Apartment building

This corner building from the turn of the 19th and 20th centuries with parking and a potential net floor area of 3,540 m2 stands in an exclusive location in the wider city center, in a popular part of Prague 7 on Letná. A valid building permit has been issued for the property, enabling the construction of 74 residential units and 19 garage spaces.

Key investment criteria

  • valid building permit for a change of building use to an apartment building, construction of a 2-story extension and addition of a courtyard tract (incl. expanding the number of parking spaces)
  • gross floor area 4,428 m2
  • net floor area of the residential units after the extension is 3,540 m2
  • area of balconies and terraces 136.8 m2
  • number of units is 74: 62 apartments, 12 semi-residential units
  • currently 10 outdoor parking spaces in the courtyard, after reconstruction 19 garage spaces
  • one of the best places in Prague on Letná, on the corner of two side streets in close proximity to Letná Park
  • sale of the company (share deal)

Property description

  • brick building from 1900
  • currently 1 underground and 5 above-ground floors
  • central gas boiler heating
  • built-up area 800 m2
  • plot of land 1,058 m2

The building is part of a heritage-protected area in the wider center of Prague, located in a classic development of historic apartment buildings. The area is excellently accessible—a tram stop with many connections is only a 2-minute walk away, the Hradčanská (line A) and Vltavská (line C) metro stations are 5 minutes away by tram. Commuters by car will appreciate the proximity of a tunnel complex. The building is right next to the Letná and Stromovka parks, so the area provides many opportunities for outdoor sports and relaxation. The neighborhood is also full of restaurants, cafes and bistros, and a post office, supermarket, and smaller shops are nearby (farm produce shops, drugstores, clothes, etc.).

Overview table

  • Reference number
  • Selling price
    Price upon request
  • Building's net floor area
    3 540 m²
  • Garage
  • Building's gross floor area
    4 428 m²
  • Built-up area
    800 m²
  • Plot
    1 058 m²
  • Parking
    19 garage parking spaces
  • Basement
  • Building Energy Rating
  • Download

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The data presented in this listing is purely informative in nature and does not constitute an offer in the sense of § 1731 or § 1732 of the Civil Code, nor is it a public promise pursuant to § 1733 of the Civil Code. The offer also does not give rise to anyone’s entitlement to a contract. SVOBODA & WILLIAMS s.r.o. only mediates the information gained in good faith from the owner of the property and therefore bears no responsibility for its accuracy or completeness, nor is it authorized to conclude any type of sales contract pertaining to the property on behalf of the owner.
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