Student dormitory, Prague, Czech Republic

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Student dormitory, Prague, Czech Republic

2,333,000 €
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Yield: 4.4%
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Features
  • Operating Incomе: 102,650 €
  • 5-floor building
  • Occupancy: 100%
  • Broker: 4.0%

A dormitory for students with an office on the ground floor near the center of Prague.

Description

The building consists of five floors.

There is an office space and an apartment on the ground floor.

There are two apartments on the each floor from second to fifth floors.

All apartments have three rooms, two of them with two bedrooms (double rooms) and one room with one bedroom (single room).

In total there is nine apartments and 45 beds in the dormitory.

Financial performance

The price of the property is 59,915,000 CZK.

Absolute annual income is 2,635,600 CZK.

The current yield of 4.4%. 

Projected annual income is 2,995,750 CZK.

The projected yield of 5.0%. 

Transaction costs

The brokerage fee is 4%.

Location and nearby objects

The property is located in a 20-minute drive from the city center. Public transport stops can be reached on foot in 3 minutes. A park, a sports arena, restaurants, bars and a metro station are located not far from the building.

More properties

If this property wasn’t for you, take a look at other student accommodation (building) for sale in the Czech Republic.

You can see more student accommodation (building) for sale in Prague elsewhere on our website.

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Enquire about this student dormitory (building)
Olga Starintseva
Real Estate Expert Tranio in Prague
+44 17 4822 0039
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services