Sterboholy - Prague

 

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Highly sought after low rise villa-style buildings with executive apartments in quiet but booming Prague 10, Czech Republic - superb rental prospects and capital growth prospects; close to shops and transport links.

This was an exclusive opportunity to secure apartments in one of Pragues' best new developments. Uniquely designed to offer the local market exactly what they want, these units are an outstanding investment opportunity. We have secured a pool of 30 units exclusively for investors - the remainder will be sold to local owner occupiers.

DOWNLOAD THE FULL PROSPECTUS

 

The Investment

The Sterboholy project combines all the advantages of comfortable modern living. Located in a green area where residents are able to enjoy both nature at their doorstep, but with excellent shopping facilities within easy reach.

Outstanding Rental Potential:
This development is targeted specifically at the needs of locals.

The nearby Europark shopping and entertainment centre is just a few minutes away, serviced by a free shuttle bus. The city centre is also easily accessible with fast public transportation connections. Location wise you will be hard pressed to find better.

Unlike the vast majority of high-rise, close proximity mass developments springing up around Prague, Sterboholy Gardens has been designed to zero in on the desires of local owners and renters. The overall project concept is unique, with 3 to 4 storey villa-style buildings set among lawns and trees

The combination of contemporary architecture and park greenery will create an exceptionally pleasant garden environment which is both close to the city and to outstanding facilities.

This unique low-rise 'villa style' design, and open spaces around the buildings has huge appeal with the aspirational middle class - rental and capital growth potential is, as a result, excellent.

This makes the development perfect for rental as greenery and entertainment top of the wish lists of local renters. Suitable for both families and for individuals who appreciate peace and privacy, we thoroughly recommend this development.

An excellent investment choice:

• Prices from £61,561 (€89,080); minimum initial downpayment of just £9,234 (€13,620)

• Project of Prague's largest and most experienced developers

• Units will be supplied ready to rent with fully fitted kitchens and doors (unlike most other developments which as 'shell and core' only)

• Targeted at emerging middle class market – excellent rental prospects

• One, two and three bed apartments

• Nearby shopping, local schools and entertainment centre

• Close to supermarkets

• Unique development for high-rise Prague – Gardens and greenery

• Excellent transport links

• Mortgages available from HVB, Cesky Sporitelna –  from 4.0%

• Realistic rental yields of 7.2% expected

• 70% of units will be sold to local market

Facilities

The nearby Europark features numerous shops   and supermarkets, including OBI and Interspar, a wide range of services, restaurants and cultural facilities.

For sports, tenants will appreciate the new multi-purpose sports hall that will soon open in Sterboholy. There is also a kindergarden and an elementary school in the area.

Detail for Sterboholy

• TOTAL: 111 apartments in 8 residential buildings
• Balconies or terraces to most apartments
• START OF CONSTRUCTION: II. Q 2006
• DATE OF COMPLETION: III. Q 2007
• TYPE: one to 3-bedroom apartments
• AREA: from 42 sq.m. to 100 sq.m

Typical floorplan

Full floorplans are available to download with the prospectus.

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