This elegant residential building with 16 renovated units and an established restaurant on the ground floor is located in the highly sought-after area of Prague 5 – Smíchov. The stable monthly yield represents an ideal investment for protecting and appreciating capital.
Key investment criteria
Key investment criteria
- total gross floor area: 1,530.3 m²
- current net floor area: 1,341.8 m²
- floor area of residential units: 959.9 m² (16 units)
- floor area of commercial units: 357.1 m²
- floor area of balconies: 3.5 m²
- floor area of storage and utility rooms: 22.2 m²
- floor area of common areas: 188.5 m² (not included in the net floor area)
- land plot size: 352 m²
- current number of units: 16 residential units and 1 commercial unit with a restaurant operation
- current monthly income: CZK 497,070
- transaction structure: share deal
- Anděl metro station within walking distance
Property description
- corner building after a complete renovation in 2017, combining historic character with modern residential standards
- carefully preserved historic façade with classical stucco details and prominent arched storefront windows at street level
- 4 above-ground floors, residential attic, and 1 underground floor
- restaurant located on the ground floor and basement level, benefiting from excellent visibility and proximity to public transport stops
- 16 fully renovated residential units
- apartment standards include wooden floors, kitchen units with premium appliances, elegant bathrooms, large-format tiles, well-designed storage spaces including integrated washing machines in built-in wardrobes, industrial wallpapers, and modern lighting
- elevator
Location
The property is situated in the popular Prague district of Smíchov, near Portheimka Park and just a few minutes’ walk from the Anděl metro station, tram stops, and the Na Knížecí bus terminal. The immediate surroundings offer full civic amenities, including cafés, restaurants, bistros, fitness centers, medical facilities, banks, and other everyday services. Within walking distance is also the Nový Smíchov shopping center, offering a wide selection of shops and restaurants, as well as two multiplex cinemas.
Facilities
-
Elevator
-
Balcony