Commercial in city Prague
25700.00 sq.m., 56 bedrooms

€ 1 060 000
Development project on the outskirts of Prague.
The total area of ​​the plot is 25,700 sq.m. It is divided into plots of 700-800 square meters, with the possibility of building 28 houses, each with an area of ​​140 sq.m. Issued uzemni rozhodnuti (permission to redevelop), a project is being prepared for obtaining a building permit. The project implementation period is 1.5-2 years.
Prague - the city and capital of the Czech Republic; the administrative center of the Central Bohemian Region and its two districts - Prague-East and Prague-West. Forms an independent administrative unit of the country. The population is 1.3 million people (as of 2015), the fourteenth largest city in the European Union. Located on the banks of the Vltava River, 40 kilometers from its confluence in Labu. The main political, economic and cultural center of the Czech Republic. A major tourist center in Europe: the number of tourists in 2015 exceeded 6.57 million people. The historic center is listed as a UNESCO World Heritage Site.
The cost of the facility: 26 500 000 CZK, which is approximately 1 060 000 euros. The cost of construction is 78 000 000 CZK, which is about 3 000 000 euros. Income (not including VAT): 6 000 000 CZK per house (140 sq.m. with plot), which is approximately 230 000 EUR; 6 000 000 x 28 = 168 000 000 CZK or 6 500 000 EUR. Profit: € 6,500,000 (income) - € 4,060,000 (expenditure) = € 2,440,000. The documents are ready for the deal. Additional information is available upon request.

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