Located in the vibrant city of Prague, Czech Republic, the apartment in Michle district offers an investment opportunity with a price per share of 1€ and an estimated minimal return of 14%. The property, valued at 150,000€, is part of the new project by Vihorev Group, Honest Michle, which will operate as serviced apartments managed by the group.

The project, launched under the Development product, is currently in the construction phase, set to be completed by late 2025. Fit-out and equipment installation are scheduled for early 2026. Investors in the Development of Michle - LOT 3 will receive an additional 1% annual interest for future investments in Rental Honest Michle, providing a promising investment opportunity with an expected return of 14.00% per annum.

Honest Michle, situated in the well-connected Michle district, combines historic charm with modern amenities, making it an attractive rental market due to its proximity to business centers and quality facilities. The property will offer rental opportunities for short, mid, and long-term stays, catering to a diverse resident base.

Investing in the Development product ensures a secure income on invested funds, with a property that possesses all necessary permits and comes from a developer with a proven track record of successful projects in Prague. Honest Michle, with its 32 modern apartments, is set to provide a comfortable living experience for tenants in the vibrant Michle district.

Michle's excellent transportation links, proximity to major highways, business parks, shopping centers, parks, and recreational facilities make it an appealing location for tenants. With reputable schools and healthcare facilities in the area, Michle offers a desirable residential experience for families, young professionals, and expatriates alike.