One of the Czech Republic’s most expensive villas has been sold to a local entrepreneur specializing in debt collection, according to reporting from Hospodářské noviny.
The property, located in Prague’s Baba district, is a prime example of First Republic-era functionalist architecture. Situated on a cliff overlooking the Vltava Valley, the villa boasts a substantial 1,093 square meters of usable space and offers views of both the Vltava River and Prague Castle.
The villa had been on the market for an asking price of approximately €10 million (roughly $10.7 million USD as of February 23, 2026) through real estate firm Svoboda & Williams. The sale highlights the increasing value of architecturally significant properties in Prague, and the growing demand for luxury real estate in the region.
The Baba estate, developed in the early 1930s, was originally intended for Prague’s intelligentsia and elite. Today, properties in the area command some of the highest real estate prices in the city, with some villas reaching EUR 2 million. This demonstrates a shift away from inherited wealth in the post-Communist Czech Republic.
The previous owner invested approximately £12 million (around $15.3 million USD) over 15 years in the villa’s restoration. The district itself is known for its Constructivist villas, a style popular in the interwar period that emphasized functionality and geometric forms. Architect Radan Hubička designed a grand villa on the cliff, emphasizing the unique nature of the location.
The Baba district offers a blend of residential tranquility and accessibility, located between the Vltava river, Stromovka park, the Czech Technical University campus, and Hanspaulka hill. The area is similarly home to numerous foreign embassies, contributing to its international character.
This sale follows the recent sale of Denny’s Villa in Troja, Prague, after eight years on the market, as reported on December 22, 2025. The trend suggests a strengthening luxury property market in the Czech capital.
