Development project - Prague 6.

  • € 2 003 000
  • Commercial For Sale
  • Total square 790 sq m

Description

The development project is the construction of a residential house with a basement and a parking lot. Costs: land plot + project with building permit - 24 000 000 CZK (925 000 euros) + commission 2.5% of the cost; building materials - about 26 000 000 CZK (1 000 000 EUR); engineering, legal services, implementation costs, marketing. Total: 52,101,000 CZK (2,003,000 euros).
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 project cost is 2 003 000 euros (52 101 000 CZK). After the construction of the house it is possible to sell it at a price of 3,270 per sq.m. 790 sq.m. (including basement and car park) x 3 270 euro = 2 583 300 euros (67 165 800 CZK). Income: 2 583 300 euros - 2 003 000 euros = 580 300 euros or 15 087 800 CZK. ROI: 28.9%. The documents are ready for the deal. Additional information is available upon request.

Details

  • Listing status: Active
  • Available from: Mar 12, 2018
  • Listing #: 927404

Keywords:

Map

Address:
Latitude / Longitude: 50.088040 / 14.420760

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  • Name: Dmitry
  • Company name: Nord Investment
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