Saturday, 15 March 2025
Developer Crescon has officially launched the construction of Zahrádky 1000, a premium mountain apartment complex situated directly on the Zahrádky ski slope in Pec pod Sněžkou. The project, set for completion by the end of 2026, will feature 33 fully furnished apartments, offering luxury living, investment potential, and year-round recreational opportunities.
The development is replacing an outdated six-story chalet with a modern, architecturally integrated residence designed by Labor13 Studio. The new rustic-style complex, comprising two interconnected buildings, is tailored to blend seamlessly into the Krkonoše mountain landscape. Construction work is set to begin in Q3 2025, following the demolition of the existing structure, which is dependent on weather conditions. Ječmínek Construction Company has been selected as the general contractor.
The Zahrádky 1000 residence offers a mix of 1+kk to 4+kk apartments, most of which will include loggias or terraces, while selected units will feature pre-installed sauna connections. High-quality materials such as wooden flooring and large-format tiles will be standard. The apartments will be heated via energy-efficient underfloor heating powered by gas boilers.
Designed as both a luxury holiday home and a profitable investment, the apartments are expected to yield an annual return of 6% to 9%, factoring in both rental income and property appreciation. The rental management will be handled by a local hotel operator, ensuring professional service and high occupancy rates throughout the year.
Radek Zábrodský, Director of Crescon, highlighted the growing demand for high-quality accommodation in mountain resorts, citing Pec pod Sněžkou as one of the Czech Republic’s most sought-after destinations. He noted that rental occupancy remains high year-round, driven by both winter sports and summer tourism. Investors can anticipate a 3% to 4% rental yield at 40%–60% occupancy, with property values in the Krkonoše region growing at an annual rate of 3% to 5%, outperforming even Prague’s real estate market.
Residents and visitors will enjoy a range of shared facilities, including a wellness area with a sauna, relaxation space, and whirlpool, as well as a communal lounge with panoramic views of Sněžka. Additional features include a ski and bike storage room, private cellars, and a reception area. During winter, the onsite manager will provide transport services for residents.
