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Residence Post
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  • Project
  • Investment
  • References
  • Standards
  • Apartments
  • Financing
  • Locality
  • Contact

INVESTMENT

Why to buy an apartment in the mountains an invest in holiday property?

  • The apartments are available also for your private use of your family
  • Stable revenue, better than at conservative funds
  • Net profit of 6 to 7% after deduction of all costs
  • The possibility of VAT deduction at rate of 15%
  • You do not deal with any problems with tenants
  • We offer all the service connected to leasing and renting


Here we show verifiable income and expenses at Sněžka Residence in Pec pod Sněžkou in year 2015.

Apartment 2+kk (2 bedrooms and a kitchen corner) of the area of 58,8 m2
Possibility of leasing as a four-bed type of accommodation


Property price including VAT 3.995.000,- Kč
Annual gross rental income 415.000,- Kč
Energy costs 43.000,- Kč
Commission for EA* 129.100,- Kč
Annual revenue 242.900,- Kč


* Costs connected to renting include check-in, check-out, final cleaning, bed clothes changing, keeping of an accommodation book, payment of charges, commission for the Estate agency or for accommodation sites and the insurance. This service is optional.



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