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10 099 000 €

Commercial apartment building in Prague, Czech Republic, 1 831 sq.m

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  • Commercial apartment building in Prague, Czech Republic, 1 831 sq.m - picture 1
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  • Commercial apartment building in Prague, Czech Republic, 1 831 sq.m - picture 1
  • Property ID on Prian.info: 3657023
    Property ID on company's website: 531
    Last update: 19.02.2024
    Number of views: 934

10 099 000 €

Commercial apartment building in Prague, Czech Republic, 1 831 sq.m

1831 sq.m

  • Property ID on Prian.info: 3657023
    Property ID on company's website: 531
    Last update: 19.02.2024
    Number of views: 934

Specifications

Sale price 10 099 000 €
Price per square meter 5 515.57 €
Floor area 1 831 sq.m
Construction phase Resale

Description

We offer you an apartment house in the center of Prague

Vyšehradská 26 was built as a residential building at the end of the 19th century. It has been completely renovated so that it can be used as a short-term tourist accommodation facility. There are 20 residential units and 4 non-residential premises in total. Of these, 1 unit serves as an office for administration and reception, and 23 units are used for living. All units are fully equipped. There are 21 parking spaces.

For the last ten years, the building has been rented on a short-term basis. The average rental income before Covid was about 950,000 euros per year. Currently, 50% of the house is leased for a long-term lease for up to one year. The other half is still rented to tourists.

Vyšehradská 26 is located in the center of Prague in the Prague 2 - New Place district. It is located near the famous Gehry Dancing House by the river. It is a 3-minute walk from Karlovo náměstí Metro Station. Wenceslas Square and Charles Bridge can be reached on foot in 15 minutes. The Botanical Garden tram stop is just 50 m from the house.