DEVELOPMENT PROJECT WITH A NEW CONSTRUCTION PERMIT A new project of building houses in the centre of Prague consisting of two blocks connected by a common garage.
Very good availability to the centre, near a green area (parks).
Number of apartments – 42 Plot size: 3,500 m2 Net area of apartments: 3 420 m2 Parking: 1 800 m2 Parking spaces: 54
Start of construction - February 2016 The beginning of the conclusion of contracts with customers in June 2016 Completion - December 2017
Brief economic indicators of the project:
Project costs: CZK 170 million (77 million - phase + 93 million – construction). Revenue from the project: CZK 214 million. Total income from sales: 44 million (214 million – 170 million) the Overall profitability of the project: 25,8 %
