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11 150 000 €

Hotel in Prague, Czech Republic, 1 sq.m

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  • Hotel in Prague, Czech Republic, 1 sq.m - picture 1
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  • Hotel in Prague, Czech Republic, 1 sq.m - picture 1
  • Property ID on Prian.info: 3433966
    Property ID on company's website: 8745
    Last update: 06.04.2023
    Number of views: 1464

11 150 000 €

Hotel in Prague, Czech Republic, 1 sq.m

1 sq.m

  • Property ID on Prian.info: 3433966
    Property ID on company's website: 8745
    Last update: 06.04.2023
    Number of views: 1464

Specifications

Sale price 11 150 000 €
Price per square meter 11 150 000 €
Floor area 1 sq.m
Construction phase Resale

Description

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).