The project in the media.

Video from the official project presentation, June 10, 2026

AEQUITAS Group officially unveils AERIS Resort. Premium mountain aparthotel in Velká Úpa enters pre-sale

Prague / Velká Úpa, June 11, 2026 The investment group AEQUITAS Group officially unveiled the new mountain project AERIS Resort Krkonoše, being built in Velká Úpa, Pec pod Sněžkou. The official presentation of the project and the launch of the pre-sale took place on June 10, 2026, at the Pytloun Old Armoury Hotel Prague on Prague's Kampa. The event was attended by more than 100 guests, including existing AEQUITAS Group investors as well as prospective buyers of apartments in the newly emerging resort.

Developer Project Rezidence pod Portáškami

NOVOSTAVBY.com - MAPPING DEVELOPMENT PROJECTS

Fixing failed companies and wanting to lift up Pec pod Sněžkou too. In Velká Úpa he'll build small apartments at Prague-1 prices

Well-known lawyer and insolvency administrator Jan Langmeier and his fund have obtained a permit to begin construction of the extensive Rezidence Pod Portáškami complex.

The gateway to the Krkonoše is set for a transformation. Construction of a billion-crown aparthotel to begin in Velká Úpa

After four years of preparations, and also disputes with local residents, construction of one of the largest residential complexes in the Krkonoše mountains is set to begin in Velká Úpa, part of the town of Pec pod Sněžkou. The investor promises a revival of the town center, while opponents of the project fear a development boom.

Development boom below Sněžka. Locals criticize the 800-million-crown apartments in Velká Úpa

An apartment complex worth 800 million crowns to be built in Velká Úpa

Construction of the Rezidence pod Portáškami apartment complex is set to begin in Velká Úpa in spring 2026, with completion expected within three years. It will be preceded by the demolition of the existing houses, starting in the autumn. Jiří Lívanec, representative of the Aequitas investment group, told ČTK today. He estimated construction work at 750 to 800 million crowns. Velká Úpa is a district of the town of Pec pod Sněžkou.

Construction has already begun in Velká Úpa. The main event is still to come

A new apartment building is rising along the main road to Pec pod Sněžkou. Dozens more recreational apartments will soon follow.

Mountain apartments in the Czech Republic attract investors, prices climb higher

Interest in domestic mountains growing among investors, confirmed by both data and developers' experience

Developer to build one fewer building in Velká Úpa, but some longtime residents are leaving anyway

A complex of six buildings will change the face of the Krkonoše town of Velká Úpa. Authorities have already begun reviewing the huge development project by the investment group Aequitas Capital Investment. The company plans six buildings with 159 apartments, commercial space, and underground garages along the main road. It wants to have the building permit in spring and to start demolishing the original buildings this year. Some longtime residents are moving away because of the construction.

This year will bring construction of a parking garage as well as mountain apartments to the Trutnov region

The Rezidence Pod Portáškami project receives the ČKAIT award

Apartments yes, but they need to be regulated, says the mayor of Pec pod Sněžkou

Billion-crown apartment buildings to fundamentally change the Krkonoše town of Velká Úpa

Just last year, a Prague-based investor wanted to build four apartment buildings in Velká Úpa - now the plan calls for seven.

We won't build concrete blocks in the Krkonoše mountains. We'll see about concessions, says the developer

There it is buying up old properties in order to build further recreational apartments. It already owns the former Hotel Hela and the Úpa pub, and is negotiating for two more buildings.

Velká Úpa to demolish original houses and build apartments, locals despair

Major changes are in store for the center of Velká Úpa in the Krkonoše mountains, but locals are not at all thrilled about them. Developers are buying up properties along the main road, planning to demolish them and build apartments. The investment fund Aequitas Capital Investment has already acquired the former Hotel Hela and the Úpa pub, and is negotiating for others.