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Czech Republic Residential Property Investment with Guaranteed Income

Agency: Garry EPP

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Price:  EUR 35000 (Currency Converter)

Agent Reference: RoyalHorizonBeroun
City: Beroun
Region/State: Prague
Country: Czech Republic
Location: Urban
Beds: 1
Baths: 1
Year Built: 2007
 

Type: Apartment
Status: For Sale


Full Description: Czech Republic Residential Property Investment with Guaranteed Income - 6% guaranteed for 2 years.

Location: Beroun - Beroun is a growing commuter city on the main highway into Prague 25kms from the city center.

Development: Studio and 1-bed apartments
Completion: Autumn 2007
Deal: Guaranteed rent for 2 years at 6%
Prices start at: 35,000 euros
Mortgages: 85% mortgage finance available

The developer and management company guarantee tenant occupancy in the property for two years. They will handle maintenance issues in this time and deal directly with the tenant occupants. In return you will receive a monthly rent net of 10% management fees for 2 years based on the purchase price. After the two years the property reverts to you. You can then rent it out yourself / through a local rental company or sell.

Contact the agent for a summary of the investment opportunity.

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