Sunday, 7 July 2019

Prague flat prices continue to rise

Prague TV |
28 January 2019

Prices for new Prague flats are continuing to rise, and the situation is not expected to change soon. The average price of a new flat in Prague last year rose 18.6 percent to more than CZK 101,061 per square meter, according to combined data from developers Trigema, Skanska Reality and Central Group. Mortgage restrictions have made flats almost inaccessible for many people. Interest in living in Prague continues to rise, and many new buyers will have to compromise on location and size to find something affordable.