The Priestly Fraternity of St. Peter (FSSP), represented by its registered association, purchased the former rectory building from the Roman Catholic Parish of Římov for CZK 4,364,000 (approximately USD 207,249) to renovate it and establish the parish’s administrative headquarters. An expert appraisal dated February 20, 2021, valued the property at CZK 5,364,140 (approximately USD 255,000), but the price was reduced by CZK 1,000,140 (approximately USD 47,800) due to prior investments (around CZK 1,500,000 or approximately USD 71,800) already made by FSSP in the property.
On August 1, 2019, the parish of Římov was entrusted to the care of FSSP by an agreement with the Diocese of České Budějovice under Canon 520 of the Code of Canon Law. Of the funds received, 75% was remitted to the Diocese, which subsequently contributed 5% back to the parish to co-finance the Pilgrimage Site Renewal Project in Římov through the IROP grant fund (with costs exceeding CZK 100 million or approximately USD 4.8 million). The Diocese retained a right of first refusal in case of a future sale of the rectory, and FSSP committed to using the building for the needs of the Římov parish as the residence of its priestly community. The primary reason for purchasing the rectory was that FSSP would be the investor for the planned renovations.