Living on the Vltava: Explore a new luxury residential development in Smíchov

Smíchov, once known for its industrial past, has undergone a remarkable transformation over the last two decades. Today, it is a burgeoning cultural and commercial hub attracting locals and international investors. The neighborhood’s proximity to the river, its green spaces, and easy access to key Prague districts make it a desirable location for those seeking the best of both worlds: a serene environment with city life close by.

But the neighborhood’s popularity doesn’t just stem from its central location—it’s the combination of history and modernity that makes Smíchov unique. Alongside the growing number of contemporary developments like Pecháčkova 6, the area is home to cafés, restaurants, cultural venues like the Švandovo Theatre, and riverside promenades. This blend of old and new presents an increasingly dynamic lifestyle that attracts a varied crowd—from young professionals to long-time Prague residents.

Pecháčkova 6 itself is a study in contrasts. The building, once a neoclassical relic, has been restored to include all the hallmarks of a modern luxury residence: sleek interiors, custom glass lighting, and a range of amenities that cater to both comfort and convenience. The development offers 21 units, ranging from compact studios to larger apartments, with some boasting direct views of the Vltava River and Prague Castle. A relaxation garden, wellness area and sauna round out the amenities.

The building’s restoration speaks to a larger trend in Prague’s real estate market—preserving the city’s architectural legacy while accommodating the demands of modern living. According to local architects and urban planners, this balance between renovation and innovation is critical in maintaining Prague’s character while allowing for growth in a rapidly expanding city.

"The city is in a constant state of transformation," says JKH architects, a Prague-based atelier specializing in historical restorations. "The challenge is ensuring that new developments don’t erase what makes the city unique—Pecháčkova 6 is an example of how to balance the past and the present."

One of the standout features of Pecháčkova 6 is its location. Situated between the Vltava River and the Smíchov embankment, it offers access to both quiet green spaces and the city’s vibrant cultural scene. In particular, its proximity to the Anděl metro station and major tram lines makes it an attractive option for commuters. At the same time, the nearby Prague Ring Road ensures that drivers are well-connected to the rest of the city and beyond.

But location alone doesn’t account for the allure of Pecháčkova 6. The development taps into an increasing demand for luxury living in Prague, particularly among expats and investors. Many of the buyers are drawn to Smíchov’s rising status and the promise of an upscale lifestyle within walking distance of the city’s best bars, restaurants, and cultural venues.

For those seeking quieter moments, nearby parks like Portheimka and Sacre Coeur offer green spaces for relaxation or outdoor activities. The iconic Prague Castle and Lesser Town are within walking distance, providing easy access to the city’s cultural and historic landmarks.

Smíchov’s central location also ensures excellent connectivity. The Anděl metro station and multiple tram lines are within walking distance, providing quick access to the rest of the city. Additionally, the Prague Ring Road nearby offers straightforward routes for drivers.

The Smíchov area has evolved from its industrial roots into a vibrant cultural and commercial hub. Pecháčkova 6 residents will enjoy a dynamic mix of modern dining options, including Café Savoy for brunch, Khao for casual dinners, and Bockem for fine dining. The neighborhood also caters to cultural enthusiasts, with venues like the Švanda Theatre, Jazz Dock, and Mánes Exhibition Hall offering a range of performances and exhibitions.

Real estate experts point out that Pecháčkova 6 is part of a larger trend in Prague’s residential market, where there’s an increasing appetite for developments that offer both exclusivity and convenience. As Smíchov continues to gentrify, luxury residences in the area are becoming increasingly attractive to a specific demographic that values proximity to the city center but craves a quieter, less touristy environment.

“The demand for properties like Pecháčkova 6 speaks to a broader shift in Prague’s residential market,” says Jaroslav Macháč, PSN’s director of residential projects. “Buyers are seeking more than just square footage—they want a lifestyle, and Pecháčkova offers that in spades.”

Discover refined living at Pecháčkova 6—contact PSN today to explore available units and experience modern elegance in the heart of historic Smíchov.