Ovenecka in Prague

Name: Ovenecka
Brand: CREAM Real Estate
SKU: 11860
Availability: InStock

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Project info

Object ID: 11860

Finished at	—
Price, m²	From 4500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 124.00 m²
Floors	7
Apartments	24
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Invalidovna 12 min Náměstí Republiky 12 min Vltavská 15 min Staroměstská 16 min Křižíkova 17 min Florenc 17 min Můstek 17 min Nádraží Holešovice 20 min Národní třída 20 min Muzeum 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

558,000$

Net profit

9,376$

Payback period

47.5 years

Avg property value increase per year

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About the project

Ovenecká 19 is an important historic building that offers apartments with the charm of Art Nouveau lines. The building underwent a complete reconstruction in 2017, while maintaining the concept of historic and modern comfortable living. The building has a total of 25 apartments, including four duplexes in layouts 2 + kk and 3 + kk. Attic spaces provide layouts for above-standard duplex attic housing in layouts 2 + 1 and 3 + 1. Business units are available on the ground floor.

Developer

Since 2000, we have been behind the conversion and regeneration of the former Bata factory in Zlín. The complex debt relief of the area know…
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