Apartment building for sale 180 m²

INVESTMENT IMMOVITY - HISTORIC CENTER OF JIMLAIN The Renaissance House in Jewish Street, a few steps from Masaryk Square, offers a combination of stable rental proceeds and a significant potential for further appreciation. The house underwent a partial reconstruction in 2021 and currently has 3 apartment units, a garage, a private courtyard with a terrace, a vault and about 100 m² attic ready for further use. Basic information • Built-in area: about 110 m² • Land: 141 m² • Private courtyard with terrace: 31 m² • Attic: about 100 m² • Basement: about 10 m² • Garage: about 25 m² / 1 car • Existing number of apartments: 3 • Potential number of apartments: 5 • Reconstruction: 2021 Disposation On the ground floor there is a garage, apartment 1+1 with bathroom, toilet and fireplace and entrance to a private courtyard with terrace. On the 1st floor there are two separate units - apartment 2+1 with balcony and bathroom and apartment 1+kk with private bathroom. The main development potential is about 100 m² attic, where you can build 2 mesonet apartments with a size of about 40 m². The building of the attic is already solved with the monuments. Part of the house is also about 10 m² vault cellar with authentic historical atmosphere. Technical status and development During the reconstruction in 2021, electrical wiring and internal water supply were replaced and preparation was made for 2 new units in the attic. Gas is introduced into the house which is not currently used. Variant 1 - Rent income Current status - 3 apartments: • Full occupancy rent about 40 000 Kč / month • ROI about 4.8% p.a. After building the attic - a total of 5 apartments: • rent about 60 000 Kč / month • ROI up to 7,2% p.a. Another potential offers a gradual increase in the standard of flats, optimization of rent and an increase in the rental area. Variant 2 - Capital appreciation The second strategy is to divide the house by the declaration of the owner into separate units and their subsequent sale.

• the purchase price of the house: approx. 55 000 Kč / m ² • the indicative selling price of the apartments: ca. 105 000 Kč / m ² • the potential of the sale of the existing 3 flats: min. 16 mil. CZK • after building 2 more apartments: the potential of approx. 24 mil. CZK • a total of up to 5 separately sold units The property is located right in the historical center of Jihlava in a quieter Jewish street. The Masaryk Square, shops, restaurants, cafés, services and cultural facilities are within immediate walking distance. The investment potential of the combination of 3 functional flats, the possibility of creating 2 additional mezzonet units, own garage, courtyard with terrace and attractive location in the center of Jihlava offers two investment routes - regular rental income up to about 60 000 Kč per month, or capital appreciation by dividing the house and selling individual apartments.