A new residential building is currently under construction in the vibrant city of Prague, Czech Republic. Situated in the sought-after location of Vysočany, this development is set to offer 21 residential units and 12 parking spaces upon completion. Additionally, the property includes an adjacent building that is earmarked for further development, adding to the overall potential of the site.

With a collateral value of CZK 135,600,000, this investment opportunity presents a promising prospect for those looking to diversify their portfolio. The estimated minimal return stands at 8.265 percent, making it an attractive option for investors seeking stable growth in the real estate market. The current value of the property is CZK 92,280,000, offering a solid foundation for future appreciation.

Located in the evolving neighborhood of Prague Vysočany, this development is part of the second stage in the area's transformation. Boasting a range of amenities including department stores, small shops, restaurants, and easy access to public transport via metro stations Vysočanská, Kolbenova, and Českomoravská, the property is well-positioned for long-term success.

The technical condition of the property is in line with its development status, with the construction project currently at a completion rate of 71.31%. The adjacent building, while in a worse technical condition, holds potential for further expansion and enhancement, adding value to the overall investment opportunity.

For investors looking to capitalize on the growing real estate market in Prague, this new apartment building in Vysočany offers a compelling chance to secure a stake in a dynamic and evolving neighborhood. With a strong collateral value, promising returns, and a strategic location, this property represents a solid investment option for those seeking to grow their real estate portfolio.