Apartment for investment in Prague

Post date: Sep 13, 2017 1:11:42 PM

Apartment for investment in Prague

Purchasing a real estate property, building, house or apartment for investment in Prague, the capital of the Czech Republic

Do you want to enjoy a logical and remunerative investment? Come purchase houses and apartments for investment in the Czech Republic in general and in its capital of Prague in particular. Prague is the largest city in the Czech Republic and is centrally located. It is considered one of the most beautiful cities in Europe, and the entire world. In terms of the scope of the investment, required, a pre renovation apartment in the center of the city, near the major arteries of transportation, would likely cost no more than 400,000 NIS.

Purchasing an apartment for investment in Prague is considered to be a particularly good and safe investment for a number of reasons

Purchasing an apartment for investment in Prague will yield a return on investment of 3% to 12% per annum, as a function of the type of investment (long or short term lease, the size of the apartment, its location in Prague, and more…). For example, when you purchase an apartment intended for a short term lease on AIRBNB - at a price of 1 million NIS, you can look forward to a yearly rental of 100,000 NIS. Even if you pay about a third of this to a management company and to various other expenses such as a maintenance fund, you will still be left with over 60,000 NIS a year. In other words, more than 6% net annual return. Moreover, of course, you always, of course, have the option of selling the real estate property with a hefty profit deriving from the rise of the real estate prices in Prague.

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