Frýdek-Místek (Ostrava area) 7.6% cash-on-cash property investment opportunity

Czech Point 101 May 4, 2015 @ 9:01AM

We have two newly built apartments for sale in Frýdek-Místek close to the Hyundai factory in Nošovice. The investor is forced to sell the apartments because of an unexpected personal situation.

See more pictures and further description.

Our Ostrava office has managed the apartments since 2009. They have always been easy to rent with a vacancy rate under 3%.

One apartment is currently tenanted and would give an investor an amazing 7.62% cash-on-cash return. Factoring in property price appreciation of only 1% the buyer can achieve a 19.41% CAGR. The other apartment currently doesn’t have a tenant as the owner wanted to have it empty for the resale.

This is an amazing opportunity to pick up an investment that is a proven performer with an existing tenant! We can provide all the rental history since 2009.

Want more information? Email Tomáš: [email protected]


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