This turn-of-the-17th-and-18th-century house featuring a unique terraced garden located directly beneath Prague Castle, in a prime location on Nerudova Street, part of the Royal Route. This extensive terraced Baroque townhouse, with a valid building permit in place, is designated for complete reconstruction.
Key investment criteria
Key investment criteria
- future net floor area: 3,097 m2
- future residential area: 778 m2 (14 apartments)
- future non-residential area: 1,480 m2, of which rooftop terrace 510 m2 - total land area: 1,298 m2
- built-up area: 892 m2
- 2 retail units on the ground floor (total 56 m2)
- zoning designation: general residential use ("OV")
- transaction structure: share deal
- heritage status: listed cultural monument
- valid building permit issued
- property suitable for long-term and short-term accommodation (hotel) with a restaurant
*stated areas are based on the valid building permit
Property description
- heritage-protected building with an attic and two side wings
two courtyards - impressive vaulted cellar spaces in the slope beneath the castle ramp
- terraced garden with panoramic views of Prague
- high Baroque street façade facing southwest
- the building was constructed by wine merchant Jáchym Ludvík Dimpf to a high standard for its time, as one of the few Baroque “new-builds” among other Malá Strana houses
- currently in a pre-reconstruction condition.
Location
Exceptionally located in Malá Strana with a unique atmosphere directly below Prague Castle, Nerudova Street is part of the Royal Route, and within walking distance is Malostranské Square, Charles Bridge, Kampa, and Petřín. The area is highly sought-after for its historic atmosphere, high concentration of tourism, and stable demand for both short-term and long-term rentals. In the immediate vicinity, there is a wide selection of renowned restaurants, cafés, galleries, and boutique shops. Public transport is provided by tram lines, and the nearest metro station is Malostranská.
Facilities
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Terrace
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Cellar