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Luxury in Vyšehrad

Business clientele finds high-end living for short stays

By Kimberly Ashton
Staff Writer, The Prague Post
October 17th, 2007 issue

COURTESY PHOTO
Looking for luxury with a view? Check out Rezidence Vyšehrad. The upscale temporary housing units are scheduled to open next month.
Those who spend a lot of time traveling for business are familiar with lonely nights in hotel rooms, eating take-away food and yearning to be home, or to at least feel at home. After a day of working in a foreign city, these visitors often want to retire to a place where they aren’t living out of a suitcase and can cook a homemade meal, but they aren’t looking to lease apartments around the world.
A solution to this dilemma is gaining traction in Prague. The city has a number of high-end residences that cater specifically to people who come here for a week to several months on business. The latest of these, the 27-unit, 120 million Kč ($6.2 million) Rezidence Vyšehrad, is due to open next month.
As its name implies, the location could hardly be more ideal. Nestled on the cobblestone Lumírova street, just opposite the entrance to Vyšehrad Cathedral, the hillside apartment building is a three-minute walk from a metro station and a stone’s throw from the Prague Congress Centre and the Business Centre Vyšehrad complex.
“The place is extraordinary,” says manager Dana Faustová, who has worked with Rezidence Vyšehrad’s parent Czech company, R.S. Credit, since 2002. R.S. Credit was founded in 2001 and has developed residential properties for sale around the capital and other parts of the Czech Republic, including Hradčany, Malvazinky and Špindlerův Mlýn.
Rezidence Vyšehrad is the first development, however, that the company will not sell but will keep and manage. The location is so ideal and the view so amazing that R.S. Credit owner René Siwy says he simply does not want to give it up.
“Up to now I perceived the projects [R.S. Credit has done in the past] as commercial projects,” Siwy explains. “I mean, all of them were unique, but this one is the best of all of them. So it is better to have it as an extended-stay apartment facility. It would be a shame to sell it. We can always sell it in the future.”
From the two-floor luxury suite on the residence’s fifth floor, the panorama from the 40-square-meter terrace stretches from the twin spires of Vyšehrad Cathedral all the way past the Žižkov TV Tower. From the upstairs bedroom, one wakes up to a view of Prague Castle.
It’s exactly these aspects that set Rezidence Vyšehrad apart from other short-term residences in town, Faustová says. A similar residence in Vinohrady, for example, doesn’t have the access to green space that Rezidence Vyšehrad has with its proximity to gardens, she says. “You can go to the [city] center fast and [also] be in nature,” Faustová says.
The 2,980-square-meter building is special, too, she says. All the floors and woodwork are oak, reflecting the classic spirit of Vyšehrad. The design, however, is thoroughly modern. The simple and open designs of the apartments allow for natural light to fill the rooms. The residences are furnished by Brik, a Slovak furniture company, and the designs are exclusively for Rezidence Vyšehrad, Faustová says. Each apartment comes equipped with a stove, microwave and all tableware. Many also have dishwashers. Nearly every apartment has a terrace or balcony. Underground parking is also available.
Rezidence Vyšehrad also offers all the amenities of a hotel: There is daily linen and towel service, cleaning and room service. A representative can also help guests with their stay in the city by, for example, helping to enroll children in school. On its ground level, Rezidence Vyšehrad will have a restaurant serving breakfast starting at 8 a.m. and light Italian fare until 10 p.m. It will be managed by the same man who runs the city’s Lamborghini restaurants, and will be open to the public. Down the hall from the restaurant will be a fitness center, Thai massage center and sauna.
“There is no facility comparable to RV here,” Siwy says. “RV combines the most important factors — intimate location and luxury. It is targeted at a certain group of clients who are looking for a tranquil environment, high-class apartments and being close to nature.”
Such luxury doesn’t come cheap, though. The price for a studio apartment, which is about the size of an average hotel room, is about 100 euros per night. A two-bedroom, two-floor 100-square-meter suite is about 350 euros per night. Prices are negotiable and vary according to the season, the view and the amount of time a person is renting the apartment, Faustová says, noting that the minimum stay will be one week and the maximum could be as long as six months or so.
This is the perfect place for “businesspeople who come to Prague who don’t want to live here forever but want to feel at home,” Faustová says.
— Naďa Černá contributed to this report.

Kimberly Ashton can be reached at kashton@praguepost.com


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