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See below for some examples of development opportunities available in Prague. For more information on current or future development opportunities please contact Brian Murphy by telephone. Czech Republic: +420 221590130, Ireland: +353 (0)85- 7245005 or UK: +44 (0) 845 8386725.



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Prague_Property_Investments Coming soon... Land on 1.4ha fronting an attractive pond located 5km to Prague for development. Land is zoned for residential development.
Equity Investors required for the development of a 1.4 hectare (3.5 acres) pond facing site located in a growing village approximately 5km to Prague. The site consists of three interconnected buildings for conversion into approx 3,000m2  of terraced houses and approximately 1 hectare of land zoned residential for approximately 7,000m2 of residential space. The plot is immediately adjacent to the centre of the village and the “town hall” and has the distinct benefit of views of the local pond. The village is a short journey to the Metro in Prague 6 and straight into the city centre. The immediate villages have benefitted from a recent "Ballymore Properties" development of upmarket luxury villas and apartments in a neighbouring village and more development projects are in planning.

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 3 years to complete Phase 1 and 1-2 years to completed final phases and the project generates a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 


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Prague_Property_Investments Coming soon... Equity Investors required for the reconstruction of an old castle and farm buildings to loft style apartments. The project is  located in a growing village approximately 35km to Prague City centre. The project will consist of approximately 7,000 m2 of residential space. There is a possibility for the extension of the existing structure and the addition of a new building in the courtyard subject to planning permission. The project would consist of converting the space into budget loft style apartments for sale to the local middle market who want to be outside the city centre but still within close proximity to Prague.

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 2-3 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 

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Prague_Property_Investments Fully funded...Equity Investors required for the development of a 2.6 hectare (6.4 acres) site located in a small growing village approximately 14km (9 miles) to Prague City centre. The site consists of seven derelict buildings and is immediately adjacent to the centre of the village and the “town hall”. The village is benefiting from new roads which will considerably shorten the journey into the city centre. There will also be an exit from the new Prague city ring road/highway into the village which is due to open shortly. There will be a new tram line within 2km of the village by 2010 which will compliment existing city bus services.
The project would consist of a mixture of residential and local amenity commercial space of 16,000 - 20,000 m2 of saleable space yielding approximately 250-350 apartments. Once finished, the project will provide new access to the town hall centred around a new “town hall square” located adjacent to the site. The apartments will be targeted for sale to the local middle market who want to be outside the city centre but still within close proximity to the city centre.  

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 5-6 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 

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Prague_Property_InvestmentsFully funded... Equity Investors required for the refurbishment of an old brewery located in a small growing village approximately 15km to Prague City centre. The project consists of three interconnected buildings with approximately 4,000 m2 of saleable residential space yielding approximately 55 apartments. There is a possibility for the extension of the existing structure and the addition of a new building in the courtyard subject to planning permission. The existing buildings were built in the 1920's and are mostly in good condition. The project would consist of converting the space into designer loft style apartments for sale to the local middle market who want to be outside the city centre but still within close proximity to Prague.

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 2-3 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 

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Prague_Property_InvestmentsFully funded... Equity Investors required for the refurbishment of an old building located a few minutes to Prague City centre. The building consists of a basement level with natural light, 4 over-ground floors and attic space for conversion. In total there is approximately 900 m2 of saleable residential space across 12-15 apartments. There is a possibility for the extension of the existing structure at basement level and addition of a new building in the courtyard subject to planning permission. The existing building was built in the early 1900's and is in good condition. The building currently consists of a nightclub at basement and ground floor level (to be evicted) and three regulated rent tenants (to be vacated). The project would consist of converting the building into small compact studio and 1 bed apartments for sale to the local middle market.

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 1.5 - 2 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 

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Prague_Property_InvestmentsFully funded... Equity Investors required for the refurbishment of a building in the prestigious Mala Strana section of the city centre, close to the Prague Castle, National Theatre, Old Town Square, etc.  The building consists of circa 1,400 m2 net spread over 4 existing floors plus new 5th floor and roof level.  The vendor is selling with vacant possession and a "planning permit" extension. The building is in the UNESCO protected area of Prague and so must be sensitively restored to its former glory.

There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 1.5 - 2 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.

Please contact us for further information. 

 

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