Israeli duo building apartments in Czechia: “Property development not a one man show”

If you want to fulfil your dream and invest in an extraordinary home, Doron Friedman and Daniel Aalsvel are the go-to people. The two Israeli businessmen have spent the last fifteen years turning neglected historical buildings in the centre of Prague into exclusive apartments. They take pride in weaving history with cutting-edge technologies and make every detail count. The size of the apartments ranges from small units to units with over 1000 sq m.

Do you fancy a private elevator straight to your penthouse, a private wine cellar, a private spa, and several terraces overlooking the Prague castle? And what about a concierge service that can take care of your shopping or walk your dog, and a gardener looking after the community’s common areas? And privacy – a lot of privacy?

We are standing together in front of their recent development project located right next to Prague’s Troja Chateau. You can still see the odd construction worker dashing from building to building but overall, the Chateau Troja Residence project is nearing its end. It will soon welcome its first tenants. “Most of them are Czech. The first customers who bought an apartment here were our neighbours from the Troja district.”

 “Headache-free” apartments

Apartments developed by Coast Capital Partners belong to the most refined on the market. High quality craftsmanship and attention to detail, such as unobtrusive music and fragrance in the common areas, are key. As is the fact that the apartments are “headache-free”. “When you look at our older projects, maybe even fifteen years old, they look as new,” say the businessmen. Quality and luxury come at a price, though: The remaining available apartments at Chateau Troja Residence start at CZK 13 million, and the highest priced penthouses have a 9-figure price tag.  “It is true that we are not for everybody. If you have five to ten million Czech crowns to invest in an apartment, I am sure you will be able to find a beautiful one; it just won’t be from us. If, on the other hand, you have dozens of millions at your disposal and want to live really well, I guarantee we have what you are looking for,” explains Daniel Aalsvel.