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Building for sale for a hotel**** in Prague on the Vltava embankment near the Charles Bridge

HotelProfitable house

Sale of a property and a project for the construction of a hotel with the permission of the magistrate.

Sold

Price: 19 000 000 €
Praha Region:
Country: Czech republic

For sale of a luxurious historical building for a hotel with a fantastic location – the sunny side of the Vltava embankment just 500 meters from the Charles Bridge with a beautiful panorama of Prague Castle and Charles Bridge + hotel construction project + issued hotel building permit.

The administrative building known in Prague as the "House of Konstanjina Mráčka" is completely free and prepared for the rebuilding of the 4 star hotel. In the building, which is in excellent technical condition, currently only the Bellevue restaurant operates with a terrace on the ground floor and utility rooms in the semi-basement.

The building built in 1893-1897 is located at the intersection of the famous Smetanova Embankment (the main western facade) and Karolina Svetle Street, and the northern facade also overlooks the Charles Baths.

  • The building has 1 basement floor, 1 semi-basement floor, 6 above-ground floors, a corner observation tower and a small courtyard.
  • Total usable area of the object: 3758 m2. Volume: 18 029 m3

The site is part of the Prague Historical Reserve, which is included in the UNESCO World Cultural Heritage, but is not listed as a cultural monument.

In 1945, the building housed the high command of the Western Group of Forces of the Soviet Army. In the last 15 years, the building was used as an administrative center and for tourist accommodation.

Near the building there are the main tourist routes of Old Prague, there are 5 and 4-star hotels, restaurants, shops. 800 meters in the direction of the southern embankment is Narodni Divadlo – the main Czech theater – an analogue of the Russian Bolshoi Theater.

Four-star hotel construction project


Currently, a construction project has been developed in the building of a hotel category 4 ****, which has received the permission of the magistrate.

The hotel project provides the following accommodation:

  • Semi-basement and basement: fitness center with swimming pool, warehouses, restaurant kitchen, boiler room, elevators, staff locker rooms, technical rooms, service entrance from Karolina Svetle Street.
  • 1st floor: entrance and main hall, reception, restaurant, bar, lounge for breakfast and meetings, WC for guests, luggage room, utility rooms, administration office
  • 2nd – 5th floor: 14 rooms, utility rooms
  • 6th floor: 13 rooms, utility rooms

Total: 69 rooms (15 single twin and 54 double rooms) shared with a capacity of 123 beds.

The total capacity of the object after reconstruction:

  • 69 rooms with a capacity of 123 beds
  • Restaurant: 100 seats
  • Conference hall: 30-40 seats
  • Staff: 14 employees
  • Parking for 7 cars

After commissioning, the hotel intends to provide services at the level of international standard 4 **** with fitness center, swimming pool, air conditioning, restaurant with terrace for 100 seats, bar, etc.

Format of the transaction

Sale of 100% of the shares of the company – the owner or sale of the property

  • Price: 19 000 000 EUR
  • The price of our services is paid by the seller
  • Partial financing of the transaction up to 60% is possible
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