<div>The Property Office will offer the Veleslavín Castle for sale for the tenth time, the price is 210 million CZK.</div>

Prague - The Office for Representation of the State in Property Matters (ÚZSVM) will once again offer the Prague castle Veleslavín for sale before Christmas. In the tenth round of the electronic auction, the starting price of the property will be 210 million crowns, reduced by 39 million crowns from the previous attempt last week. The capital city and the Prague 6 district will again have the opportunity to match the highest bid submitted in the auction, the property office announced today in a press release.

The auction will take place from December 18 to 19. Interested parties in the property will need to pay a deposit of 15 million crowns no later than the day before. For the auction to be successful, at least one of the bidders must offer at least the starting price. Bidding will continue in increments of at least 50,000 crowns.

The property office has been offering the Veleslavín castle for sale since last November. Although the price has dropped to less than half of the originally requested 580 million crowns, no one has made any bids in any of the previous auctions. In the last three rounds, although one interested party registered for the auction each time, they did not offer even the starting price.

In the past, ÚZSVM suggested including the Veleslavín castle in a property exchange between Prague and the state, which ultimately did not happen. The capital city's request for a free transfer was rejected by the property office. Both the city council and the district previously rejected the option to purchase the property at the starting price, deeming it too high. The sixth district currently has the castle grounds on a free loan.

The Veleslavín castle with its historical park spans three hectares and dates back to approximately 1725. It was built according to the plans of Kilian Ignaz Dientzenhofer for Empress Amalia of Brunswick. In the first half of the 20th century, it served as a neurological sanatorium founded by Leo Kosák and one of the discoverers of Alzheimer's disease, Oskar Fischer. Notable patients included Charlotta Garrigue Masaryková and Milena Jesenská.