Tandem Modrany in Prague

Name: Sales in Tandem Modrany started!
Start: 2021-03-25T11:36:21.710236+00:00
End: 2023-12-31T23:59:59+0000
Location: Tandem Modrany

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Project info

Object ID: 11688

Finished at	December 2020
Price, m²	From 4500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	5
Apartments	76
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

135,000$

Net profit

5,906$

Payback period

16.7 years

Avg property value increase per year

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About the project

Tandem Modřany is a new project, thanks to which new housing was created on Mezí vod Street in Modřany. The house completes the plot of land where the Nestle office building and the Belarie Park residential building stand. Two six-storey houses Tandem Modřany offer 76 apartments with layouts from 1 + kk to 3 + kk. Each house consists of 38 apartments located on the 2nd floor and above. Each of them has a balcony, a basement, a carriage and a parking space for a car. Sekyra Group as, the developer of this project, has built apartments with a usable area of 30 to 90 m2. The project also offers commercial premises with a retail space of 100 m2, which have sanitary facilities, offices and other facilities as a place for municipal waste.

Location:

Tandem Modřany is a new residential complex located in Prague 4 - Modřany, on Mezi Street by the waters. It has excellent civic amenities and transport accessibility. The center of Prague, walking and shopping can be reached on foot in a few minutes. For nature, you can go to the Modrzanska Gorge. There are bike paths around the Vltava. There is a golf course next to the house and you can also play tennis. In the immediate vicinity of the houses there are schools and kindergartens, clinics, post office, shopping centers and supermarkets, as well as all the necessary amenities. The city center can be reached by tram in 15 minutes. The surroundings offer a lot of greenery - walks to the already mentioned Modrzanska gorge, along the banks of the Vltava. You will also find rich sports facilities such as a skate park, tennis courts, a golf course, and water sports.

Developer

Sekyra Group has been operating on the Czech real estate market since 1996, where it is one of the leading development companies in the resi…
Details about Sekyra Group