Saturday, 15 August 2020
Business | Real Estate | Brno Daily

For years, both rents and real estate prices have been rising quickly and significantly, with rents increasing at a slightly steeper rate. During the volatile first half of 2020, however, house prices seemed unaffected by the pandemic, whereas rents are seeing a declining trend, leading to a 50% year-on-year increase in prospective renters.

Business | Real Estate | Prague Daily Monitor

Radovan Krejčíř's luxurious villa in Černošice is definitely not on the list of the most desired properties. It has been offered for sale at auctions since 2016, failing to sell yet again on Thursday – now being offered for just one twentieth of the purchase price.

Business | Real Estate | Prague Daily Monitor

The pandemic hit many markets, but the real estate industry was only minimally impacted. The prices for apartments, land, and houses continue to rise, Idnes.cz reports.

Prague | Real Estate | Prague Daily Monitor

Luxurious villa measuring about 1105 m² in Prague’s district of Bubeneč is reported to be for sale by a number of Russian outlets. The price is estimated at half a billion CZK, making it the most expensive house in the Czech Republic.

Business | Real Estate | Expats.cz

While mortgage interest rates have been dropping in the Czech Republic, they are still almost twice as high as in neighboring countries. Record real estate prices in the Czech Republic have already made housing difficult to afford, and relatively high-interest rates make housing more expensive still.

Business | Real Estate | Expats.cz

With Prague property prices on the rise, many Praguers are looking to move to smaller towns outside the city. But choosing a new home base can be challenging, especially if you don't know where to start looking.

Business | Real Estate | Radio Prague

A Prague resident would need to spend 14.2 years' salary for a medium-size apartment (70 square metres), if having no other expenses, according to a new study based on statistics compiled by three leading property developers. The average price of a new flat sold in the Czech capital has risen by 88% since mid-2015, but by just 1.6% in the past year, to CZK 106,392 per square metre.

Business | Real Estate | Expats.cz

According to newly released research by UBS Global Wealth Management (GWM), there's a chance the residential market in Prague will slow down this year, though UBS analysts expect positive price growth to return later on – just at a slower pace than before.