Apartment, Prague 1 – Old Town

ID: 0105_B62
  • 149 sqm

    Property
  • 5

    Floor
  • 3

    Beds
  • 3

    Baths
  • 20 047 500

    CZK

ABOUT

The 149 sqm three-bedroom apartment is situated on the fifth floor of the unique Palác Dlouhá project in the center of Prague. Dlouhá Palace in Prague’s Old Town district is synonymous with top quality residential housing. This recently reconstructed 1920s architectural marvel combine the building’s valuable historical features with the needs of modern living. Architects faced many challenges in restoring the architectural quality of the building and creating top-quality apartments while not detracting in any way from the palace’s historical value. The interiors of the building have undergone a complete redevelopment, in which everything has been changed except for the walls that are subject to heritage protection. Using the newest materials, the facade and roof have been returned to their splendour of eighty years ago. The entrance to the building serves as a good example of the sensitive way in which architects have balanced the demands of modern requirements and historical preservation. The wooden handrails on the staircase bannisters are original, the windows have been completely renovated, and the unique skylights in the arcade are also original.

Dlouhá Palace residents benefit from the comfort of underground parking spaces and 24/7 front desk. The public part of the property enhances the value of its residential units. Dlouhá Palace is known to most Prague citizens as the location of an eponymous theater, situated in the basement. The well-known Gurmet Pasáž (Gourmet Arcade), a sort of unofficial hub of Prague gastronomy, is also located on the premises. Dlouhá Street residents have access to the best of Prague stores, diners, cafés and restaurants just a few steps from their front doors.

Shell & Core

The sale of apartments in shell and core condition is relatively common elsewhere in the world, but in the Czech Republic is still quite rare. It means that each space sold is offered to the client as a shell, with no interior walls or partitions imposed, but with the inclusion of new entrance doors, replicas of original windows or renovated existing windows, and the provision of new services distributed to the boundary of each apartment. Walls and partitions are built in the apartments after purchase, wherever the new owners need them. It means that the new owner remains free to choose its internal layout as well as material selection.

Besides shell & core units, project gave rise to a premium suite in the classical style which accentuates the building’s Art Deco style and two super-standard suites prepared for immediate move in or rent.

HISTORY

The site on which Palác Dlouhá stands, bordered by Dlouhá, Hradební and Haštalská streets, has been an attractive residential area for Praguers since time immemorial. The first records of houses at this address come from the 14th century. A few decades later, the area around today’s Náměstí Republiky square was one of the fastest-developing parts of the city. Palác Dlouhá, in the form in which we know it today, took shape in the 20th century, in 1928 to be precise. It was built on the site of an original Baroque building, the only part of which to have been preserved is the facade of the two-story corner building facing Dlouhá street. The rest of the site was filled by a new building, designed by architect Paul Sydow and commissioned by entrepreneur Otomar Sušický. The ground plan takes the form of a letter E facing west, and the higher floors are served by four entrances with their own staircases and lifts. The most significant part of the palace is the arcade with its two atria, providing a place both to meet and rest.

LOCATION

Dlouhá Palace is situated in historical downtown Prague. The Old Town Square and Wenceslas Square are just a few minutes away on foot, as are Republic Square and both of Prague’s main railway stations. Unusual among properties in Prague’s historical Old Town, the building is easily accessible by car, with underground parking available in Dlouhá Palace itself, as well as in the nearby Kotva and Palladium shopping malls. A few minutes’ easy walk takes you to the platforms of all three metro lines and tram lines, which stop at the end of Dlouhá třída, close by the palace. Given the property’s location, the numerous cultural and social activities available in the vicinity probably require no elaboration. Highlights include the nearby Pařížská Street, boasting some of the most exclusive stores in Prague, as well Prague’s largest pedestrian street Na Příkopě, Vltava Riverside and Letná Park.

*interior visualisation in gallery are only illustrative and do not correspond with reality

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