Student dormitory, Prague, Czech Republic

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Student dormitory, Prague, Czech Republic

4,277,000 €
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Yield: 6.3%
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Features
  • Operating Incomе: 269,440 €
  • 5-floor building
  • Broker: 3.0%

A dormitory for students with a coffee house on the ground floor near the center of Prague.

Description

The building consists of five floors.

There is an office space and a commercial premises on the ground floor.

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

In total there are 75 beds in the dormitory.

Financial performance

The price of the property is 110,000,000 CZK.

Absolute annual income is 6,922,800 CZK.

The current yield of 6.3%. 

Tenants

The tenant of the retail space is a coffee house.

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 university, a sports arena, restaurants, bars and a main railway are located not far from the building.

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Enquire about this student dormitory (building)
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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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