We offer for sale a garzonka apartment of total area 22 sqm

We offer for sale a garzonka apartment of total area 22 sqm on the 9. floor of a completely insulated and revitalized panel house located in the sought after location Usti nad Labem, at Malátova street. The property is kept in its original condition, which offers great opportunities to new owners who want to realize their own modernization of the bathroom unit and install a new kitchen unit according to the future tenants expectations. The main strength of this offer lies in extremely low operating costs that amount only around 2 000 CZK per month. These minimal fixed overheads make the apartment an ideal investment product featuring very attractive future yieldability. With a favorable purchase price and subsequent effective reconstruction, it provides stable net profit exceeding 4 % annually even when including repair costs and transferring part of charges to the tenant. Part of the flat is also a practical cellar space inside basement level of the house. Revitalized building features latest lifts offering quiet background along excellent accessibility via urban public transport system making shopping, services places easily accessible. This property presents perfect opportunity for investors searching safe capital storage combined with proven potential value growth in time coupled with reliable rental income arising once interior finish renovation executed.