Villa (Vila) - House for sale in Karlovy Vary

Description

Summary

An extraordinary investment opportunity in one of Europe’s most prestigious spa destinations — Karlovy Vary.

Positioned in an unparalleled location directly opposite the iconic Grandhotel Pupp, adjacent to the serene Sady Karla IV park and just a 5-minute walk from the renowned Vřídelní kolonáda, this property represents a rare fusion of prestige, scale, and versatility.

Layout

A distinguished 6-storey hotel and apartment residence offering a seamless blend of hospitality and private living:

10 fully equipped luxury apartments

Elegant restaurant, bar & professional main kitchen

Private wellness & spa zone including pool, rehabilitation and massage facilities

Elevator (newly installed in 2021)

Technical and service facilities

With breathtaking views of the Grandhotel Pupp and the Teplá River from the majority of rooms, the property delivers an authentic Karlovy Vary experience at the highest level.

The property offers a total area of 1,425 m², thoughtfully designed to combine residential and hospitality functions.

Apartments: 1,000 m²

Restaurant: 100 m²

Wellness & pool: 90 m²

Common & technical areas: approx. 235 m²

Furnishing

The interiors are fully furnished with hand-picked italian furniture and decorations, with both apartment kitchens and the main restaurant kitchen completely equipped and ready for immediate use. The building is powered by an efficient heat pump system, ensuring modern and sustainable operation.

Although the hotel has temporarily been taken out of operation, it has been continuously maintained, heated, and preserved in excellent condition. Amongs the capital investment required include pool renovation (~500,000 CZK) and light cosmetic improvements (painting, detailing). Reconstruction permit has been issued and activated to possibly increase the number of units.

Conditions

This is a highly versatile asset suited for a range of premium strategies:

✔ Immediate operation as a boutique hotel or serviced residence

✔ Conversion into high-end private apartments

✔ Strong long-term value in a stable luxury market

For further information and a tour, please do not hesitate to contact us.