Tuesday, 13 August 2019

Real Estate

PwC report: Prague increasingly attractive for real estate investors

Radio Prague |
14 June 2019
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Prague is catching up with West European real estate markets, the daily e15 reports, citing a new survey released by PriceWaterhouseCooper and the Urban Land Institute, carried out among developers and investors.

Study provides Prague City Hall with vision for new neighbourhood

Radio Prague |
12 June 2019
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Up to 25,000 people could be living in Prague 7's Bubny neighbourhood, at least according to a study commissioned by Prague City Hall, whose results were announced at a press conference of Tuesday.

New flats in Prague increasingly out of reach

Radio Prague |
7 June 2019
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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.

Prague to have The Flow Building

Prague Daily Monitor |
5 Jun 2019

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.

Skyrocketing housing prices in Brno to stabilize in the coming years

Brno Daily |
4 June 2019
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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.

Getberg developer gives tours of smart home project in Vysoký Újezd

Prague Daily Monitor |
24 May 2019

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.

Major new residential and office district to go up in Prague's Hagibor district

Radio Prague |
16 May 2019
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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.

Prices of new apartments in Prague keep rising

Prague Daily Monitor |
11 Apr 2019

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.

HN: More foreigners buying Prague flats as homes rather than investments

Radio Prague |
28 March 2019
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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.

Proposals for Rohan City's 2nd phase unveiled

Prague TV |
15 March 2019
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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.
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