Renovated Apartment for Sale in Central Prague (Ve Smečkách Street)

Real estate description

Hello there!

A property in the center of Prague, an ideal layout and excellent investment potential. This is exactly what this 2+1 apartment on Ve Smečkách Street offers, just a few steps from Wenceslas Square.

The apartment is located on the second floor of a brick building and underwent a complete renovation in 2017. Its greatest advantage is its current layout. It remains a single residential unit, but the interior has been arranged to allow two separate sections, connected by a shared entrance hallway, to be used or rented independently. Each section has its own kitchenette and bathroom, providing considerable flexibility from an investment perspective and allowing the owner to make better use of the rental potential of the property as a whole.

At the same time, the apartment can serve equally well as a comfortable home. If you would prefer to use the property in its original 2+1 layout again, it can be returned to this arrangement relatively easily. The second bathroom can remain as a welcome bonus and, as part of the bedroom, provide comfortable private facilities.

Floor plans with the dimensions of the individual rooms are available to give you the best possible idea of the space. As the apartment is currently being rented, a 3D scan (virtual tour) is also available for prospective buyers. You can therefore walk through the individual rooms, get a feel for the current arrangement and gain a very good understanding of the layout from the comfort of your own home before an in-person viewing.

The apartment is heated by its own electric boiler, while each of the two bathrooms has a separate water heater. The financial management of the building is another positive aspect. According to the information provided, the homeowners’ association has no debts or loans, has built up a strong financial reserve and is currently not planning any major renovations or repairs.

And then there is the address itself. Ve Smečkách Street in Prague 1 puts you right in the heart of the city, with Wenceslas Square literally around the corner. For owner-occupied living, you can enjoy central Prague with everything important within easy reach. From an investment perspective, the apartment benefits not only from its attractive address but also from its flexible layout.

Monthly service advances are currently set at 3.524 CZK including the repair fund. The service advances are calculated for 4 people. The monthly electricity advance payment is 4.930 CZK.

Please use the contact form or the listed telephone number to arrange a viewing.

The property can be financed with a mortgage. We will be happy to assist you with arranging the financing.

The building is exempt from the requirement to obtain an Energy Performance Certificate, and an EPC is therefore not available. For advertising purposes, energy class “G”, i.e. extremely inefficient, is stated.