Saturday, 14 December 2019

Real Estate

Skyrocketing housing prices in Brno to stabilize in the coming years

Brno Daily |
4 June 2019

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

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

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

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.

David Černý statues support Prague 8 complex

Prague TV |
8 March 2019

The planned building Nová Invalidovna, which is to be built within three years in Prague 8, will bring together the personal visions of artist David Černý and the architects David Wittassek and Jiří Řezák. The project planning and architectural work is by architecture studio Qarta. The investor and developer of the project is Trigema.

Prices of older flats rising rapidly

Prague TV |
12 February 2019

New flats in the Czech Republic have risen out of reach for many people, and that has put pressure on the prices of already existing flats, according to data from real estate server Bezrealitky.cz.

City approves plan for more flats

Prague TV |
31 January 2019

The Prague City Council asked the Prague Institute of Planning and Development (IPR) to prepare two documents in the next half year for new housing construction. The most important is a current list of city-owned land suitable for new housing construction.

Prague flat prices continue to rise

Prague TV |
28 January 2019

Prices for new Prague flats are continuing to rise, and the situation is not expected to change soon. The average price of a new flat in Prague last year rose 18.6 percent to more than CZK 101,061 per square meter, according to combined data from developers Trigema, Skanska Reality and Central Group. Mortgage restrictions have made flats almost inaccessible for many people. Interest in living in Prague continues to rise, and many new buyers will have to compromise on location and size to find something affordable.

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