Sunday, 19 May 2019
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.

National | Real Estate | Brno Daily

Brno's official Housing Strategy lists Západní brána in Starý Lískovec among nine development sites suitable for the construction of the new residential dwellings. The area between Labská and U Penzionu, currently used as a parking lot, will become the site of the construction of new apartment buildings with 150 units.

Business | Real Estate | Radio Prague

The sale price of a flat in Prague and the regional Czech capitals increased on average by 10.1 percent year-on-year at the end of the third quarter of 2018 to 56,800 per square metre, according to a study by the consultancy Deloitte.

Prague | Real Estate | Prague TV

Pavel Knor is one of the relocation consultants at the Foreigners Relocation Agency. His job is to arrange the best deals for expats coming to live in Prague and find the perfect apartment according to their needs. He offers some useful advice on how to find the perfect flat in the Czech capital.

Prague | Real Estate | Prague TV

More people are moving to the suburbs just outside of Prague's city limits. In the past, the demand was mainly for houses with gardens. More recently, people have been seeking apartments, and developers are newly adding more apartment buildings to suburban projects.

Prague | Real Estate | Prague TV

The Prague Institute of Planning and Development (IPR) released an analysis of projects that tracks important aspects of the Prague apartment market such as where, at what pace, how many and what types of apartments are built, as well as how the demand develops.

Business | Real Estate | Radio Prague

The rise in apartment prices in the Czech Republic, which has been extremely rapid in recent years, has come to a halt or at least decelerated, due to Czechs reaching the limits of their purchasing power as well as new mortgage regulations, iDnes.cz reported. However, things are rather different in Prague, the news site said. The average cost of a new flat in Prague has now passed the CZK 100,000 a square metre mark and prices are expected to continue getting higher in the city.

Prague | Real Estate | Prague TV

A plan has been approved for completely rebuilding Prague's largest square, Karlovo náměstí. The total revitalization of the park is estimated at about CZK 230 million and should be completed in 2025. The winning team proposes to divide the work into three phases. This will range from minor adjustments that can be implemented quickly to major changes that are long-term goals. To save the dying trees, some modifications will be made greenery next year.