palace
The apartment is located in a premium residential complex in a historic building
capitalisation
The cost of apartments will rise by at least 3% per year
yield
The yield after all expenses and taxes could be up to 10% per annum
location
The very centre of the city is the district of Prague 1, Nove Mesto. In walking distance to all the main sights of Prague
premium-apartment
IN THE heart of Prague
Modern furnished flat
Stylish 2+kk apartment (1 bedroom + living room with kitchen) located on the 4th floor of the historic residence in the heart of Prague, just steps from Masaryk Railway Station. The building was fully renovated in 2020, blending preserved historical charm with modern technology.
Configuration: north-facing living room with kitchenette, bedroom, bathroom with shower and toilet, entrance hall + basement of 2.2 sqm. Quality wooden parquet floors, French windows, custom-made kitchen furniture with stone worktop and built-in wine shelf, sanitary ware from Laufen and Villeroy & Boch.
In the Residential Complex: reception, fitness room, sauna, designer lift, garden and shared roof terrace with panoramic city views.
project ADVANTAGES
LOCATION
Top location - the tourist city centre. The flat will be in demand on booking services
reliability
Modern flat with fresh renovation and premium furniture
LIQUIDABLE
The cost will increase by 4-5% per year. You will be able to sell your apartment fast at a profitable price.
PRICE
Initially favourable deal. For a premium property in Prague 1, the average price is €800,000.
year of modernisation
sq.m. flat area
min. annual cost increase
average rental yield
how much will you earn?
Projected economics of the facility
Price
Additional purchase costs
Net Rental Income per Year
Net Rental Income for 5 years
5-year object value growth
Yield on sale after 5 years
Price
Additional purchase costs
Net Rental Income per Year
Net Rental Income for 5 years
5-year object value growth
Yield on sale after 5 years
FAQ
Frequently Asked Questions
1. What additional expenses will I have with the purchase of an apartment? + _
Only comission of agency.
2. Can I buy an apartment for my own residence? + _
Yes, of course. You can buy and live there if you want
3. Is the yield stated after taxes? + _
Yes, the yield is after all expenses and taxes.
4. Is furniture included in the price of the apartment? + _
Yes, apartment is fully furnitured.
5. How will the apartment be rented out? Short-term or long-term? + _
As the apartment is located in the city centre, it would be best to rent it out to tourists on a short-term basis.
6. Will apartments definitely increase in price by 3%? + _
This is a minimal estimate. On average, housing in Prague increases in value by 6-10% per year (depending on the area).
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