Yelds and Growth
Zagreb Airport is expanding due to strong local demand and the massive growth of international air travel. Zagreb Airport long stay parking is an excellent commercial property investment and a fantastic way to diversify your investment portfolio. The expected returns are truly exceptional:
Year 1 and 2
During the first 2 years of operations a rental return of EUR 1,750 per year is guaranteed. This is in part due to the “run in time” needed to ensure that the facility has an average occupancy rate of 80%, giving the management time and space.
Year 3 and 4
It is anticipated that in 2026-2027, a net return of EUR 2,000 can be achieved. This figure has been determined as such (December 2023):
The average stay is anticipated to be 5 days.
Competitors charge
Airport (outdoor): EUR 390 per month (new prices 2023) – link to Zagreb Airport Parking tariffs
3rd party (indoor): EUR 273 per month – link to Privately Owned Competitors
3rd party (outdoor): EUR 188 per month
PFZ anticipates charging EUR 247.50 per month in 2026. Assuming costs are EUR 50 per month, this generates a rental income of EUR 2,430 per year. It is anticipated that EUR 150 is put aside for maintenance and EUR 280 for the service charge. If these numbers are achieved in 2026-2027 and Zagreb Airport continues expanding as per forecasts, PFZ would anticipate increasing the prices by 20% in 2028 (year 5).
| Rental Income | Maintenance Fee | Service Charge | Net Rental Return | Yield | |
|---|---|---|---|---|---|
| Year 1 | €1,750 | 7.0% | |||
| Year 2 | €1,750 | 7.0% | |||
| Year 3 (projected) | €2,430 | €150 | €280 | €2,000 | 8.0% |
| Year 4 (projected) | €2,430 | €150 | €280 | €2,000 | 8.0% |
| Year 5 (projected) | €2,930 | €150 | €280 | €2,500 | 10% |
| Year 6 (projected) | €2,930 | €150 | €280 | €2,500 | 10% |