| Country: | Czech Republic |
| Location: | Most - Czech Republic |
| Type: | Apartment |
| Size: | 30m2 |
| Prices from: | £32,000 |
| Price details: | There only a few remaining Studio Apartments left in this mixed-use project in the very centre of the Czech regional town of 'Most'. Example 1 - 915,000 CZK + 9% VAT 1+kk / 30.5m2 Example 2 - 924,800 CZK + 9% VAT 1+kk / 28.9m2 We also have a range of other apartments up to 128m2 with 3 bedrooms. |
| Reservation fee: | None |
| Description: | Located in the regional town of Most, this mixed-use project is a pure buy-to-let investment product. At the heart of the town's renewal, the ODEON residence project is an opportunity that should not be overlooked. Comprising 100 units located on 8 floors in a mixed-use development right in the centre of Most, this project is a first in the local residential market. Located just 77 km from Prague and in close proximity to the German border, Most boasts a population basin of 100,000 people. The town is living a buoyant economic revival thanks to well established mining & industrial activities, capital inflow from Germany as well as a developing high-tech manufacturing sector. The first 15 buyers benefit from a 5% discount and free kitchens (incl. appliances). This project has been designed to fit perfectly to its surroundings and preserve the look of the city Most. The residence is divided into 3 blocks. You will find on the ground floor retail units, offering coffee shops and other services. The first two residential floors (3rd and 4th level) comprise two-storey flat apartments, 5th – 8th level comprise apartments from a one-room flat + kitchenette to a four-room flat + kitchenette, and all apartments have a balcony or a terrace. Recessed 9th and 10th level apartments offer larger terrace, creating tranquility with a lovely view over Hněvín castle as well as Šibeník park. The residence faces on to the main square (1. Náměstí) and the most interesting feature of the building are 5 alcoves jutting out to create a pleasant ground floor space underneath. The aim of this project is to offer the luxury of a house with the comfort and practicality of an apartment, including private storage space and underground parking spaces. A big advantage is the proximity of the Central Most shopping centre, with all kind of shops (fashion, sport, shoes, dry-cleaners, supermarket), boutiques, restaurant and other services, designed such as not to disturb the peaceful living. Investment Overview ▪ Mixed-use scheme (retail/residential) coupling the first shopping center with high-end residential units ▪ Well-known joint-venture with Irish developer- Quinlan Private ▪ Regional town with high capital growth (15%) and rental potential (7%+) ▪ Low exchange deposits of only 15% ▪ Limited number of buy-to-let units to prevent rental saturation ▪ 85-100% mortgage financing available ▪ No local capital gains tax if held for 5 years ▪ Free kitchens and a 5% discount for the first 15 units |