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Nuselsky pivovar in Prague

Name: Sales in Nuselsky pivovar started!
Start: 2021-03-23T09:23:21.236212+00:00
End: 2023-12-31T23:59:59+0000
Location: Nuselsky pivovar

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Project info

Object ID: 11649

Finished at	December 2023
Price, m²	From 6900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	8
Apartments	400
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Vyšehrad 7 min Pražského povstání 9 min Náměstí Míru 11 min I. P. Pavlova 13 min Pankrác 14 min Jiřího z Poděbrad 17 min Muzeum 19 min Hlavní nádraží 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

269,100$

Net profit

5,883$

Payback period

33.3 years

Avg property value increase per year

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About the project

Penta wants to use the former brewery site for a residential development, which should offer up to 400 apartments in an attractive location close to the city centre. The listed 17th century brewery building will house office and retail space and when complete will give the area a completely new appearance, helping return it to its historic roots as a centrepoint of Nusle. Initial design studies feature a town square with cafés and restaurants and renewal of a street which used to cross the site.

Developer

Penta Real Estate was formed by separating the real estate division from the company Penta Investments, whose origins date back to 1994. Pen…
Details about Penta Real Estate