Royal Triangle in Prague

Name: Sales in Royal Triangle started!
Start: 2021-03-26T12:02:05.882082+00:00
End: 2023-12-31T23:59:59+0000
Location: Royal Triangle

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Project info

Object ID: 11706

Finished at	—
Price, m²	From 3500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	4
Apartments	48
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Malostranská 4 min Dejvická 10 min Hradčanská 19 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

210,000$

Net profit

7,229$

Payback period

22.1 years

Avg property value increase per year

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About the project

The Royal Triangle development project is located on U laboratoře street in Prague's Strzeszowice. This is the work of BPD Development. In new buildings there are 48 apartments from 2 + kk to 4 + kk. Some of the properties in this house are leased for a long time, others are intended to be transferred to personal ownership. The front desk is open 24/7, the whole project is closed. There is also a shared green area designed by Schnidler Seko. The project consists of eight villas, which are arranged in a triangular shape.

Apartments:

The new Royal Triangle buildings are delivered to a high standard. There are three-layer lacquered floors, tropical wood floors on loggias and terraces. Bathrooms are tiled with large format tiles. Thanks to the Android and iOS operating systems, houses can be controlled using a mobile application. You can easily install blinds, lighting and heating. The building has underfloor heating. Aluminum windows with insulating double glazing. Apartments have one or two parking spaces and basements.

Location:

The residential building is located in Prague 6, U laboratoře street. Prague - Střešovice is a popular destination for families with children and individuals. The houses are located on the border of Orzechovka, Novy Svet and Strzeszowice. The house has a bus stop, school, kindergarten, medical facility. There are also famous restaurants, many shops, shopping centers, post office and offices nearby. There are many parks and green areas in Strzeszowice, in addition, there is a beautiful view of Prague Castle. The Deer Moat is located a few hundred meters from the house.

Developer

Svoboda & Williams is one of the oldest and most famous names on the Czech real estate market. Whether it is buying, selling, renting, p…
Details about Svoboda & Williams