Smichov City in Prague

Name: Sales in Smichov City started!
Start: 2021-03-25T12:42:55.254119+00:00
End: 2023-12-31T23:59:59+0000
Location: Smichov City

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Project info

Object ID: 11693

Finished at	December 2023
Price, m²	From 7050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	6
Apartments	400
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 Želivského 1 min Flora 13 min Skalka 18 min Palmovka 20 min
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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

211,500$

Net profit

5,906$

Payback period

26.1 years

Avg property value increase per year

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Promos and discounts for Smichov City

About the project

A development project of the Sekyra group called Smíchov City is being built in Prague-Smíchov. This is the revitalization of the Smichov freight station location, and modern office and administrative buildings and residential buildings are built on an area of 210,000 m2. New urban infrastructure prevents congestion on the original road network. The town of Smichov is connected with Branik and Podoli. A modern primary school building and a shopping center were built here.

Location:

The multifunctional complex is located in Prague 5, Smichov. It combines excellent transport accessibility and proximity to nature, as well as all available services. Train and bus stations, metro and tram stations were connected. The project includes a school, shopping center and offices. There is also a pedestrian boulevard with tall trees nearby.

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