We are pleased to exclusively offer for sale Hotel Heluan***, a historic hotel located in the prestigious spa district of Karlovy Vary, just a few steps from the famous colonnades and the city’s main tourist promenade.
With a history spanning more than 150 years, this exceptional property represents a unique investment opportunity, combining stable rental income with significant long-term appreciation potential.
Property Overview
The hotel offers a total usable area of 819 m², comprising:
15 rooms with a total capacity of 35 beds
Three commercial units located on the ground floor and lower ground floor: Luxury café, Bistro, Fashion boutique
Fully equipped professional kitchen
Restaurant dining area
Technical and storage facilities
Staff and operational areas
Private parking with 5 parking spaces, a highly valuable asset in the historic centre of Karlovy Vary.
The hotel is currently operated by an experienced tenant using a modern self-service contactless check-in system, significantly reducing operational costs while ensuring efficient management.
The property generates regular rental income, and the future owner may continue cooperation with the current operator by mutual agreement or implement their own hospitality concept and development strategy.
Recent Investments
Over the past several years, the property has benefited from substantial capital investments totaling tens of millions of Czech crowns, including:
Complete replacement of the heating distribution and pipe systems
Reconstruction of the historic passenger elevator
Construction of a new private parking area
Installation of a new gas boiler plant, significantly reducing operating costs compared to the previous district steam heating system
Modernization of the electrical infrastructure with separate protection for each floor and guest room
Hotel Layout
Lower Ground Floor
Technical facilities
Commercial space (80.32 m²), prepared for the operation of a bistro, including storage and sanitary facilities.
Ground Floor
The main entrance level features:
Reception and reception office
Entrance hall
Staircase
Storage rooms
Housekeeping room
Guest restrooms
Additionally, two independent commercial units are located on this floor:
Café (33.9 m²) with a 17 m² outdoor terrace
Retail unit (51.4 m²), currently occupied by a fashion boutique, including private facilities, restroom and an 18.8 m² terrace
Second to Fifth Floors
These levels accommodate the hotel’s guest rooms and include common circulation areas, the historic elevator and hotel service facilities.
Accommodation Capacity
10 Double Rooms
5 Triple Rooms
Each room features:
Private bathroom with bathtub and toilet
Satellite television
Telephone
Minibar
Safe
Several rooms retain original historical features such as ceramic tile stoves or offer balconies overlooking the city, enhancing the authentic atmosphere of the property.
Operational and Technical Facilities
The hotel benefits from a complete operational infrastructure supporting professional hotel management:
Technical plant room with renovated heat exchange station
Fully equipped commercial kitchen with storage facilities
Professional laundry including industrial washing machine, dryer and ironing machine
Staff facilities
Archive rooms
Separate service entrance for deliveries
Garage
Waste management facilities
The operational and accommodation sections are connected by a practical two-storey connecting corridor. Between both parts of the building lies a private courtyard suitable for guest relaxation or outdoor seating.
Historic Character
The building has preserved numerous original architectural elements, including:
Decorative stucco ceilings
Historic passenger elevator
Original ceramic tile stoves
Authentic period details
These features create a distinctive atmosphere while preserving the elegance of one of Karlovy Vary’s traditional spa hotels.
Transaction Structure
The preferred transaction structure is the acquisition of the shares of the company owning the hotel.
Investment Opportunity
Hotel Heluan represents an outstanding opportunity for investors seeking a stable income-generating hospitality asset in one of the Czech Republic’s most prestigious spa and tourist destinations, while also offering considerable potential for future development and value appreciation.
For further information, financial data or to arrange a private viewing, please do not hesitate to contact us.