Tulipa City II in Prague

Name: Sales in Tulipa City II started!
Start: 2021-03-22T08:07:58.091049+00:00
End: 2023-12-31T23:59:59+0000
Location: Tulipa City II

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Project info

Object ID: 11634

Finished at	July 2019
Price, m²	From 5400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	5
Apartments	216
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Kolbenova 5 min Letňany 14 min Vysočanská 18 min Prosek 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

189,000$

Net profit

5,883$

Payback period

23.4 years

Avg property value increase per year

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About the project

AFI CITY development project on Kolbenova street offers 216 apartments with layouts from 1 + kk to 4 + kk. These are four apartment buildings built at the Kolbenov metro station. Starting apartments are suitable for young people as well as seniors and families with children. The houses have a very sophisticated urban design Tulipa City, which is based on the original ground floor. It has been replaced by modern apartment buildings, created with an attentive approach not only to the surrounding area. The apartments have front gardens, roof terraces or loggias. Practical and affordable housing for a wide range of clients.

Location:

This project is located just three minutes walk from Kolbenova metro station. There is also a tram nearby that will take you to the city center in a few minutes. Nearby there is a road from the city in the form of the Kbel highway. The building replaces an industrial area that has stood here for many years. AFI Europe has transformed this part of the city into an area of apartment buildings and offices with many services. Nearby there is a bicycle path, also a popular playroom for children, the Freestyle Kolbenka sports complex, which has, for example, giant trampolines and glass platforms suitable for teaching skiing or dry snowboarding. A three-minute tram ride or one metro station is the Fénix Vysočanská shopping center with a Billa store, banks, ATMs, a pharmacy and a post office. There is a park, lots of greenery and office buildings.