Jarní, Karlovy Vary - Karlovy Vary

House

We offer for sale an established apartment hotel located at one of the most prestigious addresses in Karlovy Vary, in an exclusive district of historic villas dating from the turn of the 19th and 20th centuries, directly above the Vřídelní Colonnade. This investment property with a yield potential features its own wellness facilities, outdoor heated pool, a restaurant with modern kitchen, a garden with mature greenery, and on-site parking.

Key investment criteria

total floor area: approx. 989.5 m²
built-up area: approx. 293 m² (building) + 43 m² (pool)
plot: approx. 1,366 m²
14 accommodation units: studios and apartments, most featuring a private kitchen and balcony
1 full-fledged apartment on the top floor, which can be utilized as an upscale premium suite
Conversion potential into an apartment building (Rental housing project)
historic building from 1926 designed by the renowned Czech architect Rudolf Wels (creator of the Moser Glassworks)
professionally operated, investment-oriented aparthotel with excellent ratings on leading accommodation platforms
combination of hotel operation and apartment concept suitable for both short- and medium-term stays
attractive additional services: wellness facilities, breakfast
stable location with year-round tourist demand
potential for yield optimization (ADR/occupancy)
brick construction with reinforced concrete ceiling structures
complete reconstruction of the building in 2016
approved for use as an accommodation facility
form of sale: asset deal

Property description

civic amenities building—accommodation facility—on its own land with no registered liens
elegant reception with a bar and back-of-house facilities
total capacity: 44 persons
bed configuration: 32 fixed beds + 12 extra beds
number of rooms: 14 double rooms and 1 large apartment
breakfast buffet area + kitchen
wellness facilities: sauna, outdoor heated pool measuring 9 × 4 m
common areas: lounge, terrace, garden
parking: 9 parking spaces

Location

This prestigious villa district is set in a very tranquil elevated area above the Teplá River valley, offering views of the surrounding forested hills. The colonnade, Vřídlo hot spring, and Municipal Theater are all just a few minutes away. In the opposite direction, a unique funicular railway connects Divadelní Square with the nearby Imperial hotel. The surrounding area is interwoven with walking trails leading to well-known viewpoints such as the Charles IV Viewpoint and Jelení skok. The city center is less than 4 km away, and the Karlovy Vary International Airport can be reached in approximately 10 minutes by car.