Sokolská
The “ČD Sokolská” project is an apartment hotel gaining relevance during the tourism recovery period in Prague after the pandemic. We are working on creating a cozy and welcoming accommodation for travelers who are rediscovering the beauty of this magnificent city. It presents an interesting and promising opportunity in the hotel industry segment, considering the growing interest in tourism in Prague and the continuously rising property rental prices.
The “ČD Sokolská” project is a residential building converted into an apartment hotel in the historical center of Prague (Prague 2), located 800 meters from Wenceslas Square. It includes 37 apartments and 3 non-residential (commercial) spaces.
Properties in this area have always been in demand by both locals and tourists. Historically, property prices in this area have been increasing, and as statistical data shows, there has been a growth in property prices in the Czech Republic in recent years, especially in Prague. The same trend can be observed in rental prices.
The primary goal of the “ČD Sokolská” project is to generate profit by utilizing this exclusive property in the historical center of Prague.
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