Office building in the center of Prague, Czech Republic

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Office building in the center of Prague, Czech Republic

5,300,000 €
5,888 € /m²
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  • Total area
    900 m²
  • Yield
    3.0%
Details
Property parameters
  • 6-floor building
Financial performance
  • Annual income: 158,000 €
Tenants
  • Fully let

Office building in the center of Prague.

Description

Six-story building with a total area of 900 m² after complete renovation.

Deal structure: Asset deal.

Equipment

  • lift
  • air conditioning
  • video monitoring
  • alarm system

Financial performance

The annual income is 158,000 €.

The yield is 3%.

Tenants

The property is fully let.

Location

The building is located in Prague 1, within walking distance from Wenceslas Square.

Prague 1 is the central district of the city, which is incredibly popular among tourists. A great number of monuments is in this district, some of them are under the protection of UNESCO. There are many shops, including prestigious brands, as well as dozens of cafes, restaurants and entertainment venues located in the area.

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.

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