Live like a royal between Prague’s prestigious Hradčany and Břevnov districts

Few ever get the chance to live next door to a castle – let alone next to Prague Castle itself. A project currently on sale in Hradčany offers the opportunity to do just that – and for a surprisingly affordable price tag.

Renowned developer PSN is selling the last remaining apartments at its Myslbekova 15 project, a historic building on Myslbekova street undergoing sensitive renovation. Situated right next to Max van der Stoel park – one of Prague’s less-known outdoor gems – and just a stone’s throw from the storied Hradčany complex, it’s a remarkable opportunity to secure property in Prague’s most historic location.

From coronations to defenestrations, living in this area means walking in the footsteps of Czech leaders down the ages. There could be no more quintessentially “Prague” experience, so those interested should waste no time in enquiring about remaining space.

Take a stroll through Max van der Stoel park just over the road from Myslbekova 15, and wander through the streets in this special area between Hradčany and Břevnov, and you’ll probably be struck by the sense of quietness and peace. Despite being so close to Hradčanské náměstí, the tourist crowds don’t reach this part of the historic center.

“The area is calm and peaceful, offering a serene living environment despite being so close to tourist attractions,” says a PSN representative.

They continue: “The ‘genius loci’ here is characterized by the historic charm and cultural richness of the Hradčany area – including Prague Castle, Petřín and Strahov Monastery. The other side of the project, in Břevnov, is a typical area for families, featuring a lot of places for recreation, such as Kajetánka park and swimming pool, or Ladronka for sports enthusiasts.”

The richness of the area as a place to live can hardly be overstated. The Hradčany complex also includes the beautiful Loreta pilgrimage site and the imposing Černínský palác and adjoining garden, currently home to the Czech Foreign Ministry. 

This may well be the most picturesque area in all of Prague for simply strolling on a lazy weekend – on the other side of Max van der Stoel park lies the romantic, secluded Nový svět district of winding cobbled alleys and idyllic historic houses.

PSN is a renowned name in the Czech real estate sector – famous buildings and structures in its portfolio include, among others, the Dancing House and the Metronome on Letná park. The company’s strong track record in delivering high-quality living space that meets modern standards continues with the extensive renovation of Myslbekova 15.

This building, consisting of four storeys of apartments and one underground floor, houses a total of 13 living spaces. Apartment sizes range from 1+kk studio flats to spacious 3+1 family apartments. Each property includes cellar storage and benefits from shared amenities, including bike and stroller storage, a game room with ping-pong table, a rooftop terrace and a communal garden.

Apartments feature attractive wooden parquet flooring and neat finishes providing the ideal base for new residents to tailor interior designs to their taste.

“The renovation of the property involves a sensitive reconstruction including a new façade, insulation, designer lighting, the new game, stroller and bike rooms, and updates to the common areas. The result will revitalize the entire apartment block,” PSN’s representative explains.

The unique location and renovation makes Myslbekova 15 a tempting prospect both for buyers looking to live in the property, and for those seeking a rental investment opportunity. After all, the centrality of the location provides unbeatable benefits for both kinds of owner: the Prague Ring Road is just a one-minute drive away, while the nearest tram stop reachable in four minutes by foot.

Nearby amenities include the prestigious Jan Kepler Gymnasium, Parléřova Kindergarten, and various other respected educational institutions. In addition to the opportunities for jogging and walking provided by the area’s numerous parks, sports lovers will enjoy the Petynka outdoor swimming pool and the fitness center at the nearby Hotel Pyramida.

“This project is attractive for both permanent residents and investors seeking short-term or long-term rental income,” says PSN. Following renovation, all apartments in the building will have new owners, while PSN’s careful work on the property will minimize the need for future repair or maintenance works.

Remaining apartments are available for around CZK 7,500,000 for spacious 2+kk layouts, and around CZK 11,500,000 for a 3+1 space. As PSN is the direct owner of the property, buyers pay no commission, while strong financing options are available thanks to the developer’s long-term cooperation with Hypoasistent.

Myslbekova 15 represents a rare opportunity to secure home ownership in a location unlike any other. The chance to breathe in the incomparable history of the Hradčany area, while enjoying all the conveniences and attractions of modern city life on your doorstep, is an opportunity of truly royal proportions.