Real estate newsFrom the pipeline of Svoboda & Williams

13. August 2020

PRAGA Residence: Timeless Living in Karlín Receives Final Approval

The modern PRAGA Residence, situated between Karlínské náměstí Square and the base of Vítkov Hill, has been successfully completed and approved. Currently, only the most premium units remain for sale—penthouses with loggias and terraces on two levels.

The architecturally unique PRAGA Residence consists of 42 apartments, including six triplex penthouses with spacious rooftop terraces offering panoramic views of Karlín and Prague. The bright and airy penthouses are bathed in the sunlight streaming in from their floor-to-ceiling aluminum windows. Their open plan layouts result in generously apportioned living rooms connected to loggias. Residents will also have access to a private rooftop pool.

The penthouses offer a unique opportunity to purchase a property with all of the advantages of urban living combined with absolute privacy and the much sought-after interior-exterior connection. As the project has received final approval, the units can now be completed to your tastes.

More information on the PRAGA Residence project.

PRAGA Rezidence | Apartments for sale in Karlín | Svoboda & Williams

13. August 2020

Svoboda & Williams to Exclusively Offer Apartments in the BERLITA Residential Project in Beroun

The Svoboda & Williams real estate agency was exclusively retained by VENUS INVESTMENT GROUP to mediate the sale of units in the premium BERLITA residential project, which will be situated close to the historic center of Beroun. Once finished, it will offer 61 spacious, high-standard apartments that will soon be available for sale.

The BERLITA residential project will have an enviable peaceful address right by the old walls that surround the city center and the confluence of the Berounka and Litavka rivers, after which the project is named. The apartment house will consist of two connected four-story buildings with a receding fifth floor. There will be 61 studio to three-bedroom units, including rooftop penthouses completed to a high standard.

The apartments have been designed with an emphasis on clever layouts and quality materials. The living rooms will be fitted with large-format windows that guarantee beautiful views of the surrounding area. Most of the apartments will come with a loggia or balcony and the penthouses will have a terrace on the top floor. Covered parking spaces will be available on the ground floor and basement and there will also be enough spaces in front of the building. The developer is planning to revitalize the immediate area, and so the BERLITA apartment house will be surrounded by greenery and pleasant spots to relax in.

The planned completion of the BERLITA residential project is planned for Q2 2022.

Svoboda & Williams to Exclusively Offer Apartments in the BERLITA Residential Project in Beroun

12. August 2020

Svoboda & Williams Exclusively Offers the Sale of a Boutique Mountain Hotel in the Pec pod Sněžkou Resort

In August, Svoboda & Williams added a carefully reconstructed mountain hotel to its real estate portfolio. With large grounds that include building plots, the property can be used year-round. Its location in the eastern Krkonoše Mountains in the Pec pod Sněžkou resort makes the hotel a truly unique investment opportunity.

Built in 1930, the building was completely reconstructed four years ago, paying special care to preserve its traditional Krkonoše log cabin appearance. The building retains an old world atmosphere, while at the same time conforming to the standards of modern recreational facilities. All of the rooms are stylishly furnished and showcase materials used in historic mountain lodges, such as wood and stone. The common room with a kitchen and large fireplace is connected to a spacious terrace that offers far-reaching views of the mountainous countryside.

The hotel has new doors and hardwood floors, casement windows, wiring and thermal insulation, and bathrooms with quality sanitary ware. Its total capacity is 29 beds, a charming boutique size that also includes plenty of privacy for more demanding guests.

More information about the property.

Mountain Hotel in the Pec pod Sněžkou Resort | Svoboda & Williams

11. August 2020

The Bratislava Real Estate Market in the Aftermath of the Coronavirus Crisis

The COVID-19 pandemic affected the global economic system and the Bratislava real estate market was no exception. The number of new build apartments sold in Bratislava in the quarter-on-quarter comparison decreased by 40%, but in the year-on-year comparison actually increased by a third. Apartment sales prices have also reached new heights—the average price of a unit in Bratislava is currently just under EUR 3,000 per sq. m.

Experts estimate that the fallout from the economic downturn caused by the new Coronavirus pandemic will be felt especially in the second half of 2020, which, if they are correct, would put pressure on real estate prices. The National Association of Real Estate Agencies in Slovakia (NARKS) stated that housing preferences may change in the future after society’s experience with lockdown measures and quarantines. People will be more likely to take into account the importance of space and quality when it comes to buying property. “Many of our clients are currently searching for properties with a balcony, terrace, or front garden. The popularity of primary or secondary housing, where owners can comfortably spend their weekends, part of the workweek, or the summer months, has also increased,” says Dagmar Skalníková, real estate agent at Svoboda & Williams.

The COVID-19 travel ban was naturally followed by a decline in the number of short-term rental or Airbnb customers, which resulted in an increase in offers of properties for long-term rent. In Bratislava in the first half of the year, the situation caused a 28% growth in available apartments. The real estate market thus changed from a landlord’s to a tenant’s market.

During the Coronavirus crisis, the Svoboda & Williams real estate agency quickly adapted to the new demands of the market and came up with several innovations, such as real-time video viewings, Flexi Rentals services, or Flexi Office Management. Even with the Coronavirus pandemic in full swing, Svoboda & Williams was actually exclusively retained to sell new apartments in the Koliba and Schön residential projects. “The crisis has not stopped clients who need to discuss housing issues from contacting us. On the other hand, clients who have acquired real estate as an investment have chosen to bide their time and wait until the crisis starts having an impact on property prices. At this point in time, however, developers working in the Bratislava real estate market aren’t thinking about lowering prices,” adds David Martan, head of the Slovak branch of Svoboda & Williams.

The Bratislava Real Estate Market in the Aftermath of the Coronavirus Crisis

21. July 2020

Svoboda & Williams Pledges Long-Term Support to the Zamenis Association for the Protection of the Aesculapian Snake

Since 2006, the Zamenis association has been actively involved in the protection of the critically endangered Aesculapian snake, specifically along the Ohře River, where one of its populations survives in complete isolation. For several years, the association has been building hatcheries and stone walls and their hard work has yielded good results—this rare snake species now numbers in the hundreds. Svoboda & Williams will regularly send the Zamenis association a donation of CZK 50,000 per year.

The Aesculapian snake is on the Czech Republic’s endangered species list. Today, it is found only along the Ohře and Thaya rivers and in the White Carpathians. The Zamenis association focuses on the isolated population along the Ohře, where the Aesculapian snake mostly lives in man-made walls, embankments, and little used buildings. The population of the Aesculapian snake is threatened with extinction, especially due to the loss of its habitat as the result of the country’s transition to an industrialized large-scale economy, increased car traffic, and a higher number of non-native predators.

The Zamenis association is part of a conservation program that aims to maintain the micro-population of the Aesculapian snake, increase its population, and return the snake to locations where it has become extinct. With its regular yearly donation, Svoboda & Williams will support the Zamenis association, which will primarily use the donated funds to manage locations, conduct research, and educate the public about the largest snake in the Czech Republic.

Zamenis longissimus

16. July 2020

Svoboda & Williams Is Launching the Sale of the Second Phase of the Na Pramenech Residential Project

The sale of houses in the Na Pramenech residential project, which, once completed, will result in a new neighborhood in Prague 9, is entering its second phase. There are now 17 additional three-bedroom to four-bedroom homes available. The houses in the second phase will be move-in ready in summer 2021.

The Na Pramenech project will be a welcome addition to the Prague housing market at a time when the demand for houses that connect the exterior to the interior can be expected to grow. The fact that clients can purchase a house with its own garden for the current price of an apartment without a balcony or terrace in the wider center of Prague plays a large role in their decision-making process. “The prices of apartments in Prague are already so high that it makes more sense for people to own a smaller terraced house further away from the center,” notes Vanda Böhmová, real estate agent at Svoboda & Williams.

The rough construction of the houses in the second phase was completed in May, and so potential buyers can now view the various layouts offered in the Na Pramenech residential project. The houses in the first phase have roof coverings and the water supply system for the houses in all three phases has been laid. Construction work is therefore continuing according to plan.

The Na Pramenech residential project is an enclosed community of 77 terraced houses with gardens, plenty of green spaces, a kindergarten, and a children’s playground. The neighborhood has been carefully planned in order to create a friendly atmosphere, but still ensure plenty of privacy.

More information on the Na Pramenech residential project.

The Na Pramenech Residential Project | Svoboda & Williams

15. July 2020

Svoboda & Williams to Exclusively Offer Offices for Lease in the DOX + Complex

The Svoboda & Williams real estate agency has been exclusively retained to mediate the lease of offices in an administrative building that is part of the multifunctional DOX + complex, which stands in a lucrative part of Holešovice. Spread out over three floors and located in the center of Prague’s contemporary art scene, the modern, originally designed offices boast a truly unique atmosphere.

The DOX Centre of Contemporary Art is a famous Holešovice architectural landmark. In 2018, its original space was expanded and transformed into the DOX + multifunctional space, which was created by renowned architect Petr Hájek, who in the same year received the Architect of the Year award for the DOX + multi-use hall. DOX + consists of a new hall with a rehearsal room and an adjoining six-story building from the 1970s that was carefully reconstructed in order to preserve its original character. You will find the offices for lease on its fourth to sixth floors.

The available DOX + offices cover a total floor area of 1,115 sq. m. and separate units of 190 sq. m. can be leased on a long-term basis. The highest floor is connected to a terrace that faces both the street as well as the courtyard, and it also comes with large-format windows that offer pleasant views. The standout material used in the interiors on each floor is heraklith ceiling panels, the texture of which creates an interesting ambiance. There is a central reception, a friendly bistro, and a restaurant in the building, and tenants will appreciate the distinctive green roof of the multifunctional hall, where the new outdoor Evergreen cinema started screening movies this summer. It is possible to park in the complex’s courtyard.

The offices are move-in ready and require only minimal adjustments.

More information on the available office space for lease in the DOX + administrative building.

Offices for Lease in the DOX+ Complex | Svoboda & Williams

10. July 2020

Svoboda & Williams Mediated the Lease of the PRAGA Office & Garden Building

At the end of June, the Svoboda & Williams commercial leasing team successfully mediated the lease of the modern PRAGA Office & Garden building. The new leaseholder of the building’s 2,325 sq. m. total floor area is the Scott & Weber company, which will use the space to operate flexible offices and coworking.

PRAGA Office & Garden is part of the multifunctional PRAGA complex, which was created by M2 Real Estate. “Whenever we work on a new project we believe that its effectiveness, location, timelessness, and architecture is key. That’s why we went with the acclaimed ADNS architects studio and chose the Karlín neighborhood, which turned out to be the right decision. Thanks to Svoboda & Williams, we were able to pick from several potential leaseholders even in this difficult time,” adds Jan Štembera, Business Director of M2 Real Estate.

Scott & Weber, a company that has been operating flexible workspaces for a long time and currently runs 5 office centers, is leasing the entire building. “The agreement to lease the PRAGA Office & Garden building is a significant milestone for Scott & Weber. With 19,000 sq. m. of floor space, we are now the largest provider of flexible offices in Prague. Our space can be used by companies of various sizes and we now know that demand for private floors, a type of office we will be offering in the PRAGA Office & Garden building, is increasing. Private floors have their own entrance and corporate branding, and we also help clients find the right design and workplace strategy. On the building’s ground floor, there will be a community space—a prerequisite today. Tenants will be able to use the club and event space, enjoy the chic cafe with a professional barista, or book a room especially designed to tape podcasts, something that is very much in vogue at the moment,” says Adam Zvada, owner and CEO of Scott & Weber.

PRAGA Office & Garden | Svoboda & Williams

22. June 2020

All of the Apartments in the Hilleho 6 Premium Residential Project Have Successfully Been Sold

This June, Svoboda & Williams sold the last remaining apartment in the ambitious Hilleho 6 residential project. Offering premium living in the center of Brno, almost all of the units were sold by the end of 2019. Only one final attic apartment had to wait a little longer for its new owner. Twenty months after it launched, the sale was successfully closed.

The Hilleho 6 residence is a fully reconstructed Neo-Renaissance corner building located in the sought-after Brno neighborhood of Černá Pole. Spread out over five floors, most of its 17 high standard one-bedroom to three-bedroom units come with a balcony or terrace. The exceptional apartments and residence with a 1920s atmosphere have been upgraded with contemporary high-end comforts, showcasing the latest trends. “We have received positive feedback about the units in Hilleho 6 from our clients. Most owners moved into the apartments immediately and some purchased them as an investment. Two apartments are currently being rented,” said Tereza Štěrbová, head of the Brno branch of Svoboda & Williams.

Hilleho 6 | Svoboda & Williams

12. June 2020

Svoboda & Williams Has Been Exclusively Retained to Sell Apartments in the Schön Residence

Based on an exclusive instruction, the Svoboda & Williams real estate agency has launched the sale of apartments in the Schön Residence, an architecturally significant building designed by the architects Weinwurm and Vécsei that is currently being reconstructed. The Functionalist residence is located on Obchodná Street, close to the city center and with full civic amenities within easy reach.

The seven-floor residence is currently being completely renovated and should be move-in ready by the end of 2020. The first two floors will consist of office space and the basement will be turned into a parking garage. The Schön Residence offers 10 apartments with layouts that range from one-bedroom to two-bedroom units with floor areas from 43 sq. m. to 139 sq. m. All of the apartments will receive plenty of daylight thanks to their practically designed interiors, high ceilings, French windows, or balconies and terraces that overlook a courtyard. Noise-reducing aluminum windows will block out the sounds from Obchodná Street, creating a comfortable home environment, and the final standard of the apartments will include underfloor heating, a preparation for air-conditioning, and Sherlock security doors. Each apartment also comes with a cellar storage unit.

The multifunctional Schön building built in 1943 was designed by the renowned duo of Functionalist architects Friedrich Weinwurm and Ignác Vécsei as the first department store in Bratislava. Located on the upper part of Obchodná Street close to Hurbanovho Square, it therefore presents a unique opportunity to purchase property, the value of which is likely to increase once the street is completely revitalized. With services, urban amenities, restaurants, cafes, and historic Old Town at your fingertips, this is truly 21st century housing. With services, urban amenities, restaurants, cafes, and historic Old Town at your fingertips, this is truly 21st century housing. The combination of all these factors makes buying an apartment on Obchodná Street an ideal investment.

Murman property development together with architect Norbert Konrád are behind the reconstruction of the Schön building. Their goal was to preserve its original architectural style. The Murman company is interested in improving public spaces and has experience with reconstructing Functionalist buildings from their work on the Dunajská 1 residential project.

More information on the Schön Residence.

Svoboda & Williams Has Been Exclusively Retained to Sell Apartments in the Schön Residence

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