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5.10.2026  |  Project news

The foundation stone is laid: we have officially started construction of NCKV

Poklepání základního kamene projektu Nové Centrum Karlovy Vary 5. října 2026

On 5 October 2026, in the presence of the Mayor of Karlovy Vary Ing. Andrea Pfeffer Ferklová, MBA, representatives of the city leadership, the architects and our partners, we ceremonially laid the foundation stone of the Nové Centrum Karlovy Vary project and officially started its construction. In the Rybáře district a modern residential quarter will rise, with premium standards, exceptional energy efficiency, underground garages and its own green park with a square. The architectural design brings the experience of the studio CONSEQUENCE FORMA architects from Vienna. With the start of construction we are also launching a time-limited offer of pre-sale prices for the first buyers and investors.

On 5 October 2026 we took a key step towards delivering one of the most significant residential projects in Karlovy Vary. In the presence of the Mayor of Karlovy Vary, Ing. Andrea Pfeffer Ferklová, MBA, representatives of the city leadership, the architects and our partners, we officially laid the foundation stone of the Nové Centrum Karlovy Vary project.

The significance of the event and the vision for the whole Rybáře area were highlighted in their speeches by the Mayor, the Director of the City Architecture Office Ing. arch. Karel Adamec, the authors of the architectural design from the studio CONSEQUENCE FORMA architects, Janica Šipulová and Martin Sládek, and the general project manager Ing. Miroslav Příkop.

What the project brings

  • Modern architecture and premium standards in the Rybáře district.
  • Exceptional energy efficiency and low running costs.
  • Complete comfort: underground garages, storage rooms and private greenery.
  • High investment potential thanks to the development of the area and the completion of the D6 motorway.

European experience for a new district

The project architect Janica Šipulová of the studio CONSEQUENCE FORMA architects brings to Karlovy Vary her many years of experience from working in Vienna. The new district is therefore built on proven European urban planning principles:

  • a smooth transition from family houses to modern block development,
  • its own green park and a square for relaxing and walking,
  • a connection of the new district with the school and the city centre.

We are not just building apartments, but a new district to live in.

Pre-sale prices for the first buyers

With the laying of the foundation stone we are also launching a time-limited offer of pre-sale prices for the first buyers and investors. Would you like to secure an apartment at the starting prices before they are raised as planned? Choose an apartment in the apartment offer, contact our sales team or download the project brochure.

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Non-binding reservation

FINANCING

1. Verbal reservation

At your request, we will pre-reserve the apartment you are interested in for 7 days, giving you time to review the project documentation, explore financing options, and so on.

2. Reservation agreement

If you decide to buy the apartment, we will send you a draft Reservation Agreement.

The standard reservation period is 60 days from the signing of the agreement. In justified cases this period may be extended by mutual agreement.

The reservation fee is CZK 100,000 per individual unit.

The reservation agreement also includes, as an annex, a template of the subsequent contract — either the Future Purchase Agreement (for apartments in preparation/under construction) or the Unit Ownership Transfer Agreement (for completed projects).

3. Future purchase agreement

This agreement is concluded within the reservation period and primarily defines:

  • the subject of the transfer — namely the apartment you have selected, including any outdoor area (terrace/loggia/front garden) belonging to the apartment, the garage space, and the cellar
  • the purchase price and the method of its payment
  • payment of the unit's purchase price through a deposit of 10% of the purchase price and a balance payment of 90% after the project's building approval
  • construction completion dates
  • client change options
  • the text of the Unit Ownership Transfer Agreement (Purchase Agreement) and the tentative date of its signing
  • the commitment of the contracting parties to conclude the Purchase Agreement under the agreed terms, within 60 days of the project's building approval
  • further conditions necessary for concluding the Purchase Agreement

4. Unit ownership transfer agreement (Purchase agreement)

This agreement is concluded either within the reservation period (for completed projects) or within the period agreed upon in the Future Purchase Agreement (for apartments in preparation/under construction). The agreement precisely specifies the subject of the transfer, the purchase price excluding and including VAT, the method of payment (own funds/mortgage loan), the unit handover date, and other particulars required for the transfer of ownership of the unit.

5. Handover of the apartment unit

Handover of the apartment follows the signing of the Unit Ownership Transfer Agreement and payment of the full purchase price. The latest possible handover date is set in the Purchase Agreement, namely within 20 days of the registration of ownership in the Land Registry in favor of the new owner.

CONSTRUCTION SCHEDULE

Project schedule Nové centrum Karlovy Vary – Phase I

  • 06–10/2026 Commencement of earthworks
  • 08/2026–03/2027 Site preparation, excavation pit shoring, excavation work
  • 05/2027–01/2028 Foundations of the residential buildings, shell construction
  • 11/2027–02/2029 Finishing works on the residential buildings and family houses
  • 01–03/2029 Testing, final approval of the buildings and infrastructure
  • 01–07/2029 Pre-handover inspections with clients and handover of apartments and family houses to clients