Saturday, 16 December 2017

Real Estate

Domeq - new residential housing for expats in Brno

Prague Connect |
3 November 2017

CTP and Foreigners.cz inaugurated Domeq, residential housing specially designed for modern expats in Brno. The building has 159 units, with the capacity to accommodate up to 300 people.

UBM and Crestyl to build 160 apartments in Prague

CIA News |
31 Oct 2017

Developers UBM Bohemia Development and Crestyl will jointly prepare a new housing project in Prague 5-Smíchov.

Plan approved for Negrelli Viaduct area

Prague TV |
25 October 2017

Cafes, galleries, and shops should appear in the arches of the Negrelli Viaduct. Prague 8 Town Hall has approved a conceptual study called Negrelli Viaduct - An Opportunity for a Creative City. The changes should take place in about three years after current repairs are completed.

Mortgage market slowing down

Prague TV |
19 October 2017

Interest in new mortgages is still strong, but the tightening of rules for new clients may have begun to show an effect. In September banks signed fewer loans than the same time a year ago and more significantly fewer than in August.

ČR's hot property market is becoming a problem

Yahoo News/AP |
17 October 2017

The Czech Republic's capital has the hottest residential property market in Europe, and it's becoming a problem. A 22 percent spike in prices over the past year is freezing out many locals from buying a home and the risk of a boom and bust in the market has forced the Czech Central Bank to step in to try to cool off demand. While many countries in Europe have seen strong gains in real estate values recently, the Czech capital stands out.

Drn building to open soon

Prague TV |
13 October 2017

The new building called Drn on the corner of the Národní třída and Mikulandská streets is almost completed on the site of a former parking lot. The lowest story will have restaurants and shops and offices are on the upper floors.

Flats in Prague

Prague TV |
5 October 2017

Prague TV's 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. You can choose from a wide range of agencies that cater to both local and foreign clients.

Offers of Czech historic buildings outstrips demand

Radio Prague |
2 October 2017

Offers of historic buildings, castles and stately homes in the Czech Republic outstrip potential interest, according to the Czech News Agency after sounding out real estate agents. Many would be buyers are deterred by the considerable reconstruction work and costs that would be required, real estate agents said.

New flat prices continue to rise

Prague TV |
27 September 2017

Prices for new apartments in Prague in the coming years are not expected to fall. Insufficient supply and strong demand, supported by economic growth and an increase in real wages are driving the prices. The attractiveness of the city also plays a role, as Prague has one of the lowest unemployment rates in Europe.

C&W: 216,583 m2 of office space to be built in Prague in 2018

CIA News |
8 Sep 2017

Office space construction in Prague will total 216,583 m2 in 2018. The current market, totalling 3.25 million m2, will thus grow by 7%.

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