HOTEL in 1 of EUROPES CAPITOL CITY - PRAGUE, Czech Rep Hotel is next to the WORLD FAMOUS Old Towns Square !!! Start Price USD 1,499,000.00 Current Price USD 1,499,000.00 Time Left 52 days 14 hours 4 minutes Bid Count 0 Buy It Now Price - Reserve Price - Start Time Saturday, November 29, 2008 End Time Friday, February 27, 2009 Location Prague, Europe See more about 'HOTEL in 1 of EUROPES CAPITOL CITY - PRAGUE, Czech Rep' Description LUCRATIVE BUSINESS - HOTEL FOR SALE in FAMOUS European capitol...Prague (Praha), Czech Republic presented by RE/MAX Real Estate Group ( www.realestategroup.cz ) Download a brochure here SELLER is MOTIVATED .... original asking price was $ 1.750.000,- USD NOW $ 1.499.000,- USD (including commission to real estate agency) Little about HOTEL itself: Very charming and STYLISH Prague's hotel, situated in the renovated part of a historical building from the year 1366, situated next to Prague's Old Town Square and WORLD FAMOUS ASTRONOMICAL CLOCK ! (http://www.tripadvisor.com/ShowUserReviews-g274707-d275143-r20441323-Old_Town_Square_Staromestske_namesti-Prague_Bohemia.html ) You can hardly find any other place so centrally located in Prague. Literally a few steps divide you from the Old Town Square, the very heart of the city. You can reach, merely by walking, all the places of interest and all the sights, such as the Prague castle with one of the most impressive views of the town, Charles bridge, Old Town Quarters, etc. The hotel was converted in an old burhger house. In 2000-2001 building underwent reconstruction and renovation ( aprox. $ 1.000.000,- has been invested) to hotel as it is TODAY. Each of rooms or apartments equipped with antique furniture and metal sculpture masterpieces. Each room or apartment provides a luxurious bathroom and lavatory, SAT TV, telephone and minibar. Some bathrooms are equipped with jacuzzi. The total capacity of the hotel is 49 beds. There is an option to have an extra bed. The buffet breakfast is served in a stylish café right in the building of the hotel. There are many restaurants in the vicinity providing meals all day long including one situated right in a gothic cellar in the building of our hotel. It is a place to which guests gladly return to enjoy comfortable staying for discovering more and more beauty of Prague. What you'll get : You will take over  well established, COMPLETE ALL INCLUSIVE and profitable turnkey business in Prague's very center. You will own 100% share of the company (LLC) which owns and manages the hotel. You will NOT get the property itself, the building is NOT for sale. ( There is a renewable lease of the building from now on to 10 years period.Ownership of the building is private...... older married couple with children and it's in their interest, that lease will continue. So it's not some kind of company or firm, who will try to profit as much as possible from lease itself....they are always willing to negotiate. For example....original lease in the contract was 500.000,- CZK / month (aprox. USD 25.000,-) and after some negotiation they went down to 300.000,- CZK (aprox. USD 15.000,-). That is very good price for a lease in that particular location!). This HOTEL FOR SALE is guaranteed to be legitimate and legally established business presented to you by well known and trusted real estate company - RE/MAX Real Estate Group (www.realestategroup.cz ). PLEASE serious buyers ONLY ! More information and hotel showings (a MUST SEE !!!) upon request. CONTACT PERSON: Daniel "danny" Cernik, tel: (+420) 731 618 315 (english) web: www.danielcernik.cz   Place a Bid!