Michelangelova in Prague

Name: Sales in Michelangelova started!
Start: 2021-03-19T08:30:54.275296+00:00
End: 2023-12-31T23:59:59+0000
Location: Michelangelova

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Project info

Object ID: 11625

Finished at	August 2021
Price, m²	From 4540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 34.00 m²
Floors	5
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Hostivař depot 4 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

154,360$

Net profit

5,883$

Payback period

19.1 years

Avg property value increase per year

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Promos and discounts for Michelangelova

About the project

The Michelangelova Residence project, created by the experienced developer JRD, is located in Prague 10 - Strasnice on Mikelangelova Street. The new six-story building will provide an ideal life for young couples, families with children and singles. The building is located in a closed and fenced area.

In the building you will find 27 residential buildings with layouts ranging from 1 + kk to 5 + kk, and some of them either with a terrace or with a loggia. The area of apartments is from 34 to 119 m2. There are also three non-residential premises and a shared underground garage with 25 parking spaces. Each apartment has a basement.

This project is built to meet the high demands of discerning clients. Each apartment is entered through fireproof doors of the corresponding class 3, interior doors are a combination of laminate and white varnish, glued veneer floors or in the option of two-layer boards. The hall and chamber are provided with tiles. Euro windows are equipped with triple glazing. Bathrooms and toilets are furnished with classic fixtures in the form of sinks, acrylic bathtubs, cast marble shower trays and shower partitions. Ventilation is solved in the form of recuperation and controlled ventilation. The bedrooms are equipped with carbon monitors. Heating is solved using a hot water system with radiators. Heat is measured separately in each apartment.

The terraces are equipped with exotic wood floors and frost-resistant fittings for easy watering of the built-in flower pots. The house also has a playground and a gazebo. Construction will be completed on 08/2021.