An apartment building on the border between Vinohrady and Žižkov
Praha| Price | CZK 185 000 000 |
|---|---|
| Commission | 2,5 % |
| Location | Praha 3 |
Apartment Building for Sale Between Vinohrady
and Žižkov | 1,595 m²
We are offering an apartment building for sale in a sought-after location on the border of Prague's Vinohrady and Žižkov neighbourhoods, within walking distance of Jiřího z Poděbrad Square and Riegrovy Sady Park. The property represents an attractive investment opportunity with potential for long-term rental income and further value appreciation through renovation and redevelopment.
The location offers excellent public transport connections, comprehensive local amenities and a wide selection of restaurants, cafés and cultural attractions. The proximity to the Prague University of Economics and Business further enhances the area's appeal for residential rentals.
Key Property Information
Location: Prague 3 – Žižkov, bordering Vinohrady
Property Type: Residential investment building
Current Usable Floor Area of Units: 1,595 m²
Number of Floors: 1 basement level and 6 above-ground floors
Courtyard Building: 2 above-ground floors
Residential Units: 8 apartments
Studio Units: 5 non-residential studio units (ateliers)
Commercial Premises: Restaurant and café
Parking: Courtyard parking spaces
Property Condition: Original but well-maintained
Development Potential: Unconverted attic space and an existing feasibility study for increasing residential floor area
Transaction Structure: Direct property acquisition (asset deal)
Investment Potential
The property's key advantages include its desirable residential location, existing lettable premises and further development potential.
The units are in their original but well-maintained condition and are suitable for rental use. The property also includes an undeveloped attic and a two-storey courtyard building.
A feasibility study is available outlining potential options for optimising the building's layout and increasing residential floor area. Any proposed construction or redevelopment works are subject to the relevant permits and approvals.
Purchase Price and Transaction Terms
Asking Price: CZK 185,000,000
Brokerage Commission: 2.5% of the purchase price + VAT
The transaction involves the direct acquisition of the property (asset deal).
Further property information and the redevelopment feasibility study are available upon request.
Interested in This Investment Opportunity?
At Porta Invest, we would be pleased to provide further information and discuss the acquisition terms.
Martin Novák
Investment Advisor & Broker | Porta Invest
+420 734 441 458
novak@portainvest.cz
