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In my thesis I dealt with the capital decision making, with the methods to classification of the investments and with decision making under risk and uncertainty. The aim of the thesis was the application of mathematical methods by selection the options of the investments. The main task was to show the possibility of using decision trees, which are the graphical instruments for describing actions available to the decision maker. In the practical part there is described the process of making a decision tree on the example of the sale of real properties and on the example of the extraction of coal oil.

The thesis deals with the evalutation, which of the variants of the project investment is the most advantageous to the developer. The thesis is divided to the theoretical and practical part. The theoretical part is dedicaded to the explanation of terms associated with the investment, the investment project, the price determination and valuation of the real estates. There are also explained the terms related to the development projects and the real estate market. At last but not least, the theoretical part clarifies, how is the tax burden applicated to the practical part. The practical part is dedicated to the options such as sale, rent and partical sale of the real structural object, which is located in Prague, Brno and Ostrava. In conclusion, all of the variants are appraised for every city.

This thesis is focused on estimation of investment project in limited company called GSR s.r.o. The investment goes to the company area, which includes an administration building with its offices and store. The area location should be in Uherské Hradiště or its near surroundings. GSR s.r.o. is going to buy a piece of land according to above mentioned requirements and builds the administration building itself. The main aim of this thesis is to compare two possibilities – to sale this finished company area or to lease the finished company area for 20 years and to sale after 20 years.

Every company which wants to be successful has to face a question of successful investment and increase of financial resources. Therefore, it is necessary to re-search and deal with investment opportunities. The aim of this thesis is to define and evaluate indicators of efficiency of investment into the multifunctional object in the area of Zázrivá-Terchová in Slovakia. The thesis describes the actual division of investments and the sources of funding In the first part. Further, it deals with a cycle of the project and describes its particular phases. The thesis also examines technical-economic study that is discussed according to its chapters. It focuses on the part Financial analysis and estimate of investment in which the description of a process of defining of specific economic indicators and their assessment is provided. The practical part begins with defining of investment expenses and continues with operational expenses and incomes. The next part discusses calculation of Cash Flow and particular indicators of the project. The conclusion evaluates the project and its efficiency.

The aim of this thesis is to evaluate the investment of apartment house and decide whether to sell or rent its housing units. The investment will be assessed in two different locales, Luhačovice and Brno-Žabovřesky. The issue is solved by comparison of market value, determined by three basic approaches of market valuation, the market value based on income approach and investment costs. The market value of housing units is the result of a weighted avarage method cost, comparative and income approach. The market value based on income approach is determined from net operating income, capitalization rate and the trend growth / decrease. Investment costs are based on the detailed budget. The results are analyzed in selected methods of financial planning such as net present value, internal rate of return and payback period. Part of the calculation of the financial planning are cash flows that are adjusted by projected annual growth trend.