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Investment property with the possibility of further development

House, Buy | Czech Republic, Prague, Krč
Asking price-Icon
28,500,000 CZK
Approx. 1,313,244 USD
Asking price
Square Footage-Icon
3,186.12 sqft
Square Footage
Lot Size-Icon
10,667.04 sqft
Lot Size
Asking price-Icon
28,500,000 CZK
Approx. 1,313,244 USD
Asking price

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What you should know about this villa

Amenities and special features of this villa

We offer investment property with the possibility of further development and interesting asset appreciation.
This historic detached house from the 1930s is situated in a quiet residential area of Krč.
The house is in technically good condition, in 2012 and 2017 the house was renovated, including interior and facade renovation.
The house with three floors is divided into three residential units 3+kk. There are six parking spaces and three terraces. Currently, the house is rented for 56 000 CZK per month net, but the potential estimated rent is up to 66 500 CZK per month net.
In addition to renting, the property offers three options for further appreciation: 
a) division of housing units into smaller flats and subsequent sale 
b) extension to the existing house and increase of usable area 
c) division of land into two plots and subsequent construction of a similar house on the neighboring plot

For more information about the property and viewings do not hesitate to contact us.

Krč: Location and surroundings of this property

Krč is a district and cadastral territory of the capital city of Prague, part of the city district of Prague 4 - the city district of the same name. Written monuments have mentioned Krč since 1922, and the final annexation to Prague took place in 1960. Krč also bears the imprint of the history of Czech literature, as Ivan Olbracht and Antal Stašek lived here. The residential area with full civic amenities, the most famous buildings include Thomayer Hospital the world-famous IKEM institute. Transport services are provided by buses and metro line C, Budějovická station next to the shopping center. The close proximity to the commercial zones in Michle and Pankrác makes Krč an increasingly attractive location to live, especially for expats.

Contact your personal advisor
Engel & Völkers Prague Andel
  • Česká EuV Commercial s.r.o.
  • License partner of Engel & Völkers Residential GmbH
  • Ing. Andreas von Schlik
  • Janackovo nabrezi 1101/23
  • 15000 Praha 5
  • Phone: +420 233 091 011

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