Park Zahradni Mesto II in Prague

Name: Sales in Park Zahradni Mesto II started!
Start: 2021-03-17T08:23:15.208941+00:00
End: 2023-12-31T23:59:59+0000
Location: Park Zahradni Mesto II

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Project info

Object ID: 11589

Finished at	October 2022
Price, m²	From 4400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	5
Apartments	51
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Hostivař depot 20 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

176,000$

Net profit

5,883$

Payback period

21.8 years

Avg property value increase per year

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About the project

The development project "Park Zahradní Město II" from the important company CENTRAL GROUP as is located in the urban part of Prague 10 - Záběhlice. The four-storey residential building offers 51 units with layouts ranging from 1 + kk to 4 + kk in a high standard or luxurious design. Each apartment has either a terrace or a balcony with frost-resistant ceramic tiles. Almost all apartments have a parking space in the underground garage, or you can also park near the house. The energy characteristics of the building are categorized as B - economical, which will significantly reduce operating costs. Heating is connected to the headquarters and the apartments have their own heat meters. Modern distribution of data for high speed internet, digital and satellite TV is done throughout the house. During construction, future owners have the opportunity to participate in the decoration of the apartments with a choice of 10 floating laminate flooring decors, 7 door decors and 20 bathroom tile options. Completion of the project is scheduled for June 2022.

Residence "Park Zahradní Město II" is located between Strashnitska and Švejová streets, next to the first stage of the Park Zahradní Město project. In the immediate vicinity you will find a full range of amenities: Penny supermarket (550 m), VIVO shopping center! with a multiplex cinema and several shops (400 m), fitness and wellness centers (260 m), kindergartens and primary schools (800 m) and a large number of restaurants and cafes. Families with children will appreciate the new playground right in front of the house. In terms of nature, you can go to the Meandri Botić park, to the Hostivar forest park with a swimming pool or to have fun in the protected areas of the Triangle where animals live.

The location is very easily accessible: the Garden City bus and tram stops are just 200 meters from the houses. Bus line 177 connects the Skalka line A and Opatov line C with the metro station, from where the city center can be reached in just a few minutes. Nearby is the Nádraží Hostivař railway station. The journey to the center by car will take about 15 minutes. For travel by car, it is close to the South Crossroads.