Family house for sale 421 m², land 444 m²

_ Sale of an apartment house, historic building of the hotel Černý hora,, suitable for building up to 8 apartments and business area on the ground floor, or only 11 apartments. 5 apartments already made by rough construction, three more to complete construction on spacious soil, and the other three on the ground floor. The property is located on the street of Tyršova, Part of the village Poříčí, Municipality Broumov, Náchod district is an attractive investment opportunity in the region with increasing interest in renting and tourist recreation, suitable for clients with higher funds. The historical historical building offers a combination of authenticity and the possibility of modern reconstruction. The ground floor suitable for setting up a business area shall increase cash flow and diversify sources of income; the existing gross construction of five flats shortens the time and costs required to place the units on the market. Spacious soil with the possibility of three complete exhibitions allows further increase of the number of units offered. The overall concept will allow both long-term leases and short-term leases for tourists or business clients, thereby increasing the occupancy and flexibility of revenues. The location in Broum and the proximity to natural attractions and transport connections ensures a stable demand for accommodation and permanent housing. The investment strategy may include the completion of rough buildings with subsequent lease, the construction of a commercial space on the ground floor and the achievement of higher added value in the form of complete reconstruction of interiors. As a result, it is possible to optimise the return on the investment and to achieve an attractive return on proper cost management and occupancy. Total investment assumption 16- 18 mio including acquisition and reconstruction. ROI: 5,3% -6%. Expected yield 1.05 mio / year. When sold after the exit apartments, about 21 - 24 mio with longer liquidity, which gives investors flexibility of liquidity and exit strategy options.

Recommended steps to maximize value: completion of gross stocks, completion of three exhibitions on the ground floor, establishment of commercial space on the ground floor and targeted marketing for the segment of higher solvency. Documentation and technical documentation available on request. In case of interest, please contact us.