Vily Vysoký Újezd Praha-západ
Project introduction
The project comprises two serviced building plots with a building permit for the construction of two luxury villas intended for premium residential living in immediate proximity to the most prominent golf course in the Czech Republic and within a ~20 min driving distance from downtown Prague in a municipality with full civic amenities.
Project leverages double-digit growth of building plot prices within 20-30 min drive from Prague due to significant lack of supply and strong urbanism in Prague, exacerbated by changed preferences of population – work from home combined with suburban life.
Purchase of land took place in a situation where the previous owner was in a hurry to sell.
Key facts
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Location: Praha-západ
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Architect: Allchitecture
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Completion: 2026
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Gross development value: EUR ~1 mn
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Result: 2 serviced building plots in close proximity to Prague