Letnanske zahrady in Prague

Name: Sales in Letnanske zahrady started!
Start: 2021-03-17T07:29:14.595061+00:00
End: 2023-12-31T23:59:59+0000
Location: Letnanske zahrady

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Project info

Object ID: 11586

Finished at	November 2019
Price, m²	From 4000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	5
Apartments	52
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Letňany 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

160,000$

Net profit

5,883$

Payback period

19.8 years

Avg property value increase per year

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About the project

The last stage of the development project of the Central Group company, Letňanské zahrady, is being implemented on Veselská Street in the Prague 9 - Letняany district. There are the latest modern villas H and I with 52 new apartments with a layout of 1 + kk - 4 + kk. Apartments on the ground floor have front gardens, apartments on the upper floors have balconies. Letňanské zahrady offers a quiet life in a desired location for all ages, whether you are single or have a large family. The residential complex has also built a new restaurant and grocery store.

Location:

Letnianskyi district is traditionally very well accessible by public transport. The residential complex Letňanské zahrady is located near a bus stop (5 minutes walk), from where you can reach the Letňany C metro station with lines 158, 195 and 201 within the next 5 minutes.

There are kindergartens and elementary schools for your children next to the residential complex, and a secondary and language school are within walking distance. In the surrounding area you will also find medical facilities, a post office and other services. The civic amenities of this place are of a very good standard. In the vicinity of Letняany Garden there is a large shopping and entertainment center OC Letňany. In addition to the center, athletes will find several facilities such as the Surf Arena, the Letňany Sports Center with tennis courts, an ice rink and a Water Park. Even nature is not far from residential buildings: the Letныany forest park with trails for pedestrians, cyclists, skaters and skiers can be reached in about half an hour (by car in 5 minutes).