White Garden II in Prague

Name: White Garden II
Brand: Lexxus Norton
SKU: 11630
Availability: InStock

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Project info

Object ID: 11630

Finished at	December 2018
Price, m²	From 4500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Apartments	15
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Karlovo náměstí 4 min Anděl 6 min Smíchovské nádraží 11 min Národní třída 15 min Staroměstská 19 min Můstek 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

247,500$

Net profit

7,229$

Payback period

26.1 years

Avg property value increase per year

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About the project

The second phase of the White Garden II project offers 15 apartments and two studios. Some apartments have a balcony or a spacious terrace. The residence is located in a beautiful area of Novy Smikhov. You will get an exceptional life in the center of Prague, suitable for the most demanding clients. The renovated building has retained its original character, offering comfortable and modern living. Apartments with layouts from 2 + kk to 4 + kk have an area of 55 to 126 m2. You will also find office space here. Apartments with a balcony also have a basement and garage, which can be purchased separately. Much attention is paid to the standard of the apartments. The windows are an exact replica of the original casement double glazed windows, the doors are an exact replica of the original solid wood cassette doors. The floors are made of 22 mm thick wooden friezes. Toiletries from Ronn, Grohe and Laufen. Heating is controlled remotely, the bathrooms have a radiator with an electrical insert and an electric heating mat. Air conditioning is provided for attics. Balconies and terraces have frost-resistant tiles, wrought iron railings. In the courtyard there are private gardens, there is the possibility of parking in underground garages, which can be reached by elevator. Investor - Pierwood Capital, sro