Find your dream apartment in Vinohrady, the ‘Soul of Prague’

Ask any Prague local about the best places to live in the city, and they’ll almost always mention Vinohrady. This district is Prague’s answer to Paris – tree lined streets flanked by elegant, historic apartment buildings, trendy cafes, restaurants with cuisines from around the world, and boutique stores.

Given rapid growth in Prague apartment prices over recent years – with average prices for vacant apartments in the city more than doubling over the past decade – home ownership in this coveted district has become something of a ‘holy grail’ for Czech and expat home seekers alike.

Renowned Czech real estate developer PSN has now launched sales of a project at Vinohradská 160, a stone’s throw from Flora metro station and just across the road from Olšanské cemetery. Expats.cz found out more about this exciting residential development in a glorious area which PSN calls “the soul of Prague.”

Vinohrady is a favorite among Prague locals because the area has it all: gorgeous buildings, a wealth of history, popular parks such as Riegrovy sady and Havlíčkovy sady, and a bustling urban culture in which a thriving expat community plays a major role.

PSN’s Vinohradská 160 project is the center of it all. Located just over the road from the historic Olšanské hřbitovy, four minutes‘ walk from the Flora shopping mall and cinema, and seven minutes away from the popular farmers‘ market at Jiřího z Poděbrad, it’s the ideal base for enjoying all that Vinohrady has to offer.

“In Vinohrady, you’ll find quality cafés, restaurants with dishes from all over the world, and cozy wine bars on every corner. At the same time, you’ll find peace and quiet away from the tourist crowds,” PSN describes.

Given the area’s wealth of parks and sports facilities, Vinohrady is also a great place for an active lifestyle – whether it’s jogging, playing tennis or swimming at Olšanská tennis center and pool, or working out at one of the many gyms close to the project.

It’s no wonder that the area is so popular among expats and Czechs, with one Time Out survey ranking Vinohrady among the world’s coolest neighborhoods.

Residents at Vinohradská 160 won’t just benefit from all that the neighborhood has to offer, but also from services and amenities within the development itself. A dedicated concierge service is on-hand for day-to-day necessities, such as collecting deliveries or letting in visitors. All residents will enjoy access to a brand-new sauna and shared courtyard with newly planted trees, shrubs and grass, fully equipped with BBQ and seating areas for social gatherings.

PSN describes how “residents will be able to grow their own herbs or tomatoes in the raised beds.” Delightful summer evenings shared with fellow residents and visitors will meanwhile foster familiarity and friendship – each apartment in the house will be owner-occupied, ensuring a close-knit sense of community.

The apartments themselves are defined by understated elegance, each containing new parquet flooring, walnut-wood doors, designer cut glass chandeliers, brushed bronze metal elements and modern building materials.

“Each apartment features new interior and entrance doors and completely new electrical wiring. A model unit is available for interested home seekers to check out the options for how to arrange their new apartment,” PSN explains.

The Vinohradská 160 development consists of 23 residential units and three non-residential spaces across seven floors. Apartment sizes range from 1+kk spaces to 3+kk homes, spanning as much as 116 sqm of interior space. The smallest apartments in the building are on sale for around CZK 7,200,000, while the largest are going for CZK 20,000,000. Each apartment comes with its own cellar storage area.

PSN “expects that some of the units will be owned by expats”, pointing out that the variety of spaces delivered by the project will appeal to families, working couples and investors alike.

Expats face no barriers to purchasing an apartment at Vinohradská 160, with non-EU citizens equally able to become owners of a unit. What’s more, attractive financing options enabled by PSN expand the possibility of home ownership to a wider public. Cooperation with Hypoasistent, a partner of 16 banks, enables individual discounts on mortgage interest rates and fees, including free mortgage loan preparation and a free property valuation.

As PSN is the direct owner of the entire property, whether you pay entirely from your own resources or take out a mortgage, you won’t pay any commission for the purchase.

This ease of purchase may be the icing on the cake for those seeking a modern, stylish home in the beating heart of Prague. Vinohrady life is what many Czechs and expats dream of, and at Vinohradská 160, that dream becomes a reality.