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Kamyk Development, Prague 4 This bright, stylish development in Kamyk, Prague 4 marries the benefits of the city with the leisure of the country. Varying from 40 to 120 square metres in size, each apartment within the village-like complex enjoys a garden, balcony, terrace or conservatory. With sun-embracing windows and features of wood and natural stone, a fresh, imaginative design provides unique layouts for each apartment.
A verdant plaza and lawn in the heart of the developments three and four storey dwellings lend the area a relaxed communal sense. On the practical side, underground parking and a proximity to public transport, with bus stops a short walk away and a metro station nearby, cater for access to the city centre.
Prior to the completion of your apartment, the developer will make furniture packages available. There is a wide variety of furniture on offer to suit all tastes. We have key partnerships with IKEA and other large furniture providers in Czech Republic that provide both practical and luxurious furniture. We will work with you to decide the correct choice for you depending on your preferences.
Location Located in the south east of Prague, Kamyk, a quiet, upcoming district is home to numerous shopping and sports centres. It also offers kindergartens and elementary schools; the British International School operates a primary and secondary School just 100 metres away. Payment Terms The payment terms for property in Czech Republic are excellent and most of your capital is not paid to the developer until completion:
A reservation fee of €3,500 is required in order to take the property off the market.
You will then be issued a contract and upon agreeing terms, you will return it with a payment of 15% of the property price, less your reservation fee.
85% of the property value is due on completion.
Property Management We have several partners in Prague who will offer their services to rent out your apartment during your absence. They will typically advertise your property in local press, magazines and with certain tour operators in order to maximise your return. Their revenue is earned through the rental cost on a "no-rent-no-fee" basis, and they will only take 10% of your rental for this service.
As part of this service, they will manage the keys and transfers, clean the apartment and make it ready for the next visitor. They will also notify you of any outstanding bills, breakages and other issues that may need your attention. The property management company is typically responsible for the upkeep of your apartment when you are not there and is responsible for any replacement goods.
About the Immediate Vicinity The Kamyk development borders with a natural conservation area that offers a beautiful backdrop for jogging, cycling and picnics. To crown it all, it’s grounds will encompass sports and recreational facilities.
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