Jméno projektu

Mountain Residential House Krkonose

Typ projektu

Project type

Build to sale & Build to rent

Umístění projektu

Project location

CZ – Krkonoše

Available Investment Schemes:

A0, C2

Economic indicator of the project:

Total Acquisition Cost:
35 000 000 CZK
Project EBITDA:
30 867 024 CZK
Total project cost:
100 355 976 CZK
Minimum investment amount:
50 177 988 Kč
Maximum investment amount:
80 284 781 CZK
Estimated appreciation:
30,8 %
Name of the project:
Mountain Residential House Krkonose
Project type:
Build to sale & Build to rent
Project location:
Project Information Online:
Available Investment Schemes:
A0, C2

Economic indicator of the project:

Total Acquisition Cost:
35 000 000 CZK
Project EBITDA:
30 867 024 CZK
Total project cost:
100 355 976 CZK
Minimum investment amount:
50 177 988 Kč
Maximum investment amount:
80 284 781 CZK
Estimated appreciation:
30,8 %

SCORING

Project rating based on score 0 - worst | 100 best

Score Schema A

0
points

Score Schema B

0
points

Score Schema C

0
points

Overall average SCORE

0
points

Non-functional EXIT

0
points

Failure to achieve yield

0
points

% of sales area

0
%

The projects are evaluated on the basis of the calculation method where individual parts are assigned a score of 0 – 100.
0 points – or low point scores indicate significant risk in the area, High scores represent very moderate risk 100 points represent essentially zero risk. Description of Area: Timing mismatch risk represents an assessment that the project will not be implemented within the expected timescales, thus causing the project to be delayed and thus reducing the % p.a. return. | Non-Functional EXIT Strategy: The score assesses the ratio between the cost of building a unit and the sale of the worst vacant properties in the area | Failure to Achieve Yield: The score assesses the risk of a deviation in project costs or expected project yields | Total Average Score: This is the arithmetic average of the other scores.

Basic data

Information about the object

Total m2 of Floor Area Sales + Common:
1363
Total m2 of sales area of flats, units
731
Total m2 of basements
100
Total of garage spaces
Total m2 Terraces
100
Inventory of costs
Acquisition costs
35 000 000 CZK
Construction costs
54 527 225 CZK
Cost of sales 3% of total sales volume
1 732 470 CZK
Cost of legal services 1.5%
1 732 470 CZK
Marketing costs 1% of the selling price
1 154 980 CZK
Reserve 5% of Acquisition + Construction Costs
4 476 361 CZK
Inventory of Revenues
Total yield Sale of flats
115 498 000 CZK
Total proceeds from the sale of cellars
7 225 000 CZK
Total proceeds from the sale of terraces
8 500 000 CZK
Total revenue from the sale of garage spaces 20m2=1st
Total cumulative yield
131 223 000 CZK
The property is located in an exceptional location in the Giant Mountains, at an altitude of 900 m.
The location offers perfect privacy, but still very easy access to the property, even in the winter months. Currently the property is operated as a hotel and the project offers the possibility of conversion into luxury apartments.
The chamber concept of the project

9 apartments, wellness, lounge and other necessary facilities, including parking spaces, will allow the future investor, taking into account the overall size and family character of the project, to decide whether to take the project as a classic small development with the subsequent sale of the apartments, or to keep the entire property in its ownership and benefit from its subsequent operation and lasting value. Even the possession option can be very attractive at a time when money is rapidly losing value.

The location offers a unique relaxation option for clients who seek peace and quiet and prefer to be out of the mainstream in beautiful undisturbed nature and yet only a 3 minute drive from the upper car park of the Medvědín cable car, which connects this location with the Špindlerův Mlýn resort

In summer, the location offers the possibility of wonderful trips to the Labská bouda area and other attractive locations in the Giant Mountains. The view of Medvědín from the other side than most visitors are used to from Špindlerův Mlýn is original and attractive.


Scope of the project

Apartments including balconies and terraces 831 m2 Lounge with kitchen 77 m2

Wellness 102 m2
Common areas 353 m2In addition, there is an outdoor terrace of 250 m2, garden, parking, drivewayBuilding permit: summer 2022.
Implementation: 14 months from start.

Interested in investing?

Máte zájem investovat?

Máte zájem investovat?