We are presenting a rare opportunity to acquire a family house on a corner plot in one of the most desirable parts of Prague 4 – Modřany, located at the intersection of Darwinova and Karasova streets. The property includes a generously sized plot of over 600 m² and comes with a fully approved building permit and complete architectural documentation for an extensive reconstruction and extension of the existing structure.
Asking price: 42,000,000 CZK.
The approved project allows for a comprehensive transformation of the current family home, including a new roof structure, a fully reworked attic with increased ridge height, redesigned layouts, and the creation of three independent residential units and one commercial unit on the lower ground floor, suitable for an atelier or office
. The project also includes a newly permitted driveway and parking for up to five vehicles on the private plot. The documentation was prepared by authorized architects and engineers and has been fully reviewed and approved without objections, meaning the future owner can begin construction immediately.
The property is situated in a quiet and established residential neighbourhood with excellent access to local amenities, including schools, kindergartens, healthcare facilities, shops, restaurants and sports grounds—all within walking distance. Modřany offers a pleasant balance of residential calm and metropolitan convenience, with excellent public transport connections and quick access to the city centre, the Prague Ring Road and the wider metropolitan area.
The corner plot provides optimal orientation, privacy and long-term development potential. The approved project is thoughtfully designed to maximise functional use, modern standards and marketability, making the future layout highly attractive for both owner-occupation and rental purposes. With three full-sized apartments and a commercial unit, the completed property will be ideally positioned for multi-generational living, premium rental housing or a mixed-use investment concept.
From an investment standpoint, this opportunity is particularly compelling. Upon completion of the renovation in accordance with the approved project, the expected market value of the property ranges between 55 and 63 million CZK, depending on the chosen level of finish. This represents a potential capital appreciation of approximately 13–21 million CZK within a two-year horizon, driven by the value of the redesign, the multi-unit configuration and the strong demand for quality residential properties in this part of Prague.
This is a unique chance to secure a property with fully resolved permitting, excellent transport and civic infrastructure, and long-term value potential. Opportunities combining a premium location, an approved multi-unit project, immediate buildability and such an attractive return profile are extremely rare on the Prague market.
