Development project in Prague 6.

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Price: €8.000.000 City: Prague Country: Czech Republic

Full Description:

Project for the construction of 6 low-rise buildings with a building permit. The total living area of ​​the apartments is 10 655 sq.m. (a total of 137 apartments). The area of commercial premises is 559 sq.m. Terraces - 2 721 sq.m. Balconies - 560 sq.m. 156 parking spaces. 152 basements.
Prague 6 is the largest administrative district in Prague. Prague 6 is considered one of the most prestigious areas of the Czech capital. It is located in the north-western part of the city and captures its central part. In Prague 6 there are mansions of the richest people in the Czech Republic, embassies of different countries, the best schools and higher education institutions, many ancient buildings. In the territory of Prague 6 there are such microdistricts as Ruzyne, Dejvice, Liboc, Veleslavín and other territories where about 137 000 people live. The area of ​​the district is 60 square kilometers, it borders on the districts of Prague 1 and Prague 2. There are several metro stations in the district: Borislavka, Nadrazi Veleslavín, Petriny, Dejvicka, Nemocnice Motol, but most of the districts of Prague 6 can be reached only by tram or bus.
The cost of the project is 200 000 000 CZK (8 000 000 EUR) + commission - 3%. The cost of construction - 270 000 000 CZK (10 639 000 euros). The total cost is CZK 470,000,000 (approximately EUR 18,520,000). The cost of selling finished property is 90 000 CZK (3 546 EUR) per 1 sq.m. (including basement and garage) = 958,950,000 CZK (37,786,000 euros). Total - income: 488,950,000 kroons (19,266,000 euros) - ROI of 100%. The documents are ready for the deal. Additional information is available upon request.
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Square Size: 10.655Status: Active

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