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.