Hostel in Prague, Czech Republic

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Hostel in Prague, Czech Republic

2,079,000 €
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Yield: 2.3%
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Features
  • Operating Incomе: 47,825 €
  • 3-floor building
  • Broker: 4.0%
  • Total rooms: 9

Hostel for tourists with an office on the ground floor.

Description

The hostel room capacity: 9 rooms (36 beds).

The building consists of a basement, an underground floor and three upper floors. 

There is an office on the ground floor of the building.

There is three rooms on each of above floor, one room with two beds, two rooms each with 5 beds.

All premises are rented.

Financial performance

The price of the property is 53.402.500 CZK.

Absolute annual income is 1,220,000 CZK.

The current yield of 2.3%. 

Projected annual income is 3,204,150 CZK.

The projected yield of 6.0%. 

Transaction costs

The brokerage fee is 4%.

Location

The hostel is located near the main street of the city. The shops, cafes and restaurants, a shopping center, a museum and a cinema are situated in a walking distance from the building. The Old Town square can be reached on foot in 4 minutes.

Statistics in Prague

Price per m², €
4,761
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Real estate Price, €
Apartment in the city centre, m² 4,761.0
Apartment in a bedroom community, m² 3,102.34
Transport Price, €
Public transport, 1 ride 0.93
Monthly travel card 21.34
Taxi, 1 km 1.01
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.5
Milk, 1 l 0.71
White bread, 500 g 0.9
Eggs, a dozen 1.83
Chicken fillet, 1 kg 5.67
Education Price, €
Kindergarten, per month 412.53
International school, per year 10,086.51
Health care index
Staff competence 78.22
Medical equipment 80.99
Research accuracy and completeness 71.02
Attitude towards patients 56.47
Security index
Crime rate 18.38
The risk of being robbed 18.59
The risk of car theft 40.11
The risk of break-in and property damage 38.64

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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