Key investment criteria:

Key investment criteria:

• stable cash flow: share in rental income from all occupied premises
  
• total leasable area: 947 m²
  • area of commercial premises: 156 m²
  • floor area of residential units: 791 m²
• current annual revenue: CZK 2,144,000
  
• potential annual revenue: CZK 4,000,000
• spacious, currently unused attic offers future appreciation potential in the form of a loft conversion with premium apartments
• strategic position: ownership of a share in a building in Vinohrady represents one of the safest forms of capital investment, with high resistance to market fluctuations
  
• sale of a property (asset deal)

Property description:

• building constructed in 1904–1905 by prominent Prague architect and builder František Buldra in the Late Historicist style with distinctive Art Nouveau elements
• façade with delicate stucco decorations featuring floral motifs
  
• well-maintained building
  
• high ceilings, casement windows
• distinctive architectural and craft elements preserved in the common areas
  
• 4 commercial premises (basement and raised ground floor): hair salon, medical practice, workshop and storage, 12 residential units: 2 ground-floor apartments currently under renovation, 10 apartments occupied by tenants (5 fixed-term, 5 indefinite-term)
• apartment sizes from approx. 50 m² up to 122 m²
• attic space cleared and prepared for future conversion 

Location:

The Prague district of Vinohrady has long been the most stable real estate market in the Czech Republic. The proximity of Peace Square and Riegrovy Sady Park guarantees lasting interest in both rental and owner-occupied housing. The area has excellent accessibility by metro and tram; moreover, the building stands in a quieter part, on a side one-way street near Svatopluk Čech Park and not far from Riegrovy Sady Park.