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New Apartments with Good Rental Potential in the City of Most, the Czech Republic (off plan)
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| Property Group | Residential | | Property Type | Apartment | | Built | 2008 | | Owner Financing | YES | | Price | Euro 30,000
For Sale |
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| Location | Odeon Residence | | Nearest City | Most | | Bedrooms | 1 | | Bathrooms | 1 | | Living Rooms | 1 |
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| | For further details contact
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
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REF: Ceres-Odeon Residence
Located in the regional town of Most, this mixed-use project is a pure buy-to-let investment product. Completion date is December 2008.
At the heart of the town's renewal, the ODEON residence project is an opportunity that should not be overlooked. Comprising 100 units located on 8 floors in a mixed-use development right in the centre of Most, this project is a first in the local residential market. The quality units will range from studios to 3 bedrooms at a very low 28,000 CZK p/sqm, promising to be a great buy-to-let investment.
Located just 77 km from Prague and in close proximity to the German border, Most boasts a population basin of 100,000 people. The town is living a buoyant economic revival thanks to well established mining & industrial activities, capital inflow from Germany as well as a developing high-tech manufacturing sector. The first 15 buyers benefit from a 5% discount and free kitchens (incl. appliances).
Further information on this project will be uploaded over the next few weeks. To register your interest in recieving further information as it becomes available, please click email us.
Investment Overview
▪ Mixed-use design (retail/residential) coupling the first shopping center with high-end residential units
▪ Well-known joint-venture with Irish developer- Quinlan Private
▪ Regional town with high capital growth (15%) and rental potential (7%+).
▪ Selected international units are priced at 28,000 CZK p/sqm
▪ Units from as little as 810,000 CZK (20,250 GBP / 29,455 EUR)
▪ Low exchange deposits of only 15%, meaning equity requirements from 121,500 CZK (3,037 GBP / 4,418 EUR)
▪ Limited number of buy-to-let units to prevent rental saturation
▪ 85-100% mortgage financing available
▪ No local capital gains tax if held for 5 years
▪ Free kitchens and a 5% discount for the first 15 units |
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