Apartment for sale, 5 rooms, 123 square meters.

We are offering for sale a unique apartment with a total area of approximately 123 m² in the desirable location of Prague 4 – Michle, on U Botiče street. The apartment is designed as two separate units with a shared entrance hall, making it an exceptionally flexible and attractive investment property. Originally a two-generation apartment with a 5+1 layout, it was renovated and divided into two separate units: a 3+1 and a 2+kk. This configuration allows for a combination of owner-occupancy and rental income, or the maximization of returns through two independent rental units. You can take a virtual tour of the apartment using Matterport (in the gallery). The first unit, a 3+1 apartment with an area of 77.35 m², offers spacious and functional living with three rooms, a separate kitchen, a bathroom, a separate toilet, and a balcony. The second unit, a 2+kk apartment with an area of 41.78 m², is compact, fully utilized, and includes a living area with a kitchenette, a separate room, a bathroom with a toilet, and its own balcony. Both units are accessed through a shared entrance hall, which provides practical separation. The apartment also includes a cellar compartment with an area of approximately 3.5 m², located in the 1st underground floor of the building. The apartment is located on the 12th floor. This apartment is located on an upper floor of a 16-story panel building, with elevator access, and offers plenty of natural light and pleasant open views. The building has been renovated, and the apartment is in very good condition after refurbishment. The building's energy efficiency rating is C – relatively efficient. The Michle district is a stable and well-connected area of Prague. The surrounding area offers a full range of amenities, and public transportation provides quick access to the city center and the Brumlovka business district. The apartment is currently rented out as two separate units. The current rent is approximately 18,500 CZK + utilities for the larger unit, and approximately 16,000 CZK + utilities for the smaller unit, totaling around 34,000 CZK per month excluding utilities. The lease agreement for the larger 3+1 unit is valid until May 3, 2026. The lease agreement for the smaller 2+kk unit is valid until November 14, 2026, after which the unit can be used according to your needs. Optimizing the rental relationship, the current market rent for this area is approximately 24,000 to 28,000 CZK for the larger unit and 18,000 to 21,000 CZK for the smaller unit, totaling a potential monthly rent of approximately 42,000 to 49,000 CZK. The monthly service charges for the entire unit are 8,348 Czech crowns and include, in particular, heating and hot water. The heating is centrally provided. Heat and water consumption are measured separately for each residential unit. Currently, electricity is shared between both units and is paid according to the number of occupants. It can be easily separated by installing individual meters. The property is suitable for both long-term investment with immediate returns, and for a combination of owner-occupation and rental income. Due to its division into two units, it offers greater flexibility than a standard apartment and allows for efficient management of rental income. Financing through a mortgage is possible.