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Nad Rokytkou (Prague): (REF Nad Rokytkou (New Project) )

General Description

The construction of the Nad Rokytkou residential area consists of three stages – the Nad Rokytkou Gardens, the Nad Rokytkou Courtyard and the Nad Rokytkou Residence. This residential project is taking place in an up and coming central Prague residential area located in a forested green valley on the Rokytka river. All phases will characterized by low to medium apartment buildings close to nature and will have cultivated parks as well as excellent infrastructure and amenities. Residents of Nad Rokytkou fond of sport will appreciate the modern cycle path which is to be built around and through the project and which will connect Hloubětín and the center of the city.

Investment Overview:

Excellent payment terms of 10% at Future Purchase Contract / 90% at completion
Apartments starting from 2,188,000 CZK, exchange requirements start from
cca 219k CZK (cca 7,970 EUR / 5,475 GBP)
Best finance in the emerging CEE markets with 100 % LTV mortgages now available for this project Expected annual capital growth of 12 - 14% Prague 9 is becoming a very popular and upcoming district Construction of the massive Gallery Fenix shopping center at the corner of Sokolovská and Freyova streets, a few minutes from “Nad Rokytkou” illustrates the growing residential demand of the area. Transportation is provided by tram (direct connection to the center – 17 minutes to the Wenceslas Square) or bus lines (Harfa, Freyova), or the yellow metro line, stations Palmovka or Vysočanská buy to let investment with rental yields estimates of 6 %.