The luxury segment, comprising unusual properties in prestigious locations, forms a distinctive part of the residential market. And it has its own special requirements. Properties that are the focus of our real estate agency Luxent - Exclusive Properties require professional brokers with perfect knowledge of the specifics of this market. They will now take you on an excursion into the world of exclusive real estate with a few selected, untouched gems!
In our geographic conditions, the adjective "luxury" used to mean anything expensive, which made its value and uniqueness obvious. "Fortunately, it seems that the times when the expression of luxury were buildings that were ostentatious, demonstrating the wealth and often the tastelessness of the owner, are gone. As Czech society moves on, becomes richer and gains experience from other parts of the world, ideas about architecture, building, the way of living and the needs of life in general are also changing. And so the view of what is truly luxurious in the sense of unique and exceptional is also changing. Relative to real estate, we do not expect any innovations - the key values are mainly the location, architecture and thoughtfulness of the building, the quality of the materials used and their processing or the solution of technology. Equally important is the micro-locality, i.e. the immediate surroundings, which have a major impact on the quality of use of the property. This includes factors such as neighbours, type of development, traffic load parameters, noise, emissions, etc.," explains Jiří Kučera, director of Luxent - Exclusive Properties.
When it comes to financing these properties, the more expensive it is, the more likely it is to be bought without a loan. There is a clear tendency for buyers to save cash in real estate: in the higher segment, according to our data, the share of purchases financed with a mortgage is only 10 to 15%. The share of investment purchases generally exceeds 30%; however, this value varies depending on the type of property.
Now you can take a look at some truly exclusive properties with us!
One of them is the castle in Světlá nad Sázavou in the landscape of the Bohemian-Moravian Highlands from the end of the 14th century. The complex, about 100 km from Prague, today offers 5,500 m2 of usable space on two floors and together with the adjacent English park with a cascade of ponds and bridges with an area of about 16,000 m2 forms a dominant feature of the locality. It received an Honorable Mention from the professional community for its significant contribution to tangible cultural heritage in 2020, specifically for its overall restoration and revitalization. "In addition to the two unique tour routes of the Exposition of Historical European Glass, as well as the Exposition of Historical Clocks, Baroque Paintings, Polychrome Sculptures and Figurative Porcelain, there are permanent and seasonal exhibitions," says broker Lenka Munter, adding: "The current owners also rent out the chateau's premises for concerts, weddings, small and large celebrations and music festivals, making it a key cultural centre for the region." You will appreciate this building with 650 years of history especially for its versatile potential - you can build here a refined hotel with wellness and restaurant, a rehabilitation centre or just a private family residence with limited operation of a part of the castle according to your wishes.
The water tower in Prague-Libeň will also provide you with unconventional living. The technical monument from 1904 was converted into a unique 3 bedroom apartment of 223 m2. On the plot of 1,268 m2 lies, among other things, an underground relaxation center with a prepared space for a swimming pool and sauna, including a wine cellar with a vaulted ceiling and a garage for 8 cars. In the duplex living area located in the newly built tambour of the tower, you will surely love the unique panoramic 360° view of the whole of Prague. "This is a very specific exclusive property that will become a unique challenge for you. The meticulously prepared rough construction offers a unique architectural design that invites original interior design. The location also guarantees excellent civic amenities and transport accessibility," says broker Pavla Kalousová.
A unique historical property for sale is also the Art Nouveau villa Helenka. It was built in Prague's Malvazinky district by architect Alois Korda in 1903 for his own use. Painter František Kobliha took care of the decoration of the facade with floral patterns and sundial. Today, on a usable area of 715 m2 on five floors you will find a total of twenty originally designed rooms, in the attic there is a luxurious duplex with a terrace and a designer interior. The iconic tower with its full moon windows and flat roof houses the study. "One of the gems of our portfolio, the Art Nouveau Villa Helenka is unique not only in its architecture but also in its multifunctionality. It is suitable for residential as well as commercial use, serving for example as a company headquarters or a design hotel," says broker Šárka Tichá, adding, "This is a truly unique opportunity, as luxury villas for sale in this location are rarely available. This building is also considered part of the Czech cultural heritage."
The popular properties also include First Republic villa for sale near Prague, which was used by the Prague elite as summer residence. A sensitively reconstructed house from 1926, 226 m2 in size, is standing on a rock by the Sázava River in the village of Chocerady. It is characterised, for example, by its well-made or restored joinery elements or the classical stove in the dining room.
As far as historic properties are concerned, they represent a truly unique part of the real estate market, according to the director of the real estate agency Luxent - Exclusive Properties, "By their very nature, they are unique objects that require a specific approach of the owner and large investments. But in return, they usually provide a unique location and the feelings and experiences associated with history. Often buyers are also pleased that they are contributing to the preservation of a cultural asset by caring for it. Owners of historic properties usually have a strong attachment to them and the decision to sell is therefore often a painful one. So they are usually very concerned about who becomes the new owner. The mediation of the sale of monuments is in itself complicated also in terms of the requirements for orientation in the field of conservation and preservation. Our brokers have, among other things, a deep knowledge of history and art, which allows them to better communicate with those interested in this type of property."
According to Jiří Kučera, the demand for specific properties has been growing recently: "More and more people are investing in properties that are unique, irreplaceable and cannot be replicated. It's a very diverse mix of properties: from first-republic villas with matching gardens in prestigious neighbourhoods to cottages in the countryside with beautiful views to technical and historical monuments. Other properties often in demand are properties suitable for second homes."
The interest in holiday housing that began last year continues this year and according to experts from Luxent - Exclusive Properties, this increased demand will not leave us easily. The primary motive of the current buyers is to use it for their own needs. They want to own a property outside the city where they can come at any time and live fully for virtually any length of time.
An example of such a building is a listed timbered house from the late 19th century in Velká Úpa. The property of 300 m2 includes a plot of 3 166 m2. And if you do not desire a historical building, you can get a luxurious modern second home in the new development project Molo Lipno Resort right on the shore of Lake Lipno! The complex, which will be dominated by a 150-metre-long wooden pier with a heated swimming pool, will offer 87 exclusive apartments and penthouses and the premium services of a five-star hotel.
Increasingly, however, Czechs are also looking for luxury properties abroad. Popular destinations include mainly seaside resorts, led by Spain or the United Arab Emirates. Luxent - Exclusive Properties real estate agency in these areas offers, for example, a 4 bedroom penthouse with a total area of 710 m2 located on the top floor of the Sky Villa - Malaga residential complex in Spain. Sea and mountain views can be enjoyed from the glass terrace with private hot tub!
We are also selling second homes from 400 sqm with high loft-style ceilings in the One Palm project under construction on the Palm Jumeirah island in Dubai. In addition to the residence's superior amenities, which include a garden, private beach, several swimming pools, spa and fitness centres, cinema and private yacht pier, a wide range of leisure activities in the vicinity, such as diving, golf course or water park, will ensure your active relaxation.
Of course, you will also find other gems in our portfolio, such as unique family villas or the most luxurious apartments in Prague - we will be happy to introduce them to you personally over a cup of coffee or tea in our Luxent - Exclusive Properties office at Pařížská 28, Prague 1!
Life & style
1. 11. 2022
In a renovated apartment building in Prague 8, an intimate project consisting of five duplex apartments of up to 233 m2 was created, in which elements of the historic roof were preserved. The units are completed and ready to move in. Their exclusive sale is handled by our real estate agency Luxent - Exclusive Properties.
17. 10. 2022
The chamber project Lofty Anděl includes three exclusive apartments ranging from 104 to 138 m2. They are located on the fifth floor of a renovated corner building in Prague 5 and are in loft style. The original design of each of them reflects a different design - industrial, art deco or minimalist. They can become your new home at the end of this year. The sale of luxury apartments is exclusively handled by our real estate agency Luxent - Exclusive Properties.
6. 10. 2022
The development project Rezidence Nad Černými lesy, located 30 km from Prague in Kostelec nad Černými lesy, offers 32 design apartments for sale. Exclusive sale of apartments with terrace, balcony or front garden is offered by real estate agency Luxent - Exclusive Properties.
30. 6. 2022
The interest in holiday properties in the country is not waning. However, their supply is completely insufficient after almost two years of boom. This, together with the rising price of building materials and labour, is reflected in their high prices. The new project Apartments Albeřice with 11 design units, which is growing in the mountain village of Horní Maršov - Dolní Albeřice in the Krkonoše Mountains, should help to satisfy the enormous demand. The exclusive sale of luxury apartments has now been launched by our real estate agency Luxent - Exclusive Properties! The construction of the low-rise building is expected to start towards the end of this year, with completion planned for the 4th quarter of next year.
16. 5. 2022
Are you dreaming of a new exclusive property near Prague, but at the same time close to nature? Now we have launched the sale of luxury houses in the second phase of the development project Březový háj, which is growing in the village of Předboj. It includes 4 original family villas of 6+kk and 7+kk with gardens, terraces and swimming pools - and their construction has already started! Despite the situation on the real estate market, where, among other things, prices are rising due to a shortage of building materials, interest in the project is huge. Of the sixteen houses in the first phase, only the last one is currently available for purchase. Their implementation will be completed at the turn of this spring and summer, and the entire project with the second phase should be completed in the summer of 2023.
9. 5. 2022
The steep rise in real estate prices, the rising cost of mortgages and the deterioration of their availability, inflation, the rise in prices of building materials and the shortage of building materials - this is the current situation on the real estate market. However, even this does not discourage those interested in luxury housing or a profitable investment. The demand for new flats, especially in Prague, still significantly exceeds the supply. The huge interest is also evidenced by the fact that in many development projects from our portfolio the last units remain to be purchased. In order to at least partially satisfy the "hunger" for luxury new buildings, work is in full swing. Let's take a closer look at the current developments!
15. 3. 2022
The interest in real estate, especially recreational ones, is still enormous. However, since the domestic supply is not able to cover it, Czechs are now turning their attention more and more abroad, for example to Slovakia. A development project called Marina Liptov, which comprises 33 modern apartments in layouts from 2+kk to 4+kk, is growing right next to the Slovak dam Liptovská Mara on the Váh River under the Tatra Mountains. They offer the possibility of active relaxation in their own facilities in a popular Slovak recreational location as well as the opportunity for a promising investment in an apartment. The project should be completed by the end of next year. Our Luxent - Exclusive Properties office has become the exclusive partner for their sale in the Czech Republic - let's take a closer look now!
19. 1. 2022
Winters are relatively mild in our area, but if you have a warm heart, you may miss the sunshine during the cold months. And if you experience these feelings every winter, you might want to consider investing in an apartment in a warm climate. Find out what's trending right now and which luxury properties abroad you can choose from in this article!
12. 1. 2022
Do you want to go skiing or cross-country skiing? Wondering where to spend your spring break with family or friends? Get yourself a holiday property in the mountains! You will see that you can choose from our range of exclusive properties in renowned domestic resorts in no time.
3. 1. 2022
It can already be said with certainty that 2021 will go down in mortgage history as a record year - whether in terms of the volume of mortgages arranged due to huge interest or above-standard interest rate increases. We will now take a closer look at the various factors that have shaped the mortgage market in recent months and will also be reflected in the period ahead.