Wednesday, 24 April 2019
Finance | Real Estate | Prague Daily Monitor

Novinky.cz reports that the prices of newly-built flats in the city, continue to rise. It is currently impossible to get a smaller sized 2+kk newly-built flat, with an area between 48 and 55 sq.m., for less than CZK 4 million.

Business | Real Estate | Radio Prague

The percentage of Czech apartments bought as investments has grown in recent years. But simultaneous with that has been a rise in the number of foreigners acquiring flats as homes, particularly in Prague, Hospodářské noviny reported.

Prague | Real Estate | Prague TV

Sekyra Group presented proposals for the second stage of construction of the Rohan City project in Prague 8. Obtaining permits to start construction is estimated at three years. The project has the support of the current city administration.

Prague | Real Estate | Prague TV

The planned building Nová Invalidovna, which is to be built within three years in Prague 8, will bring together the personal visions of artist David Černý and the architects David Wittassek and Jiří Řezák. The project planning and architectural work is by architecture studio Qarta. The investor and developer of the project is Trigema.

Prague | Real Estate | Prague TV

New flats in the Czech Republic have risen out of reach for many people, and that has put pressure on the prices of already existing flats, according to data from real estate server Bezrealitky.cz.

Prague | Real Estate | Prague TV

The Prague City Council asked the Prague Institute of Planning and Development (IPR) to prepare two documents in the next half year for new housing construction. The most important is a current list of city-owned land suitable for new housing construction.

Prague | Real Estate | Prague TV

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.

Prague | Real Estate | Prague TV

Czech developer Central Group has acquired a brownfield site in Prague's Zličín district and plans to use it to build a new neighborhood with up to 6,000 apartments and tram service. The land was the former site of a Siemens factory. Central Group purchased the land from the firm PSN. It is the largest acquisition in Central Group's history. The price of the deal was not disclosed.