Quite frankly, I've been many many times in Prague, but this place is simply the best you can get. I'll tell you why I love it:
-located in Andel, a genuine Czech quarter, away from the hords of tourists, still very animated and packed with local pubs and restaurants.
-the room is very modern, TV, internet, kitchen, great beds and sofas. You really feel at home, not in a small hotel room
-eventhough it's an appartment, it get cleaned everyday
-the value is amazing! Cheap AND great modern room!
If you go by car, you can ask the reception for a parking space. There is one ibside the building, but also one about 200 m from the hotel and much more cheaper, and it's being watched by guards.
I stayed there in November 2009 and April 2010 and will definitly go again!
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC