Investment Property in Prague

Buying property in Prague your in the right place we have a selection of Czech investment property for sale in Prague.

 

Avenium Residence Prague  Coming Soon!

Prices from £88,743

Avenium Residence is an excellent investment opportunity in the fastest growing area of Prague 7 – Holešovice. The Prague property market is growing rapidly and Prague 7 is likely to see some of the highest growth rates in the city over the next couple of years. A huge regeneration effort is turning this area into a new business district; it is also located right next to the city centre and a wide range of local amenities, such as the luxury Prague Marina on the Vltava River water front.

Avenium Residence is an excellent investment opportunity in the fastest growing area of Prague 7 – Holešovice. The Prague property market is growing rapidly and Prague 7 is likely to see some of the highest growth rates in the city over the next couple of years. A huge regeneration effort is turning this area into a new business district; it is also located right next to the city centre and a wide range of local amenities, such as the luxury Prague Marina on the Vltava River water front.

The Avenium Residence development is located on the left bank of the Vltava River, next to Libeňský Most Bridge, only a five-minute drive from the established business district of Karlin.

A key feature of this development is that it is situated right next to one of the biggest residential and commercial developments in Prague; the J&T Tower City development, which will offer 95,000 square metres of floor space on 40 storeys.

 

 

The Lighthouse Tower office block, which was completed in 2004, is also located two blocks away from Avenium Residence.

As a result, this relatively small, 125-unit development will no doubt attract well-paid professionals, such as mid-level managers and foreigners looking to live in a fast-growing business and commercial area.

Not only that, the two biggest shopping malls in Prague, The Shopping Centre Letňany and Centrum Černý Most, both located in Prague 9, are only a few minutes’ drive away.

Apart from the park on Ortenovo Square, a few blocks to the north-west that boasts a children’s playground, one of biggest parks in Prague, Stromovka, is only a few minutes from Avenium Residence.

 

Holešovice can be compared to Shoreditch in London, although it is actually much closer to the city centre at just 2.5 kilometres. Like Shoreditch, Holešovice is fast becoming not only the new business district of Prague but also the funky place for Prague’s young and hip.

Terms

15/85 payment terms

20% capital growth predicted

30 units are reserved for investors- the local market does not have access to these cherry picked units.

The entire development is relatively small, consisting of just 125 apartments.

Full support given to investors

Finance 

100% finance is available in The Czech Republic. However, this is not particularly common at present so we prefer to use 90%, which is more typical. 90% loan to value mortgages at 4.25% over 30 years available, refinance now available.

Investment- property-Prague-Avenium

 

Prices

Studio apartments  *GBP 88,743.27

1 Bed Apartments   *GBP 112,952

                     

*subject to foreign currency fluctuations

 

Make an Enquiry Here

• One Bed Apartments>

• Studio apartments

 

#ONE palmovka investment property Prague

Situated in one of the city's most up-coming city neighbourhoods #ONE blends residential living with retail convenience to create a unique lifestyle concept.

 

 

Investment property in Prague Czech Republic

With over 277 flats to choose from; ranging in size from 28 sq. meters to 145 sq. meters, this is an ideal place for both Czech professionals and young families who want easy access to the centre without all of the hustle and bustle of a city centre.

For events and information on Prague Czech Republic go to PragueHotel-Link.cz

Investment property an overview for buy to let investors.

• A Maximum 25% of the units (70) will be sold for buy to let purposes to avoid rental saturation.
• Units starting from 1.7m CZK (cca EURO 61K/ 43K GBP).
• Leverage of 90% for non resident buyers, meaning equity requirements as little as 170K CZK (cca EUR6k/ 4K GBP). Expected growth of 15-20 % in prices over build cycle. Discounts of up to 5% depending on number of units purchased.
• Gross rental yields of 5.2%- 7.4% depending on unit size.
• Interest only mortgages and bridging loans for exchange deposits  (i.e. no cash down) available

 

            Desirable residential investment property in Prague Czech Republic    

 

More information

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