An investment opportunity to purchase a portfolio of 5 fully equipped apartments that are currently offered as short-term rentals. 4 out of 5 units are located in a building in Prague 3 - Žizkov situated near the Riegrovy and Mahlerovy Gardens or Jiřího z Poděbrad Square. The fifth unit is located in a building on Charles Square in a highly attractive area.
The offer includes 4 residential units with 1-bedroom layouts, located on the 1st, 2nd, and 3rd floor of a renovated and maintained apartment building with an elevator in Prague 3 - Žižkov. The layout of all 4 apartments consists of 2 lockable bedrooms (entrances to both bedrooms are via a code) with private bathrooms, a foyer, a hall, and a shared kitchen with a window facing the courtyard. The apartments were renovated in 2018 (electricity, new kitchen, remodeled bathrooms) and are offered fully furnished. There are wooden floors and casement windows. Heating is by a Junkers gas boiler.
The portfolio also includes the unit of 158 square meters that is internally divided into 3 separate lockable apartments with private bathrooms and fully equipped kitchens. The apartment is located on the 1st floor of a reconstructed and maintained corner building with an elevator on Charles Square, in a highly attractive area—a 5-minute walk from the Dancing House and the Naplavka Embankment, a 10-minute walk from Wenceslas Square or the National Theater, and 2 minutes from Charles Square.
All units are in very good condition, and the purchase price includes all of the equipment and furniture. Thanks to a combination of listings for individual units as well as entire apartments, the portfolio's annual gross yield is CZK 5 million, which is projected to grow. The net profit (equity financing) ranges between CZK 3.1-3.4 million/year. Contact our office for more information.
Useable area of units in the building in Žižkov (72.9 m2, 73.3 m2, 73 m2, and 73.4), the interior of the apartment on Charles Square 158.7 m2.
In addition to regular property viewings, we also offer real time video viewings via WhatsApp, FaceTime, Messenger, Skype, and other apps.
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||€ 1 968 590 / CZK 53 900 000
|Building Energy Rating
The data presented in this listing is purely informative in nature and does not constitute an offer in the sense of § 1731 or § 1732 of the Civil Code, nor is it a public promise pursuant to § 1733 of the Civil Code. The offer also does not give rise to anyone’s entitlement to a contract. SVOBODA & WILLIAMS s.r.o. only mediates the information gained in good faith from the owner of the property and therefore bears no responsibility for its accuracy or completeness, nor is it authorized to conclude any type of sales contract pertaining to the property on behalf of the owner.