Apartment building with commercial space in the center of Karlovy Vary, Czech Republic

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Apartment building with commercial space in the center of Karlovy Vary, Czech Republic

4,000,000 €
6,060 € /m²
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  • Total area
    660 m²
Details
Property parameters
  • Total apartments: 6
  • 5-floor building

Fully renovated five-story apartment building in the resort center of Karlovy Vary.

Description

The apartment building includes 6 apartments with a total area of 440 m² and a commercial space on the ground floor.

Apartments are fully renovated and equipped with furniture and appliances.

The basement is connected to the commercial space on the ground floor.

The building is in excellent condition and is a state-protected architectural monument.

Tenants

All apartments are leased.

Commercial space is leased to the shop.

Location

The property is located next to the mineral springs, which guarantees year-round clients due to renting out apartments for tourist. All the necessary infrastructure is available: shops, restaurants, schools, public transport stops, etc.

Karlovy Vary is a resort town in the Czech Republic with a population of about 50 thousand people.

The healing properties of Karlovy Vary mineral springs have been known for several centuries and make the resort popular in all the world.

There is the international airport of Karlovy Vary in 4.5 km from the city.

There are two railway stations in the city: Gorni Nadrazhi (Upper Station) and Dolni Nadraji (Lower Station).

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in the Czech Republic.

You can see more apartment buildings for sale in Karlovy Vary elsewhere on our website.

Statistics in Karlovy Vary

Price per m², €
1,269
Real estate Price, €
Apartment in the city centre, m² 1,268.93
Apartment in a bedroom community, m² 950.07
Transport Price, €
Public transport, 1 ride 0.78
Monthly travel card 15.62
Taxi, 1 km 0.98
Petrol, 1 l 1.22
Food Price, €
Water, 1.5 l 0.5
Milk, 1 l 0.73
White bread, 500 g 0.78
Eggs, a dozen 1.56
Chicken fillet, 1 kg 5.47
Education Price, €
Kindergarten, per month 195.22
International school, per year 5,856.62

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
Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Karlovy Vary
    +44 17 4822 0039
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      • Bank financing from 2.5% annually
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