Thursday, 17 October 2019
Prague | Real Estate | Radio Prague

A study published by the Czech Banking Association predicts housing prices will decrease slightly in the coming years, mainly in municipal districts where more apartment complexes are being built.

Business | Real Estate | Brno Daily

The Velký Špalíček shopping centre in Brno is up for sale, according to Czech TV. When Špalíček opened at Dominikánská 5 almost 20 years ago, it met with strong public criticism. The building was built upon Gothic cellars, and in the view of many, its architecture and design do not respect its surroundings.

Business | Real Estate | The New York Times

In the capital city of Prague, developmental red tape and high construction costs have led to short supply and rising prices.

Finance | Real Estate | Expats.cz

Most Prague districts agreed to an increase the real estate tax coefficient. Some 53 out of a total of 57 districts were in favor of changing the method of determining the amount of tax, according to Deputy Mayor Pavel Vyhnánek (Praha sobě). The four districts not planning an increase were not identified.

Business | Real Estate | Radio Prague

Despite being in his early 30s, Martin Mucha is already a successful Czech businessman in New York. Many locals may know Igluu, the real estate website he co-founded which claims to be the largest source of verified home listings in the Big Apple.

Business | Real Estate | Radio Prague

The price of flats in Prague has gotten cheaper by 0.3 percent according to data for the past three months, the first drop since 2011, according to the Czech Statistics Agency. However, experts say they do not expect any sharp decrease or increase. Meanwhile, prices for flats outside Prague continue to grow, by 2 percent in the past three months, Czech Radio's news site iRozhlas reports.

Business | Real Estate | Radio Prague

The average apartment in the centre of Prague is not only far more expensive than a comparable flat other central European capitals, such as Bratislava or Warsaw, it is approaching that of Berlin. This is according to the website Numbeo, which bills itself as the world's largest database of worldwide housing (real estate) prices.

Prague | Real Estate | Expats.cz

The city has been underestimating the number of people in Prague, and this has a big impact on future urban planning. While the Czech Statistical Office puts the figure at 1.3 million, the real figure of people in the city on a daily basis is almost half a million people higher.