Hotel in Prague, Czech Republic

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Hotel in Prague, Czech Republic

38,000,000 €
5,846 € /m²
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  • Total area
    6,500 m²
  • Yield
    5.0 %
Details
Property parameters
  • Total rooms: 160
  • 7-floor building
Tenants
  • Fully let
Features
  • Balcony or terrace
  • Car parks

Hotel in Prague 5.

Description

The hotel is situated in a 7-story building with a total area of 6,500 m².

Hotel room capacity: 160+ rooms.

Equipment

  • lobby
  • conference room
  • terrace
  • restaurant
  • lift
  • parking

Financial performance

The yield is 5%.

Location

The property is located in Prague 5, in the southwestern part of the capital. This area is very diverse in terms of architecture and infrastructure. Smikhov is considered the most prestigious part of it – it is adjacent to the historical center. There are many shops, entertainment and sports centers, restaurants, night clubs, offices and parks.

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.

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

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