Hotel for own management, Prague, Czech Republic

Additional information is provided after the signing of an NDA

Hotel for own management, Prague, Czech Republic

4,830,000 €
1,932 € /m²
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  • Total area
    2,500 m²
  • Yield
    9.3 %
  • Rental rate (m²/month)
    15 €
Details
Property parameters
  • Land area: 554 m²
  • Total rooms: 53
  • 6-floor building
Financial performance
  • Annual income: 450,612 €
Transaction costs
  • Broker: 3.0 %
Features
  • Swimming pool

Hotel in a quiet area of Prague.

Description

The hotel includes:

  • 53 rooms with 130 beds
  • breakfast room for 100 seats
  • sauna
  • swimming pool

Partial refurbishment of the building: new windows, new heating boilers, new interior of the rooms.

Deal type: Share Deal.

Location

The property is located in the Prague 4 area which is considered one of the greenest and environmentally friendly areas of the city due to several forest parks.

The hotel is located next to a tram stop from where you can quickly get to the Wenceslas Square.

Prague is the capital of the Czech Republic with the population of more than 1.28 million people.

The city is the main political, economic and cultural center of the Czech Republic and a major tourist center of Europe. The historical center of Prague is listed as a UNESCO World Heritage Site. The number of tourists in Prague in 2017 exceeded 10 million people.

From the branches of industry in Prague machine building (machine-tool building, transport, electrical engineering), chemical, textile, clothing, printing, food industry are developed.

During year 2018 about 7,650,000 tourists visited Prague –stable y/y

growth approximately by 7% a year.

  • 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 hotels for sale in the Czech Republic.

You can see more hotels for sale in Prague 4 elsewhere on our website.

Statistics in Prague

Price per m², €
4,862
Healthcare efficiency level
73
Index 73 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.

Safely rate
75
Index 75 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,862.1
Apartment in a bedroom community, m² 3,175.93
Transport Price, €
Public transport, 1 ride 0.94
Monthly travel card 21.47
Taxi, 1 km 1.09
Petrol, 1 l 1.27
Food Price, €
Water, 1.5 l 0.53
Milk, 1 l 0.74
White bread, 500 g 0.92
Eggs, a dozen 1.81
Chicken fillet, 1 kg 5.89
Education Price, €
Kindergarten, per month 420.37
International school, per year 9,186.71
Health care index
Staff competence 78.04
Medical equipment 80.6
Research accuracy and completeness 70.69
Attitude towards patients 57.18
Security index
Crime rate 17.9
The risk of being robbed 18.34
The risk of car theft 39.29
The risk of break-in and property damage 38.1

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 in Prague 4
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