The oldest rental house in Prague will get new flats

The oldest rental house in Prague, Palac Platyz, will be reconstructed. This house from the times of the reign of Charles IV is situated between Narodni trida street and Uhelny trh. The house should help bring residents back to the city centre.

The city of Prague will invest 54 million CZK to reconstruct the house. It’s of great historical value, however, there are several insensitive extensions from the 1980’s there. One of the most valuable part of the house are original ceiling paintings in Renaissance styles.

There will be 10 new modern flats created in the house with the average size of 100 square meters. The price of the flats will be set in a competition. All passages through the house will be open during the whole reconstruction that should take a year.