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Next, greener phase of Modřanský Háj

Residential
CZECH REPUBLIC Avestus Real Estate is planning to start the construction of the next phase of the Modřanský Háj residential complex in Prague 4 this year.
The planned buildings – C, E, and F – will offer a total of 36 apartments. Modřanský Háj project is designed by the A69 architectural studio. In the C building there will be 14 two-, three- and four-bedroom units offered. The smallest apartments will have 61.8 sqm, and the largest will measure 115.6 sqm. The project’s most common floor plan will be a three-bedroom apartment. Apartments will come with a kitchen annex integrated with the living room. The E building on the other hand will comprise 18 four-bedroom apartments, which will have kitchens and an area of almost 120 sqm. The developer will also add a green space to every residential unit. The apartments in the C and E buildings will have either a garden or a roof garden, and all will have a terrace. The last four units in the F building were designed as app. 192 sqm family houses. Each house will include a garden which will have 234 to 296 sqm.

The prices of the apartments in the C and E buildings will start at (EUR 1,800) CZK 49,000 per sqm inclusive of VAT. The prices for family houses will hover around (EUR 380,000) CZK 10.5 mln inclusive of VAT. The sales of the project’s newest stage is set to start in February.

“We have achieved a very successful level of sales with the two apartment buildings that are currently under construction. Last year we sold over 75 pct of the flats in those buildings, and the interest has continued to grow as market and mortgage conditions have been very positive,” said Roger Dunlop, CEO of Avestus Real Estate.

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