Apartment building for sale, 397m 2 Praha

An exceptional opportunity to acquire a rare Functionalist villa designed by renowned architect Ladislav Machoň. Built in 1929, this architectural masterpiece offers a unique genius loci, panoramic views, and outstanding flexibility of use in one of Prague’s most prestigious residential districts.
Located in Prague 5 – Smíchov (Ke Klimentce Street), the villa sits in a quiet one-way street surrounded by greenery, while remaining within minutes of the city center. Directly behind the house lies the Skalka Natural Monument, providing privacy, tranquility, and immediate access to nature.
Originally built for General Kamil Holý, a distinguished figure of the First Czechoslovak Republic, the villa carries significant historical and cultural value. Machoň’s design combines elegant Art Deco elements with the clean lines of Functionalism, featuring large windows, thoughtful proportions, and a strong connection between interior and exterior.
The property stands on a 1,337 m² plot, including a terraced garden of over 1,100 m² with breathtaking views over surrounding villas. The garden resembles a private park, featuring an apple orchard, cherry tree, and mature walnut tree, offering complete privacy and numerous spaces for relaxation or entertaining.
With an interior area of approximately 343 m² across four floors, plus a 54 m² roof terrace, the villa provides exceptional flexibility. It can be converted into up to ten smaller luxury apartments, making it an attractive investment opportunity, or adapted into a multi-generational family residence or representative company headquarters. The property is ready for renovation, allowing the future owner to fully tailor the interior while preserving original architectural details.
Parking is unusually generous for a historic villa: an existing garage, space for multiple additional parking spots, and the potential for another garage or carport on the upper part of the plot.
This is a rare architectural and investment opportunity combining historical significance, a prestigious location, and exceptional development potential. A true First Republic gem offered off-market.
For more information, please contact the NESTERA team.