Sale of the motel Domino - unique investment opportunity

Exclusive offer of a 519 m2 property in Prague’s Letnany district. Two buildings are included on the plot of land in this offer. One of the buildings is a 3-story, 616.5m2 inn, known as the “Domino". The individual units, which total 432.5m2, are currently being used for short-term rentals and can be sold as separate apartments. All units have their own bathroom, kitchen, and are fully furnished. The second building in the listing is currently used as a family home for the hotel owners. The 2-story single-family home has a 3+kk layout and has a total area of 89m2. The listing price for the property is 41,500,000 CZK. The income from a fully leased property is CZK 158,082 (CZK 1,896,978 per year). The ROI for the property is 4.57% and will reach a full return after 22 years. With Prague real estate prices reaching over 15% growth in the past 5 years, this is a lucrative investment opportunity in a competitive market. The Letnany Shopping Center, golf course, tennis courts and local park are all in close proximity to the property. The city center is easily accessible via metro line C - Letnany and bus. Contact us today to arrange a tour. This could be your next unique investment opportunity.