUR 25,000 per space, many clients will typically purchase multiple parking spaces. Multiple parking spaces can be purchased using one land registry title deed. This saves on completion costs on larger property portfolios.

Management agreement in place upon completion which gives excellent returns

The investor can opt-in to a 2-year management agreement of the car parking space(s) upon completion. This guarantees rental income for the first two years at 7 % net annually. Projected returns rise to 8 % in years 3 & 4 and then to over 10 % in years 5 & 6.

Can I sell at any time?

All parking spaces are purchased as a private commercial property investment. Investors are free to sell, let or manage their own spaces at any time using any agent they choose.

Park & Fly are happy to be able to offer this exit route to our investors. We believe most investors are driven to keep the property investment they have purchased and carry on receiving the rental yield produced for years to come. This means that only a very limited number of parking spaces per site will ever come onto the resale market, thus creating a high resale value and demand for the future.

Airports are set to create the fastest growing demand for parking throughout the EU

Zagreb Airport is expanding rapidly and will require almost 10,000 long stay parking spaces by 2025 (the airport owns only 800 long stay spaces in 2023).

Park & Fly is proud and excited to be in the unique position to release the first genuine, gilt-edged, low-entry-level airport parking investment available anywhere in the world. Available for a limited period only.

What about security?

All of our car parks have excellent security alarm systems and the latest CCTV. Your parking space can be accessed 7 days a week. All car parks have secure access entry and exit systems and are manned throughout the day.

What are the main risks involved with this investment?

There are certain risks involved in all types of commercial real estate investments, including airport parking, that investors should understand prior to engaging in a purchase. Please ensure you also read the “risk” section in the menu above.

The following is by no means exhaustive and further risks exist:

Demand:
The demand for airport parking is highly correlated with the number of passengers using the airport. Zagreb Airport have announced long term plans to expand its passenger capacity from its current level of 3.8 million towards 8 million. If Zagreb Airport should fail to expand, or if use should decrease, the future demand for parking will be negatively effected.

Supply:
The services of Park & Fly Zagreb are in direct competition with Zagreb Airport. As the airport expands, it must be expected that they will provide more parking spaces. Further, PFZ faces direct competition from other independent parking operators. If the supply of parking spaces is higher than demand, it must be expected that the prices charged will be effected.

Pricing/Costs:
As much care and caution as possible has been applied to forecast pricing and costs, however it is difficult to predict the future with any degree of certainty. Income and costs might significantly differ from our expectations, severely impacting the anticipated net income / profit.

Economies of Scale:
Our experience shows that independent parking facilities must be of a certain size to be profitable as the fixed costs are relatively high in comparison to the income. If the utilization rate is too low, the facility will not generate a profit.