The Billionaire Network is please to offer the W Hotel Prague For Sale
PROPERTY DETAILS:
Asking Price – €170 million
Status – In Renovation
Situated on Wenceslas Square, Prague, this luxury hotel offers a prime investment opportunity in one of Europe’s most iconic and vibrant cities. Originally built in 1889, the property underwent extensive Art Nouveau renovations between 1903 and 1905, adding to its historical and architectural significance.
The W Hotel Prague features 154 luxurious rooms, modern amenities, and state-of-the-art technology, including a keyless entry system. The hotel’s amenities include multiple restaurants, a rooftop bar with stunning views, an outdoor terrace, a fully equipped fitness center, and 350 square meters of flexible event space.
Foreign ownership permitted.
LOI and POF must be provided prior to further negotiations and viewing arrangements.
ABOUT PRAGUE
Prague, the capital of the Czech Republic, is a vibrant historical city known for its rich cultural heritage and architectural beauty. Located in Central Europe, it’s one of the continent’s most popular destinations for both tourists and business travelers. Wenceslas Square is a central hub in Prague, known for its cultural and economic significance, making it a strategic location for investment.
LIVING IN PRAGUE
Prague offers a blend of modern living and historical charm, with a stable economy, well-developed infrastructure, and a thriving tourism industry. The city is also home to numerous cultural landmarks, including Prague Castle, Charles Bridge, and the Old Town Square, making it a sought-after destination for travelers. It boasts an efficient public transport system, a high standard of living, and a business-friendly environment, ideal for real estate investments like W Hotel Prague.
Property Features
Prime Location: Wenceslas Square, a major city landmark
Historical Significance: Art Nouveau architecture and rich history
Tourism Project: Luxury hotel under renovation
Amenities: Rooftop bar, restaurants, fitness center, event space
Property Type: Hotel
Land Size: 17,000 square meters
For a full presentation by World Luxury Reality please view HERE
For more information please contact us ASAP