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SALES INFORMATION CASA CONCEPT INT.<br />
Prague<br />
R E S I D E N C E S<br />
Company to sell with 6 residences, 85 apartements,<br />
7 commercial outlets, prime locations, total 8425 m 2<br />
Download catalogue: www.ccisro.de in English, Chinese and Russian language
Content<br />
page<br />
THE RESIDENCES<br />
Residence Musilkova ................................................. 4<br />
Residence Uvoz ........................................................ 6<br />
Residence Na Svihance ............................................. 8<br />
Residence Na Struze ............................................... 10<br />
Residence Na Zderaze ............................................. 12<br />
Residence Krizikova ................................................ 14<br />
CZECH REPUBLIC<br />
Comparison of gross domestic product ................... 16<br />
Comparison of price level ........................................ 16<br />
Monthly wage per person in Czech Republik ............ 17<br />
Exchange rate fluctuations between the<br />
Czech currency and the Euro ................................... 17<br />
Unemployement rate ............................................... 17<br />
Population and Tourism ........................................... 17<br />
Top 5 highest inhabitant gross domestic product<br />
(GDP) regions in the 27 EU memberstates ............... 18<br />
Top 5 cities in Europe .............................................. 18<br />
The influences of the property market in Prague ....... 19<br />
The Prague property market<br />
(subdivision into 3 segments) ................................. 20<br />
Uvoz Residence<br />
Uvoz 26, Prague 1<br />
CCI – CASA CONCEPT INTERNATIONAL S.R.O.<br />
Developments 1996 – 2014 .................................... 21<br />
Rental revenues of the residences ........................... 21<br />
Average rent ............................................................ 21<br />
Status Quo of Residences, Apartments and<br />
Commercial Outlets ................................................. 22<br />
Musilkova Residence<br />
Musilkova 7, Prague 5
Krizikova Residence<br />
Krizikova 125, Prague 8<br />
Na Struze Residence<br />
Na Struze 5, Prague 1<br />
Na Svihance Residence<br />
Na Svihance 2, Prague 2, Vinohrady<br />
Na Zderaze Residence<br />
Na Zderaze 10, Prague 2
THE RESIDENCES<br />
Residence<br />
Musilkova<br />
This house, built around 1900, has the commanding character of a manorial<br />
mansion. It is situated in the middle of a peaceful, private park with more than<br />
13,000 m 2 on a hill with a splendid view.<br />
The vicinity to the centre of Prague as well as the good connection to public<br />
transport, to the motorway and the airport ensures a high degree of mobility.
THE RESIDENCES<br />
5
THE RESIDENCES<br />
Residence<br />
Uvoz<br />
Situated near near the Prague Castle (Hradany), Schwarzenberg Palace, National<br />
Gallery in the „Malá Strana“ quarter, the historic center of Prague and known for its<br />
embassies and artists.<br />
The building, built around 1500, is one of the cultural momuments of the Czech<br />
Republic, nr. 39744/1-1000, covered by preservation orders.<br />
The view of the city and its parks cannot be obstructed: Located in the historic<br />
center, surrounded by countryside, facing the Lobkovicka Garden and the Petrin Hill.<br />
The most prestigious location in Prague.
THE RESIDENCES<br />
Residence<br />
Na Svihance<br />
The Residence is facing the park and located in Vinohrady, Prague’s best<br />
Residential Quarter – known as the „Royal District“. 1 stop from the city centre.
THE RESIDENCES<br />
2<br />
9
THE RESIDENCES<br />
Residence<br />
Na Struze<br />
In the city centre, quiet side street, next to the National Theatre and the Goethe<br />
Institute, 1 minute from Vltava river and the main shopping street, an excellent<br />
residential location.
THE RESIDENCES<br />
11
THE RESIDENCES<br />
Residence<br />
Na Zderaze<br />
City centre, quiet side street, a few minutes from the Vltava river and the<br />
main shopping street, an excellent residential location.
THE RESIDENCES<br />
13
THE RESIDENCES<br />
Residence<br />
Krizikova<br />
Overlooking a lovely residential quarter that has been designated as<br />
„European Preservation Area“ and nearby a beautiful park. 3 stops from<br />
the city center, 10 minutes travel time. A very pleasent residencial location.
THE RESIDENCES<br />
15
CZECH REPUBLIC<br />
Comparison of gross domestic product = GDP (2014, in %)<br />
28 EU member states<br />
Germany<br />
Czech Republic<br />
Slovenia<br />
Slovakia<br />
Lithuania<br />
Estonia<br />
Hungary<br />
Poland<br />
Latvia<br />
Romania<br />
Bulgaria<br />
100<br />
129<br />
84<br />
83<br />
76<br />
74<br />
73<br />
68<br />
68<br />
64<br />
54<br />
45<br />
Result:<br />
Of all 10 Eastern European countries, GDP is<br />
highest in Czech Republic.<br />
Source: Eurostat, Czech Statistic Office<br />
Comparison of price level (2014, in %)<br />
28 EU member states<br />
Czech Republic<br />
Denmark<br />
United KIngdom<br />
France<br />
Italy<br />
Germany<br />
100<br />
64<br />
138<br />
122<br />
108<br />
102<br />
102<br />
Result:<br />
Price level in the Czech Republic is still low,<br />
compared to West-European countries.<br />
Source: Eurostat<br />
16
CZECH REPUBLIC<br />
Monthly wage per person in Czech Republic (2000 – Q1.2015)<br />
2000: 13.700 CZK<br />
Q1 2015: 27.107 CZK<br />
Difference: + 98%<br />
Result:<br />
Significant increase of the wages and<br />
purchasing power<br />
Source: Czech Statistic Office<br />
Exchange rate fluctuations between the Czech currency<br />
and the Euro (2000 – Q1.2015)<br />
2000: 35.6 CZK / EURO<br />
Q1 2015: 27.0 CZK / EURO<br />
Difference: + 24%<br />
Result:<br />
Significant improvement in the exchange rates<br />
against the Euro. Very strong Czech crown.<br />
Source: Eurostat<br />
Unemployement rate (2014, in %)<br />
28 EU member states<br />
Czech Republic<br />
Prague<br />
9.6<br />
6.9<br />
2.5<br />
Result:<br />
Prague has the lowest unemployment rate in the EU.<br />
Source: Eurostat, CZSO Public database<br />
Population and Tourism (2014)<br />
Population<br />
• Czech Republic .................................................................................................... 10.5 mn<br />
• City of Prague (12 %) ........................................................................................... 1.3 mn<br />
Tourism<br />
Foreign tourists per year ....................................................................................... 8.0 mn<br />
Result:<br />
The city of Prague has a high additional income<br />
from the 8 mn tourists per year.<br />
Source: Czech Statistic Office, Czech NewsAgency, 18.1.15<br />
17
CZECH REPUBLIC<br />
Top highest inhabitant gross domestic product (GDP)<br />
regions in the 28 EU memberstates (in %)<br />
1.<br />
Inner London<br />
325 %<br />
2.<br />
Luxembourg<br />
258 %<br />
3.<br />
Brussels<br />
207 %<br />
4.<br />
Hamburg<br />
195 %<br />
5.<br />
Groningen<br />
187 %<br />
6.<br />
Bratislava<br />
184 %<br />
7.<br />
Stockholm<br />
179 %<br />
8.<br />
Ile de France<br />
175 %<br />
9.<br />
Prague<br />
173 %<br />
10.<br />
Upper Bavaria<br />
172 %<br />
Compared to:<br />
27 EU memberstates<br />
Czech Republic<br />
100 %<br />
84 %<br />
Result:<br />
Prague belongs to the top regions of Europe<br />
with the highest income.<br />
Source: Eurostat 2015, Czech Statistic Office<br />
18
CZECH REPUBLIC<br />
The influences of the property market in Prague<br />
Prague belongs to the top five regions of Europe, with the highest income.<br />
FERI, an internationally reputated consultancy, has selected Prague as<br />
one of the top 5 cities in Europe with the highest economic future<br />
development.<br />
The price levels and apartment rents in Prague are still below international<br />
standards.<br />
The city of Prague has a high additional income from the 8 mn tourists per<br />
year and the lowest unemployment rate of 2.5 % in the EU.<br />
High economic growth rates have enabled successive assimilation of the<br />
Czech Republic to Western European living standards, therefore Western<br />
European property and rental prices are expected in the future.<br />
In Western Europe, there is only a limited supply of properties with good<br />
future earnings potential in the market. Property prices and therefore rents,<br />
e.g. in London, Paris, Zurich, Moscow and Barcelona have reached a very<br />
high level in relation to net salaries.<br />
Good political stability, legal security, and a high level of economic growth<br />
all support investment.<br />
As a result of the country’s accession to the EU in 2004, investment in<br />
property has a significant degree of safety.<br />
EU citizens can now buy Czech property. All non-EU citizens can buy Czech<br />
property by setting up a company in the Republic (even with 100% foreign<br />
investment).<br />
Strong economic growth of Eastern European countries benefit from the<br />
lack of any international portfolio weighting by international investors.<br />
Foreign investment covers only 2% of the properties purchased in the<br />
Czech Republic, up until now.<br />
Result:<br />
Positive future development of the property<br />
market in Prague<br />
19
CZECH REPUBLIC<br />
Price range<br />
Target group<br />
High quality standard,<br />
very good location<br />
80,000 – 170,000 CZK / m 2<br />
3,000 – 6,300 EUR / m 2 Wealthy nationals and<br />
foreigners, property funds<br />
Future development:<br />
Because of the limited supply of exclusive locations in Prague 1,2, 5 and 6,<br />
demand is significantly higher than supply, and so prices will grow the most in<br />
this segment.<br />
Price range<br />
Target group<br />
Medium quality standard,<br />
good location<br />
40,000 – 80,000 CZK / m 2 Czech citizen with good<br />
1,500 – 3,000 EUR / m 2 salary and foreigners<br />
Future development:<br />
Demand outstrips supply, leading to rising prices<br />
Price range<br />
Target group<br />
Low quality standard 25,000 – 40,000 CZK / m 2 Czech citizen with<br />
900 – 1,500 EUR / m 2 normal salary<br />
Future development:<br />
Significant price competition, supply will outweigh demand because this is the<br />
largest segment.<br />
Source: CCI estimates based on Prague Real Estate Market, Offshore Real Estate & Investment,<br />
Prague Residential and Commercial Real Estate Market<br />
Exchange rate: 1 EUR = 27 CZK<br />
Quality Standards of the CCI-residences<br />
Residences :<br />
Uvoz, Na Svihance, Na Struze, Na Zderaze and Musilkova<br />
have a high quality standard and are in a very good location.<br />
Residences :<br />
Krizikova has a medium quality standard and is in a good location.<br />
20
CCI – CASA CONCEPT INTERNATIONAL S.R.O., PRAGUE<br />
Developments (1996 – 2014)<br />
1996 Purchase of the residence Na Struze<br />
1997 / 1998 Purchase of the residences Na Zderaze, Uvoz,<br />
Na Svihance, Krizikova<br />
1998<br />
Number of apartments: 64 / 4,681 m 2<br />
Commercial outlets: 742 m 2<br />
Total rental area: 5,423 m 2<br />
incl. commercial outlets<br />
Rental revenues<br />
in 1998<br />
= 63,000 Euro<br />
2005 / 2008 Purchase and renovation of the Musilkova residence<br />
2014 Number of apartments: 85 / 6,503 m 2<br />
Commercial outlets: 742 m 2<br />
Total rental area: 7,245 m 2<br />
incl. commercial outlets<br />
Rental revenues<br />
in 2014<br />
= 718,000 Euro<br />
Rental revenues of the residences (2014, in Euro)<br />
Na Svihance .......................................................................................................... 157,000 EUR<br />
Uvoz .......................................................................................................................... 221,000 EUR<br />
Kavalirka (Musilkova) ............................................................................................ 85,000 EUR<br />
Na Zderaze ............................................................................................................ 111,000 EUR<br />
Na Struze .................................................................................................................. 55,000 EUR<br />
Karlin (Krizikova) ..................................................................................................... 89,000 EUR<br />
Total 2014<br />
718,000 EUR<br />
Exchange rate: 1 EUR = 27 CZK<br />
Average rent (in Euro / m 2 , in 2014)<br />
Apartments .......................................................................................................... 9.21 EUR / m 2<br />
Commercial ......................................................................................................... 6.85 EUR / m 2<br />
21
CCI – CASA CONCEPT INTERNATIONAL S.R.O., PRAGUE<br />
Status Quo of Residences, Apartments and<br />
Commercial Outlets<br />
Residences<br />
Unregulated<br />
tenancies<br />
Commercial<br />
outlets<br />
TOTAL<br />
rental area<br />
Floor area<br />
(Areas of<br />
common use)<br />
TOTAL<br />
area<br />
Kavalirka<br />
(Musilkova)<br />
1,106 m 2<br />
(16 Apartments)<br />
– 1,106 m 2 82 m 2 1,188 m 2<br />
Uvoz<br />
867 m 2<br />
(10 Apartments)<br />
129 m 2<br />
(2 Commercial<br />
outlets)<br />
996 m 2 145 m 2 1,141 m 2<br />
Na<br />
Svihance<br />
1,864 m 2<br />
(23 Apartments)<br />
323 m 2<br />
(4 Commercial<br />
outlets)<br />
2,187 m 2 255 m 2 2,442 m 2<br />
Na<br />
Struze<br />
648 m 2<br />
(6 Apartments)<br />
– 648 m 2 231 m 2 879 m 2<br />
Na<br />
Zderaze<br />
898 m 2<br />
(15 Apartments)<br />
290 m 2<br />
(1 Commercial<br />
outlet)<br />
1,188 m 2 119 m 2 1,307 m 2<br />
Karlin<br />
(Krizikova)<br />
1,120 m 2<br />
(15 Apartments)<br />
– 1,120 m 2 348 m 2 1,468 m 2<br />
TOTAL 6,503 m 2<br />
(85 Apartments)<br />
742 m 2<br />
(7 Commercial<br />
outlets)<br />
7,245 m 2 1,180 m 2 8,425 m 2<br />
22
CCI – CASA CONCEPT INTERNATIONAL S.R.O., PRAGUE<br />
Your notices<br />
23
Prague<br />
R E S I D E N C E S<br />
Company to sell with 6 residences, 85 apartements,<br />
7 commercial outlets, prime locations, total 8425 m 2<br />
Casa Concept International s.r.o., Na Zderaze 10, CZ - 120 00 Praha 2, www.ccisro.com<br />
Please contact: Paul Günther Winkler, managing partner,<br />
Mobile: (0049) 1704008891, e-mail: paulguentherwinkler@gmx.de<br />
Download catalogue: www.ccisro.de in English, Chinese and Russian language
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