Monday, 15 July 2019
Prague | Real Estate | Radio Prague

Prague inhabitants with an average salary would have to work for nearly fifteen years for a flat of approximately seventy square metres, if they didn't have any other expenses, suggests a study by the developer company Central group. Just a year ago, Praguers needed to work less than 14 years to acquire a flat, while in 2014 it was less than ten years.

Business | Real Estate | Prague Daily Monitor

Next year, a new glass building will be erected on the corner of Wenceslas Square and Opletalova Street. Developer Flow East announced the site will be called The Flow Building.

Business | Real Estate | Brno Daily

After several years of ever-rising rents in Brno, the cost of housing in Brno might be finally cooling down. However, numerous factors on both the demand and supply sides may still affect the situation.

Business | Real Estate | Prague Daily Monitor

The development company GETBERG, which builds homes in Prague and its vicinity has announced that the first home from their Black Roofs project will be open on Saturday, 25th May to those interested in a tour.

Prague | Real Estate | Radio Prague

A new residential and office quarter is set to go up in the Prague 10 district that will contain up to 650 apartments and become the home of one of the country's top orchestras, iHned.cz reported.

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.