House

Prague 5, Smíchov, Pod Kesnerkou

Key investment criteria

• the current rentable area of the house is 430 m2
• prepared study and documentation for zoning management for the construction of a villa with a rentable area of 781 m2 (9 residential units), with terraces of 324 m2 and front gardens of 495 m2
• current annual rental income of EUR 70,800
• parking: now 6 spaces in the car lift, planned 10 garage spaces + 3 outdoor parking spaces
• possibility of taking over a loan with an interest rate of 2.9% p.a. in EUR fixed for the next 4 years
• possible use of existing utility network connections during construction
• pleasant place in a quiet area
• sale of company (share deal)
  
  

Description of the property

• house in good condition, continuously renovated
• currently consists of 8 residential units: 6 x 1-bedroom, 1 x studio, 1 x 2-bedroom
• valid demolition estimate
• plot of land 982 m2
• garden 738 m2
• built-up area 244 m2

Location

A nice place in a residential area with lots of greenery and at the same time within quick driving distance of all services. There is a bus stop right next to the house, from where you can get to the metro station and the Na Knížecí bus terminal. The Braunova tram stop and the Smíchovské nádraží or Radlická metro stations are also nearby, and when traveling by car, the advantage is the easy connection to the ring road. Kindergarten and elementary school, grocery store, restaurant, swimming pool or tennis courts are a few minutes' walk away. Within walking distnace is also the Prokop Valley.