Luxury Apartment in Prague for Sale

  • Floor area: Three-bedroom apartment 115,9 m², private terrace 9 m² + storage 1.9 m². I recommend that you view this beautiful place.
  • Location: Prague - Vinohrady, Libická Street 1832/5

I am the owner and I offer an extraordinary three-bedroom apartment in a luxurious location in Vinohrady. It has a wonderful view and excellent accessibility to all areas of Prague using the metro, tram, or bus (4 minutes’ walk to metro/tram Flora / JZP). Within walking distance of Riegrovy sady and Heroldovy sady. School in the same street. All civic amenities within easy reach. Suitable for a family, as an investment, or as a luxury executive apartment.

This is a loft in a historical pre-war apartment building which has undergone complete renovation, including an elevator. Thanks to this, the operating costs are low.

The apartment is oriented to the southwest. On the 6th floor there is a hallway with a beautiful, wide, wooden staircase and on the 7th floor there is another hallway offering a wide range of uses as well as a dressing room, a living room with a dining room and kitchenette, a bedroom, another room, a separate toilet, a bathroom with a corner bath and shower, and another toilet. The terrace is accessible from the main room and bedroom.

Your own gas water heater, air conditioning, aluminum roller security shutters, awning, security entrance door, CCTV system throughout the building.

One of the many advantages of the apartment is the private terrace with a view of the Zizkov and Petrin towers, the Church of the Sacred Heart of Our Lord and the top of St. Vitus's Cathedral at Prague Castle. Another advantage is the silence, because all the windows face a beautiful courtyard of buildings typical for Vinohrady.

The apartment is equipped with a kitchenette with an induction stove, dishwasher, and American fridge. Furniture by agreement.

You have the option to buy a garage in the courtyard!

Real estate agents, please do NOT contact me!

Parameters

  • Energy performance of the building: Class C - Energy efficient
  • Operating costs: 4.230 CZK / month
  • Ownership: Private Property
  • Location of the building: Centre of the City
  • Floors: 7th floor out of 8 including 1 underground
  • Apartment type: Duplex
  • Loft conversion: YES
  • Elevator: YES
  • Barrier-free: NO
  • Construction: Brick
  • Condition of the building: Very good
  • Heating: Central gas heating
  • Gas: Individual
  • Water: Remote water supply
  • Waste: Public sewerage
  • Electricity: 230V / 380V
  • Telecommunications: Internet, Cable TV
  • Furtinute:Partially
  • Transport: Train, Highway, Road, Public transport, Bus
  • Communication: Asphalt

Areas / Dimesions

  • Usable area: 125 m²
  • Floor area: 116 m²
  • Private terrace: 9 m²
  • Storage: 2 m²

Rooms and their floor areas:

  • entrance: 3.09 m²
  • staircase: 7.86 m²
  • stairs: 8.16 m²
  • corridor: 21.31 m²
  • living room: 26.23 m²
  • room: 15.41 m²
  • private terrace: 9.0 m²
  • room: 15.63 m²
  • toilet: 1.28 m²
  • bathroom: 8.92 m²
  • dressing room: 8.09 m²

Total price

16 500 000 CZK for the property

Can Foreigners Buy Real Estate in the Czech Republic?
What are the conditions for Getting a Mortgage?

Foreigners looking to purchase real estate in the Czech Republic may wonder about their eligibility to buy property and obtain a mortgage in the country. The good news is that foreign nationals are generally allowed to buy real estate in the Czech Republic without restrictions, whether it's residential or commercial property. However, there are some restrictions on agricultural land purchases, as they require special permits from the relevant authorities.

Once you have found a property that suits your needs, you can explore the possibility of getting a mortgage to finance the purchase. While the process can be more challenging for foreigners when compared to Czech citizens, understanding the conditions and requirements can make it smoother.

To be eligible for a Czech mortgage, foreign nationals must meet certain criteria. These conditions include having legal residency in the Czech Republic, which can be temporary, long-term, or permanent. It's important to note that third-country nationals generally need permanent residency to apply for a mortgage, while some banks might accept temporary or long-term residency in certain cases.

Having a stable income and a good credit history is crucial for mortgage approval. Banks will evaluate your financial standing to ensure you can afford the monthly mortgage payments. A down payment of at least 10% is typically required, but a higher down payment can increase your chances of approval and lead to better interest rates.

It's worth mentioning that while foreign nationals can buy property and obtain mortgages, they might face slightly stricter conditions than Czech citizens. Some banks might have specific policies and requirements for foreigners, so it's essential to research and compare different options.

Foreign investors often find the Czech real estate market attractive due to its stability, affordable prices, and potential for growth. The process of buying property and obtaining a mortgage might require some additional paperwork and steps for foreign nationals, but with the right preparation and assistance, it can be a rewarding investment opportunity. If you're considering purchasing real estate in the Czech Republic, it's advisable to consult with a local lawyer and a mortgage broker who can guide you through the process and help you make informed decisions.

Documents for download

If you are interested in more detailed information regarding this offer, there is an information package available to download in .pdf format, which includes floor plans of the apartment, the Energy Performance Certificate of the building (including the relevant protocol), and an extract from the Land Registry with information about the ownership of the apartment.

Download PDF

Local accessibility:

By tram: The Orionka TRAM stop on Korunni Street is a 2-minute walk away and trams take you to the center via Namesti Miru to I.P. Pavlova, Andel, and possibly further. The Radhostska TRAM stop on Vinohradska Street is a 3-minute walk away and trams take you to the center via Muzeum and possibly further to Sporilov. In the opposite direction, towards Flora, you can go to Dablice.

By Metro: The Flora metro station (line A) is located about 4 minutes away on foot with a convenient entrance from Jicinska street, which is perpendicular to Vinohradska street. At the end of 2023, a new entrance to the Metro at Namesti Jiriho z Podebrad - JZP (line A) will be completed; this station is about a 5-minute walk away. This Metro station will have wheelchair accessibility after the completion of the renovation.

By car: Libicka Street is one-way from Korunni Street. It is very easy to get to the D1 highway in about 12 minutes or the D8 highway in about 15 minutes. Vaclav Havel Airport can be reached by car from this location in about 35 minutes. The historic city center can be reached by car in a few minutes.