Wednesday, 18 January 2017

Real Estate

Red tape is tying up development of new flats

Prague TV |
12 January 2017

Taking the average wages into account, people pay significantly more for flats in Prague than in neighboring Germany and Poland. Developers say the situation is due to bureaucracy, which hinders development.

iHned: Volume of mortgages up over 20% in 2016 for new record

Radio Prague |
11 January 2017

Czechs borrowed a record amount in mortgage loans last year, iHned.cz reported on Tuesday. The news website said market leader Hypoteční banka had estimated the total volume of such borrowings for 2016 at CZK 225 billion – an increase of 22% on the previous year.

Prague to get more office space

Prague TV |
5 January 2017

Very few office complexes were completed in Prague in 2016, and the number should be five times larger this year. The largest of the new projects is Main Point Pankrác in Prague 4, from domestic developer PSJ Invest.

Prague's squares to be renovated

Prague TV |
2 January 2017

The city's largest square, Karlovo náměstí, may finally be upgraded

Real estate in Prague for sale and rent

Prague TV |
29 December 2016

Looking to rent or purchase a new apartment in Prague? Our listings of real estate agencies is the place to look for the best realtors in the Czech capital to assist you in managing, renting, buying or selling property.

Flats in short supply in Prague and Brno

Prague TV |
28 December 2016

The number of flats available on the real estate market is low due to demand, with some categories of flats in particularly short supply in Prague and Brno.

Mortgage rates hit all time low

Prague TV |
23 December 2016

A new record was set in the Prague mortgage market in November. The average interest rates hit a historic low of 1.77 percent, according to statistics from Fincentrum Hypoindex.

Colliers International and Knight Frank to exclusively let Avenir Business Park

Prague Connect |
21 December 2016

Colliers International and Knight Frank have been appointed as Exclusive Letting Agents for Avenir Business Park in Prague 5 – Nové Butovice, a state-of-the-art office complex owned by Hudson, the first stage of which was completed in 2004.

Congress Center Prague to get overhaul

Prague TV |
20 December 2016

Few people are fans of the former Palace of Culture building in Prague's Vyšehrad district. Some Kč 1 billion will be spent to transform its interior and surroundings.

Colliers highlights importance of new D8 road opening for logistics real estate

Prague Connect |
19 December 2016

Colliers International today issued a report that highlights the advantages of the impending opening of the last section of the D8 highway – the final piece of the puzzle of only the second complete highway in the country that will connect Prague with Germany and in turn make the Ústí nad Labem region an increasingly attractive location for industrial and logistic parks.

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