GARTAL
GARTAL is a privately-held Czech real estate developer founded in 2002, building and selling new apartments, turnkey family homes, and commercial spaces in Prague via three integrated divisions: GARTAL Development, GARTAL Stavební (construction), and the GARTAL Investment Fund serving qualified investors.
- Company typePrivate
- Founded2002
- HeadquartersLiben, Czechia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What GARTAL does
GARTAL is a privately-held Czech real estate development group founded in 2002 and headquartered in Prague 9 – Libeň. The company develops, constructs, and sells new-build residential apartments, turnkey family homes, and select commercial spaces primarily in the Prague metropolitan area, with 30 completed projects and approximately 1,000 apartments delivered over its 23-year history. GARTAL operates through three integrated divisions: GARTAL Development (project origination, sales, and marketing), GARTAL Stavební (wholly-owned construction execution), and the GARTAL Investment Fund (a qualified-investor real estate fund that lends into own projects and ranks in the TOP 5–10 of Czech real estate funds per Hospodářské noviny). Its revenue is generated from one-time residential and commercial unit sales (priced 5.35M–16.99M CZK), managed fund services (1M CZK minimum investment, 7% guaranteed yield, 8% target), and ancillary commercial rental income.
The company's product technology stack centers on standardized smart-building features embedded in new construction rather than offered as upgrades, including Loxone building management systems, QR-code and license-plate access, rooftop photovoltaic installations, heat-pump climate control, rainwater harvesting, and pre-wiring for EV charging and future smart-home expansion. Projects such as City Lofts Chodov (7-floor loft building, 5m ceilings, prismatic façade, scheduled completion Q1 2028, 83% pre-sold) and Signature Kolovraty (turnkey 5+kk family homes, 95% sold) demonstrate architectural differentiation supported by an online contract-signing platform that enables remote purchase and an in-house mortgage-financing service via partner banks. The group is privately owned by founder Ing. Rostislav Petchenko with no disclosed venture or private-equity backing, and is legally domiciled as GARTAL Management a.s. (IČO 06667911) registered in Prague.
GARTAL firmographics
Firmographics- Name
- GARTAL
- Legal name
- GARTAL Management a.s.
- Website
- https://gartal.ru
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GARTAL is a privately-held Czech real estate developer founded in 2002, building and selling new apartments, turnkey family homes, and commercial spaces in Prague via three integrated divisions: GARTAL Development, GARTAL Stavební (construction), and the GARTAL Investment Fund serving qualified investors.
- Ownership category
- akta.pro rank
GARTAL industry classification
Industry- Product category
- Residential Real Estate Development
- SIC
- General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Residential General Contracting (New Build) (IMAFAAAB)
Keywords
Where GARTAL is headquartered
LocationHeadquarters
- HQ city
- Liben
- HQ country
- Czechia
- HQ region
- Europe
Offices2 records
Markets served
GARTAL business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Residential Property Sales: GARTAL generates the majority of its revenue from the direct sale of newly developed apartments, family homes (turnkey), and commercial spaces in residential projects across Prague. Revenue is one-time per unit, with payment structured in installments tied to construction milestones.
- Investment Fund GARTAL: GARTAL manages a qualified investor real estate fund that provides loans to the company's development projects. The fund generates revenue through interest on loans and distributes returns to investors. The fund offers guaranteed 7% p.a. returns with a long-term target of 8% p.a.
- Commercial Space Rental and Sale: GARTAL rents and sells commercial units within its residential developments, such as retail and office spaces on Kubánské náměstí, generating both recurring rental income and one-time sale proceeds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Signature Kolovraty family homes (5+kk) |
| Unit Pricing | Multi-year contract | City Lofts Chodov apartments (lofts) |
| Unit Pricing | Multi-year contract | Zelené kaskády apartments (4+kk) |
| Unit Pricing | Monthly | Commercial space at Kubánské náměstí |
| Other | Pay-as-you-go | GARTAL Investment Fund |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
GARTAL product offering
Product offeringCore offering
GARTAL is a Czech real estate development group that builds and sells new residential properties (apartments, family homes, and commercial spaces) in Prague and surrounding areas. The company operates through three divisions: GARTAL Development (real estate development), GARTAL Stavební (in-house construction), and GARTAL Investment Fund (qualified investor fund). Properties are delivered with integrated smart building technologies (Loxone systems, QR-code access, photovoltaic, heat pumps) as standard features.
Product overview
GARTAL is a Czech real estate development group that builds new apartments and family houses in Prague and surrounding areas. The portfolio includes three active projects (Signature Kolovraty turnkey houses, City Lofts Chodov lofts, and Zelené kaskády completed residences) plus approximately 30 completed projects. The group operates through three main divisions: GARTAL Development (real estate development), GARTAL Stavební (construction), and GARTAL Investment Fund (qualified investor fund). Supporting services include online contract signing, mortgage financing assistance, virtual property tours, and a customer service center. The company also offers commercial spaces within residential projects and maintains an active news/blog platform covering project updates and industry insights.
Differentiator
Problem solved
Functional benefit
Products and services
- Signature Kolovraty Turnkey family houses (5+kk layout) in Prague 10 - Kolovraty. Wooden frame construction with heat pump, rainwater harvesting, EV charging preparation, and smart home ready infrastructure. 14 plots on a quiet cul-de-sac. Total price from 5,350,000 CZK including VAT. Project 95% sold as of May 2026.
- City Lofts Chodov Loft apartments in Prague 4 - Chodov with unique circular sector architecture. Seven floors with 5-meter ceilings, complex refractive facade providing privacy, rooftop photovoltaic plant, QR code access, automatic elevator calls, and Loxone smart building technology. Located 5 minutes walk from Opatov metro station. Project 83% sold as of July 2026.
- Zelené kaskády Completed residential project in Prague 9 - Hostavice with family apartments featuring terraces ranging from 34-86 m². Energy class A. Near green areas with kindergarten and school within walking distance. Project 100% sold as of 2026.
- GARTAL Investment Fund Real estate fund for qualified investors offering 7% guaranteed annual return with a long-term target of 8%. Risk level SRI 3. Fund provides loans to individual GARTAL development projects at the building permit stage, eliminating early development risk. Minimum investment 1,000,000 CZK. Administered independently by Versute. Ranked TOP 5–10 among Czech qualified investor real estate funds.
- GARTAL Stavební Construction Services Construction division of the GARTAL group that builds residential projects for GARTAL Development and external partners. Uses Loxone smart building technology for office automation. Operates from expanded offices on Lihovarská street, Prague 9.
- Commercial Spaces at Kubánské náměstí Commercial premises available for rent or sale within GARTAL residential projects. Example: 112 m² unit at Kubánské náměstí offered for rent at 37,500 CZK/month or sale at 8,990,000 CZK + VAT, with separate entrance and storefront facing the square.
- Online Contract Signing Service Digital contract signing service enabling buyers to purchase apartments, houses, or sign investment documents remotely from anywhere in the world, providing a fast, secure, and convenient alternative to in-person visits.
- Mortgage Financing Assistance Mortgage assistance service that finds the best options with lowest interest rates. GARTAL handles communication with banks, appraisers, and the land registry on behalf of buyers across all GARTAL projects.
Quantifiable outcome
- 23 years operating, 30 completed projects, 1,000+ apartments delivered
- +3 more outcomes
Companies that use GARTAL
Customer profileSegments3 records
Ideal customer profiles3 records
GARTAL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature9 records
GARTAL partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- RA15 (architectural studio)coreRA15 is the architectural studio that designed City Lofts Chodov. Their unique design — featuring a curved floor plan, prismatic façade, and loft concept — won the Architects' Award in the Real Estate Project of the Year 2025 competition. The firm is credited with creating the project's architectural identity.
- Post BellumminorPost Bellum is a Czech non-profit organization that facilitated the transparent donation process for the ambulance purchased for Ukraine. GARTAL staff, partners, and friends contributed to the public fundraiser, with GARTAL founder doubling the collected amount.
- GARTAL StavebnícoreGARTAL Stavební is the in-house construction division of the GARTAL Group. It builds GARTAL Development's projects (including City Lofts Chodov) as well as external partner projects. It operates from expanded offices on Lihovarská street and employs smart building technologies including Loxone systems.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
GARTAL competitors and assessment
Company assessmentDirect peers
- JRD Development: Czech residential developer focused on premium and family-oriented housing in Prague. Comparable to GARTAL's upper-segment projects such as City Lofts Chodov, with similar design-quality positioning and Prague geographic concentration.
- Trigema: Major Czech residential developer active in Prague with apartment and family home projects. Closely comparable to GARTAL in target customer, product type, and direct-to-buyer sales motion.
- Akroville: Smaller Czech residential developer with Prague-focused new-build apartment projects. Closely comparable to GARTAL on target market, project size, and direct-to-buyer sales model, occupying a similar mid-market niche.
- FINEP: Czech residential developer with significant Prague portfolio of apartments and family housing. Directly comparable to GARTAL on product offering, geographic focus, and developer-led sales model.
- Central Group: Czech Republic's largest residential developer. Directly comparable to GARTAL on product (new-build apartments and family homes), target market (Prague and Czech buyers), and business model (developer-led residential projects with integrated sales and financing support).
Broad incumbents
- Penta Real Estate: Pan-Central European developer backed by the Penta investment group, active in Czech and Slovak residential markets. Comparable to GARTAL on product and geography, but operates as part of a much broader investment platform.
- CPI Property Group: One of the largest real estate groups in CEE with significant residential development activity in the Czech Republic. Comparable to GARTAL as a Czech real estate operator, but operates at vastly larger scale across multiple asset classes and geographies.
Regional players
- YIT (YIT Home): Nordic-origin developer with active residential operations in the Czech Republic including Prague projects. Comparable to GARTAL on product (apartments and family homes), customer segments, and sustainability/smart-home positioning.
- Skanska Residential: Swedish-headquartered developer with established Czech residential operations including projects in Prague. Comparable to GARTAL on product offering and Prague focus, but operates as a multinational with broader geographic and capital resources.
- HB Reavis: Slovak-headquartered developer with residential and mixed-use projects in Prague and broader CEE. Comparable to GARTAL on product and regional geography, but operates at larger scale with international capital base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
GARTAL social profiles
Digital presenceGARTAL compliance and trust
Trust signalCompliance2 records
GARTAL financial estimates
Financial estimateRevenue estimate
Valuation estimate
GARTAL leadership team
Management profileNumber of profiles
Profiles2 records
GARTAL subsidiaries and ownership
Company hierarchySubsidiaries3 records
GARTAL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GARTAL M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GARTAL
What does GARTAL do?
GARTAL is a Czech real estate development group that builds and sells new residential properties (apartments, family homes, and commercial spaces) in Prague and surrounding areas. The company operates through three divisions: GARTAL Development (real estate development), GARTAL Stavební (in-house construction), and GARTAL Investment Fund (qualified investor fund). Properties are delivered with integrated smart building technologies (Loxone systems, QR-code access, photovoltaic, heat pumps) as standard features.
Is GARTAL a public or private company?
GARTAL is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GARTAL founded?
GARTAL was founded in 2002. It employs 11 to 50 people.
Where is GARTAL based?
GARTAL is headquartered in Liben, Czechia, in the Europe region.
How does GARTAL make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are investment Fund GARTAL and commercial Space Rental and Sale.
Who are GARTAL's main competitors?
Direct peers on record are JRD Development, Trigema, Akroville, FINEP and Central Group. Broad incumbents are Penta Real Estate and CPI Property Group. Regional players are YIT (YIT Home), Skanska Residential and HB Reavis.
Does GARTAL have an API?
No public API is recorded for GARTAL.
What industry is GARTAL in?
GARTAL's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFAAAB, Residential General Contracting (New Build). Its SIC code is 1520.