Prague - The Prague National House in Vinohrady could not be sold even on the sixth attempt. Although at least one interested party registered for the auction, they did not offer even the starting price of 523 million crowns. This was stated today in a press release by the Office for the Representation of the State in Property Affairs (ÚZSVM), which announced the auction.
The property in náměstí Míru could not be sold, despite its price having dropped by 237 million crowns since the first auction in April of this year. The ÚZSVM will now evaluate the next steps on how to manage the building. "The goal of the ÚZSVM is to find a definitive owner for this exceptional and state-unneeded building, who would find meaningful use for it," stated the office's spokesperson Tereza Frančová.
The property office took over the National House in Vinohrady at the end of 2024 from the State Fund for Culture. Since no state institution showed interest in the property, the office offered it for sale at auction. However, no interested parties registered for any of the previous five rounds of bidding. Now, at least one interested party has submitted the required deposit of 20 million crowns, but did not make any bids in the auction.
The National House in Vinohrady was built between 1893 and 1894 according to the design of architect Antonín Turk. The neo-Renaissance building has four above-ground and two underground floors. It houses three large representative halls and four social lounges. Currently, the building is primarily used for organizing balls and other social events. Until mid-2032, the building is leased by the company Národní dům-Kulturní dům železničářů.
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