Multifunctional building after complete reconstruction
Praha| Price | CZK 290 000 000 |
|---|---|
| Commission | 2,0 % |
| Location | Praha 8 |
Income-Generating Apartment Building
for Sale in Prague 8 – Karlín
We are offering a fully renovated mixed-use investment property in a prime location in Prague 8 – Karlín, close to Karlín Square and the Rohanské Embankment. With a net lettable area of 2,442 m², the property represents an attractive investment opportunity offering stable rental income and potential for long-term capital appreciation.
The building is situated in a well-connected part of Karlín, a sought-after Prague neighbourhood combining residential properties, modern business centres and a wide range of shops, restaurants, cafés and services. A tram stop is located directly in front of the building, with a Metro Line B station nearby.
The property has undergone a complete renovation and is 100% leased at market rental rates. Total annual rental income amounts to nearly CZK 10 million, making it an investment opportunity for investors seeking long-term ownership of income-generating real estate.
Key Property Information
Location: Prague 8 – Karlín
Property Type: Income-generating residential building with commercial premises
Property Condition: Fully renovated
Net Lettable Area: 2,442 m²
Number of Residential Units: 20 apartments
Residential Lettable Area: 1,787 m²
Commercial Premises: 655 m²
Number of Floors: 1 basement level and 4 above-ground floors
Lift: Yes
Occupancy Rate: 100%
Annual Rental Income: Nearly CZK 10,000,000
Asking Price: CZK 290,000,000
Brokerage Commission: 2% of the purchase price + VAT
Transaction Structure: Direct property acquisition (asset deal)
Building Layout and Floor Distribution
Basement and Ground Floor – Commercial Premises
The ground floor and part of the basement accommodate commercial premises with a total net lettable area of 655 m².
These premises are fully leased and contribute to the property's overall rental income.
Upper Floors – Residential Units
The upper floors accommodate 20 residential apartments with a combined net lettable area of 1,787 m².
All apartments are leased at market rental rates, providing an established source of rental income.
The building is equipped with a lift and has undergone a complete renovation.
Investment Potential
The property offers several advantages from a long-term residential and commercial investment perspective:
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Prime Location: Karlín is an established residential and business district in Prague, offering excellent transport connections, comprehensive local amenities and convenient access to the city centre.
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100% Occupancy: The fully leased property provides an established rental income stream from acquisition, subject to the continuation of existing lease agreements.
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Diversified Rental Income: A combination of 20 residential apartments and commercial premises provides exposure to both residential and commercial rental markets.
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Fully Renovated Property: The building has undergone a comprehensive renovation, potentially reducing the need for immediate major capital expenditure, subject to verification of its current technical condition.
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Long-Term Capital Appreciation Potential: Its location in an established district close to central Prague supports the property's potential to preserve and increase its investment value over time.
Purchase Price and Transaction Terms
Asking Price: CZK 290,000,000
Brokerage Commission: 2% of the purchase price + VAT
The transaction involves the direct acquisition of the property (asset deal) rather than the acquisition of shares in a property-owning company.
Further information regarding the property, existing lease agreements, rental income and transaction terms is available upon request.
Interested in This Investment Opportunity?
Are you looking for an established income-generating investment property in an attractive location close to Prague city centre? At Porta Invest, we would be pleased to provide detailed information and discuss this investment opportunity with you.
For further details, investment documentation or to arrange a property viewing, please contact us.
Martin Novák
Investment Advisor & Broker | Porta Invest
+420 734 441 458
novak@portainvest.cz