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The premium residential development Polská 7 Residence, which we are delivering together with our development partner SATPO, has successfully received its occupancy permit. This architectural gem in the heart of Prague’s Vinohrady district is now ready to welcome its new residents. The first apartments will be handed over and ready for move-in as early as September this year.
Polská 7 Residence seamlessly combines the unique genius loci of Prague’s Vinohrady district with the high standards of contemporary living. The project is an outstanding example of the sensitive restoration of a historic building, with a strong emphasis on preserving its original architectural value while harmoniously integrating modern technologies and the requirements of comfortable urban living.
In recognition of its approach and quality of execution, the project received the Public Choice Award in the Real Estate Project of the Year 2024 competition for Prague 2. The building’s interiors retain and restore a number of valuable historical features, including brass elements, stained-glass windows and original hardware, complemented by modern technologies that ensure comfort, energy efficiency and security for future residents. Another key asset of the residence is its landscaped communal courtyard and a fitness centre with a sauna.
Polská 7 Residence comprises 33 units in total, ranging from practical studio apartments to spacious four-bedroom apartments with terraces. The ground floor also includes three retail units with independent entrances directly from the street.
The project has attracted exceptional interest from buyers, with 80% of the units already sold. Prospective purchasers now have a final opportunity to acquire a premium apartment in one of Prague’s most sought-after residential locations.
Polská 7 is part of the WOOD & Company Residential Sub-Fund, whose investment strategy focuses on residential development projects in partnership with established and reputable developers. The sub-fund is intended for qualified investors and targets an average net annual return of 12–15%. More information about the sub-fund is available HERE.
Media relations:
Marketing Manager
Vendula Dittrichová
Tel.: +420 605 720 712
E-mail: vendula.dittrichova@wood.cz