Description:
The favorable investment proposal for the acquisition of the apartment building, which is located close to the center of Prague.
Interior:
The house has 7 floors with 18 residential apartments and commercial premises (34 m²) with a total area of 1.118 m².
Features:
The technical condition of the house is satisfactory. In the yard (area 330 square meters) of the house is 5 garages and additional 3 outdoor parking spaces.
The house now is economically profitable and generates annual revenue of 74.000 euros.
Return on investment: 20 years
Annual income: 120,000 EUR (after renovation)
Total investment: 2,370,000 EUR