Svoboda & Williams Mediates the Sale of the Vodní 3 Office Building in Praha 5 - Smíchov

The building from 1884 features a Neo-Renaissance facade and is situated at an attractive location, just a few steps off the Janáčkovo nábřeží embankment, near Kinský Garden, Kampa Island and the Anděl shopping, entertainment and commercial district. For many years, the building has been serving as an administrative center, however, the new owner intends to return it to its original residential usage. In particular, the plan is to convert the building into a premium residence with apartment units for long-term rent. A significant benefit of the property – besides its lucrative address – is onsite parking.

“Based on an exclusive appointment from Wüstenrot Group to mediate the sale of this property, we organized a tender where Tilia Park came in first. The whole transaction, from receiving the mandate until the new owner being recorded in the
Land and Property Registry lasted less than five months," says Cyril Dejanovski, the business director at Svoboda & Williams.