- 27,285,000 €
- 4.7% yield
- Prague 1 Apartment building 2,200,000 €
- Basic parameters
- Photo
№ 1,829,033
Apartment building 400 m² in Prague 1
2,200,000 €
5,500 € /m²
- Apartments —
- Yield —
- Constructed —
- Price per key —
Key project parameters
- Total area
- 400 m²
- Floors
- 5
Project description
Description
The building is a monument of architecture, there are ancient elements that can be restored to preserve the historical appearance of the building.
There is a small store on the ground floor (with an income of 1,500 €).
Complete renovation is required.
Tenants
- Agreement
- n/a
Location and nearby infrastructure
The property is located in the historic city center, in the Prague 1 district, close to Prague Castle.
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. The historical center of Prague is listed as a UNESCO World Heritage Site.
From the branches of industry in Prague machine building (machine-tool building, transport, electrical engineering), chemical, textile, clothing, printing, food industry are developed.
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Prague 1.
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Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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