Krejčíř's luxurious villa fails to sell yet again

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Prague Day by day Monitor |

7 August 2020

Radovan Krejčíř’s luxurious villa in Černošice on V Dubině road, is certainly not on the record of probably the most desired properties. It has been provided for sale at auctions since 2016, failing to promote yet once more on Thursday – now being provided for only one twentieth of the acquisition worth.

The purchase price of the 743 m2 villa is estimated to be 400 million CZK, but on Thursday, the starting bid was set at 21.1 million CZK. The unique appraised worth was 42.1 million CZK. Despite such a huge depreciation of the property, no one entered the public sale. Similar story happened in January this yr, when no one expressed any interest in the starting bid of 28.1 million CZK. The auction is predicted to be repeated in about three months, but the worth can't go decrease by this level, according to the spokeswomen for the Executor’s Association Lenka Desatová.

"The regulation of 2018 lets you go together with the worth to a quarter of the unique estimated value. Nevertheless, this case is being assessed based on the regulation that applied to the primary attempt at public sale," she advised ČTK earlier, iDnes.cz reported.

The worth of the villa had been repeatedly decreased on account of continuous incidents, resembling the hearth, which broke out last August, and instances of vandalism. The town of Černošice can also be not all in favour of getting into the auction.

The original proprietor of the villa, Radovan Krejčíř, has been imprisoned since 2013 in South Africa. In 2015, he was convicted for attempted murder, kidnapping, torture and drug trafficking, being sentenced to the full of 35 years in jail, iDnes.cz reports. Krejčíř still hopes to return to the Czech Republic and serve his time there.

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