This apartment building, which has been completely reconstructed (in 2021) with 13 residential units, 8 garages, and the potential to further expand the leasable area stands on a quiet side street near a forest park in Prague 5 on the border of Smíchov and Radlice, a few minutes by tram from a metro station and the Smichov center of Anděl, with excellent access to the airport and the Southern Connecting Road.
Key investment criteria
• completely reconstructed building, approved in January 2021
• current leasable area of about 620 sq. m.
• potential for further expansion by approx. 770 sq. m. of living space and 8 parking spaces
• small apartments with parking
• all units long-term rented, fixed-term contracts
• current monthly income of CZK 389,270
• the possibility of taking over an existing loan with a favorable interest rate of 3.5% fixed for a period of 5 years
• convenient location near the city center
• sale in the form of a transfer of 100% stake in a company
• a brick building from 1948, completely renovated in 2021
• no basement, four-story building with a flat roof
• top floor receding with a terrace
• 13 units, of which 10 units are in the renovated part of the building, 3 units in the new extension
• ground floor-2nd floor: 4 residential units on each floor (1x 2-bedroom, 2x 1-bedroom, 1x studio), on the 3rd floor a 1-bedroom unit with a large terrace;
• 8 newly built garage parking spaces
• electric underfloor heating (gas at the boundary of the plot)
• project and permit from ČEZ for a photovoltaic power plant
• the building has an ingenious drainage system that prevents water from penetrating the building (verified by torrential rains)
The building is part of a traditional residential area at the foot of wooded Brabenec Hill. There is a tram stop 100 meters away, while the Radlická metro station is a 3-minute drive away, and the Anděl metro station 7 minutes away. Nearby, there are grocery stores, restaurants, a kindergarten and elementary school, a sports center, a swimming pool, or tennis courts. Within walking distance is the Ctirad natural monument and beyond that the Prokopské and Dalejské údolí Nature Park.
Usable area 794 m2, leasable living area 621.93 m2, garage 80 m2, terraces 317.62 m2, balconies 21.23 m2, built-up area 248 m2, land 988 m2.
||€ 4 848 485 / CZK 120 000 000
||8 garage parking spaces
|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.