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11 150 000 €
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11 150 000 €
4(S) Neo-Renaissance Hotel Complex
General Description
This elegant 4****(S) hotel complex, consisting of two connected buildings, is officially operated under two different hotel names. The buildings were built in extravagant Art Nouveau style and modernized in 2011. The hotel complex is located in Prague’s center, only 6 minutes walking distance from the nearest underground station. Numerous sights are easily reached on foot.
The bright rooms with a view of the city or garden are traditionally furnished and offer the best comfort. The suites have an additional living area, while the 2-bedroom flats have a living room.
Various international restaurants, as well as banks and supermarkets are in the immediate vicinity. It is suitable as a family hotel as well as a fair and conference hotel.
Hotel facts
| Number of stars | 4**** and 4****S |
| Number of rooms and suites Hotel 1 | 45 |
| Number of rooms and suites Hotel 2 |
25 possibility for eight additional rooms |
| Occupancy rate | The average occupancy rate in recent years is 85% |
| Purchase price | € 11.150.000 (price for both hotels) |
| Operator contract | Operator free |
| Type of takeover | Asset Deal |
| Broker's commission | 2% plus VAT (buyer) |
Further information about this object can be obtained by signing a Non-Disclosure Agreement (NDA) or by submitting a Letter of Intent (LOI).