Second phase of Plachta residential project in Hradec Kralove sold out before completion (CZ)

ORCO Property Group has announced that all the housing units of the second phase of residential project Plachta in Hradec Kralove, the Czech Republic, have been sold out. The second phase consists of eight buildings with 279 housing units.

The low-floor flat buildings, projected in a residential style, are carefully set in green park areas and located around an artificially built lagoon. Almost all the flats have a terrace or a balcony and there is a purchase possibility for a garage or a garage parking space. At the ground floor of two buildings, there is commercial space available for shops or service premises, including a large space for a restaurant with a garden.

The residential district Plachta is placed in Malsovice, situated south-east from the center, and is a favourite residential area of Hradec Kralove. Next to the Plachta district there are the large Novohradecke woods, ideal for family walks and cycling trips. Nearby there are also tennis courts, a horse riding area, gardening colony and a children's playing field.

Civic amenities such as kindergarten, primary school, post office, medical centre and sport stadium, fully correspond with all the requirements for a modern family. Nearby can also be found the shopping mall Futurum offering a wide spectrum of services and shops, including the supermarket Tesco and an opportunity for cultural entertainment. Close by the Gocar circuit enables fast connection for car drivers with the all important trunk roads to Prague and Brno.

The third and last phase of project Plachta is at this time under preparation. Sales will be launched in autumn 2007 and will be recognized in the turnover end of 2007 and early 2008.

"The fact that all flats were sold out already in July, while the construction itself is to be finished only at the end of year 2007, shows evidence that we are going in the right direction. Project Plachta confirms that modern residential projects fulfilling high standards have a big potential in the whole territory of the Czech Republic", stated Vladimir Toman, Sale Manager of Orco Property Group.

Source: Orco

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