Ceres Group

Description:

The recently completed Odeon Residence, located in the regional town of Most, is a mixed-use project and represents a pure buy-to-let investment product.

At the heart of the town's renewal, the ODEON residence project is an opportunity that should not be overlooked. Comprising 100 units located on 8 floors in a mixed-use development right in the centre of Most, this project is a first in the local residential market. The quality units will range from studios to 3 bedrooms at a very low 28,000 CZK p/sqm, promising to be a great buy-to-let investment.

Located just 77 km from Prague and in close proximity to the German border, Most boasts a population basin of 100,000 people. The town is living a buoyant economic revival thanks to well established mining & industrial activities, capital inflow from Germany as well as a developing high-tech manufacturing sector. The first 15 buyers benefit from free kitchens (incl. appliances).

To register your interest in receiving further information as it becomes available, please click below.

Investment Overview
▪ Mixed-use scheme (retail/residential) coupling the first shopping center with high-end residential units
▪ Well-known joint-venture with Irish developer- Quinlan Private
▪ Regional town with high capital growth (15%) and rental potential (7%+).
▪ Selected international units are priced at 28,000 CZK p/sqm
▪ Units from as little as 810,000 CZK (20,250 GBP / 29,455 EUR)
▪ Low exchange deposits of only 15%, meaning equity requirements from 121,500 CZK (3,037 GBP / 4,418 EUR)
▪ Limited number of buy-to-let units to prevent rental saturation
▪ 85-100% mortgage financing available
▪ No local capital gains tax if held for 5 years
▪ Free kitchens

Two resale apartments, to view them please click here:
# 366, 1+kk, CZK 864,675, please click here
# 376, 1+kk, CZK 864,675, please click here