Full Description

 The last concrete block of flats built in Hluèín was more than 10 years ago, but now we have the opportunity to offer you far more excellent housing, beyond comparison - a new project called "Sunny Hill". By the beginning of 2009, a complex of five six-floor apartment blocks with 143 apartments and 135 parking spots in total will be built in a part of Hluèín, Ostrava called "Rovniny". This fantastic housing complex will be erected in an open space between the existing housing estate in Dukelská Street and detached houses in Rovniny Street offering the perfect buy to let opportunity to investors.

 The main characteristics of the new housing complex are: Built to a high standard, brick built and modern design, a balcony or a terrace for each apartment, a chamber on each floor instead of cellars and a sufficient number of parking spaces. Apartments situated on the ground level have direct access to a terrace or the landscaped gardens, whereas higher-floor apartments have a nice view of the wooded hills south of Hluèín and all apartments are designed with the maximum utilisation of daylight in mind. There will be playgrounds for children and benches for relaxation within the complex gardens and the development is also located in a quiet area of Hluèín free from traffic noise. The apartment composition will enable you to choose from studio and 1 bedroom apartments for single people or couples, up to larger 3 bedroom apartments for families. We are mainly focussing on the Studio and One bedroom apartments where the rent is more likely to cover the mortgage making it a more cash positive investment. There is a letting and management company in place for completion and yields of around 5% expected.

The town of Hluèín is located in Ostrava at the foot of the hills called "Hluèínská pahorkatina" and north of the Opava River Basin in the north-eastern part of the Czech Republic. This town is one of the "natural" centres of the former Opava district. Hluèín, with its nearly 15,000 inhabitants falls into a category of large towns. Hluèín is located on the main road running from Ostrava and close to the border with Poland. This location guarantees good accessibility from neighbouring regions as well as from nearby Poland and the Slovakia. The development is located in one of the few open spaces in the inner town - with beautiful views of the countryside in a residential area. The location situated on the Ostrava-Opava route is easily accessible by bus and road, all important amenities are within walking or short driving distance such as schools, shops, services, health care centres, leisure-time and sports facilities, - all also accessible by public transport.

In recent years, Ostrava has experienced an enormous economic boom and inflow of investments to its industrial zones, and into the development and construction of hotels. Ostrava is home to many world renowned companies, many of whom have taken advantage of offers to invest both in the city and its surroundings (for example Hyundai, Multi Development, CTP Invest, ASUS Czech, SungWoo Hitech, Briggs & Stratton, ArcelorMittal, TietoEnator, Bang & Olufsen etc.). Leoš Janáèek Airport is growing quickly, with daily flights to  Prague, Vienna, and more European cities joining quickly. The landing runway can handle the largest cargo and passenger aircrafts in the world. The 1st International School of Ostrava opened in 2005 with the strong support of the City of Ostrava and the Moravian-Silesian Region. With its curriculum in English, the school prepares Czech and foreign children alike to continue their studies at universities around the world. Industrial production has always had a strong factor in the economy of the Ostrava region. Mainly its been based on the excavation and processing of coal and on related branches - metallurgy, the coking industry, the chemical industry, electric power generation, civil engineering and heavy engineering. Metallurgy and heavy engineering remain the largest employers in the City.