The apartment is situated in an excellent location right by the river in the center of things. It is massive and full of character.
However there are some draw backs that I feel need to be mentioned...
The apartment is managed by a business and lacks the individual attention more common with Airbnb.
This arrangement requires renters to pick up the keys for the apartment in a second location which causes an inconvenience. More importantly, the apartment lacks direct oversight and thus lacks attention to detail. The space wasn't dirty but could have been cleaner, the bathtub drain wasn't working, and a door hand came off when I tried closing a door.
Prague is a very cheap place to book a hotel room when compared to other European capitals. When paying a large amount of money for an Airbnb rental in Prague the space should be competitive in the details and/or in the price. Unfortunately this space was neither.