Student dormitory, Prague, Czech Republic

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Student dormitory, Prague, Czech Republic

4,277,000 €
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  • Yield
    6.3%
Details
Property parameters
  • 5-floor building
Financial performance
  • Annual income: 269,440 €
Transaction costs
  • Broker: 3.0%

A dormitory for students with a coffee house on the ground floor near the center of Prague.

Description

The building consists of five floors.

There is an office space and a commercial premises on the ground floor.

There are two apartments on each floor from second to fifth.

In total there are 75 beds in the dormitory.

Financial performance

The price of the property is 110,000,000 CZK.

Absolute annual income is 6,922,800 CZK.

The current yield of 6.3%.

Tenants

The tenant of the retail space is a coffee house.

Transaction costs

The brokerage fee is 4%.

Location and nearby infrastructure

The property is located in a 20-minute drive from the city center. Public transport stops can be reached on foot in 3 minutes. A park, a university, a sports arena, restaurants, bars and a main railway are located not far from the building.

More properties

If this ad doesn't suit you, have a look at the other student accommodation for sale in Prague.

All ads in the country: student accommodation for sale in the Czech Republic.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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