Tuesday, 22 August 2017
Prague | Business | Real Estate | Prague TV

The area near the Florenc metro stop and bus depot is one of the less inviting places in the city. But that may change. Za Poříčskou bránou is set to be revitalized.

Prague | Real Estate | Prague TV

The average temperatures in Prague have gradually risen to more 10 degrees Celsius since the 1960s, and the city is looking at ways to mitigate the problem. While 10 degrees does not sound warm, the average takes into account nights and also winter. The city wants to use green plants help to control the temperature.

Prague | Real Estate | Prague TV

Apartment prices in Prague have been rising. In January and February 2017 the average price for a new apartment rose 2.5% to CZK 88,500 per square meter, representing an annual increase of 21.2%. In two years, housing prices have risen by more than 30%.

Prague | Real Estate | Prague TV

The long battle over the building on the corner of Wenceslas Square and Opletalova Street is over. Demolition began Saturday, April 15, with a scaffolding and tarps being erected, ending a six-year saga. A new glass building at Václavské náměstí 47 called Flower House will be erected on the site by developer Flow East.

Prague | Real Estate | Prague TV

Čelakovského sady next to the National Museum at the top of Wenceslas Square is set to be upgraded, after the renovations to the museum are finished. It has recently been a place were homeless people and drug users congregate due to it being a bit isolated between two busy roads.

Business | Real Estate | Prague TV

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Business | Real Estate | Prague TV

Old houses in Prague are five times more expensive than in the Vysočina region, which is the least expensive area of the Czech Republic. A square meter in Prague was CZK 50,840 on average at the end of the year, while in Vysočina it was CZK 9,618. Prices went up an 11.6% on average nationwide to CZK 23,218 per square meter, according to the company CeMap.

Prague | Real Estate | Radio Prague

Prague City Hall is planning to build hundreds of council houses within the next few years, the daily Hospodářské noviny wrote on Thursday. The first apartments are set to be built at the Černý Most housing estate. According to the daily, City Hall plans to select more locations in the city where hundreds of council apartments could be built in the near future.