Property description:

• Prices from just GBP60,000 inc. Vat, parking& cellar

• Strong local rental market

• Single Deposit of just 100,000 CZK (GBP3,000 sterling approx)

• Balance funded by mortgage (subject to status)

• Limited timeframe due to strong local sales

The Development

Built high into a hillside giving a marvellous view of Zlin and down into the valley. This complex comprises modern living with functional design.

Description of the Development

The project is centrally located with all amenities (New shopping centre, schools, public transport and restaurants) all on the doorstep.

The complex comprises of 105 units, of which 79 have already been sold to the local market, with sales still going steadily.

Just 20 of the remaining units are being offered from this project to the international market by Knight Knox.

This, combined with the high rental demand, should ensure maximum rent and good occupancy levels are achieved.

Another phase of this project for local sale only is planned for Spring 2009 construction.

Why invest in Zlin?

We are excited to be able to offer an opportunity for investment in one of the most promising regions in the Czech Republic – Zlin

Zlin was one of the first regions to prosper internationally after the Velvet Revolution (the fall of communism in 1989) due in main to its geographical location and it’s highly educated workforce.

Zlín region is distinguished by its traditionally strong industrial base. Key fields of industry in the region include mechanical engineering, steel production, chemicals, plastics, and rubber. Wood-processing, leather production, electrical engineering and the food industry are also of great importance.

It is also the birth place of Thomas Bata (www.bata.cz) and the manufacturing base for Central Europe’s largest producer of quality shoes.

Other notable and recognisable names originating from Zlin include English playwrite Tom Stoppard, born Tomas Straussler in 1937. The Strausslers left for Singapore in 1939. And also Ivana Trump - Donald Trump's ex wife - enough said !

A number of educational institutions, secondary and higher professional schools operate in the region, most notably Tomáš BaÅ¥a University in Zlín, which offers specialised education, and Private University education is provided by the European Polytechnic Institute.

The combination of jobs and education contrive to give Zlin an unemployment rate comfortably below the national average and remarkably an average wage that is only marginally lower than that of Prague.

By 2010 the new highway and transport links will be complete improving access to Prague, Brno and Ostrava with the latter two being no more than 30 miles in either direction. These are two of the Czech Republic’s real estate rising stars over the last two or 3 years. And Zlin is set to follow suit.

Why invest in the Czech Republic?

The Czech Republic is in the centre of Europe and is one of the most successful transition economies in attracting foreign investment. Since 1993 over $50 billion FDI (foreign direct investment) has been recorded.

• Strategic location- at the centre of Europe it is the gateway to 455 million consumers in the single European market.

• Stable economic performance-healthy export driven growth, with low unemployment and higher GDP growth than many other European states

• Competitive infrastructure - as a transit hub, the Czech Republic has one of the most advanced transport networks in Central Europe.

• Educated workforce – according to a 2005 OECD study, the country ranked first among European countries in terms of the percentage of the population that has achieved at least upper secondary education. 61% of the

population speak another language (predominately English or German)

• Mature property market- steady long term growth in property prices. Mortgages for foreigners readily available, despite the fact that other countries are restricting finance generally.

More information can be found at the Czech Republic’s official website www.czech.cz

Mortgages in the Czech Republic

Mortgages are readily available to UK clients that are employed or self employed with evidence of income, up to 100% of valuation (subject to status and valuation).

Please contact us for further information.



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