Thursday, 19 April 2018

Real Estate

Flats for short-term rentals on the rise

Prague TV |
3 March 2017

The increasing number of flats being turned into short-term rentals is impacting on hotels and also rental properties in Prague and elsewhere in the Czech Republic.

Prague 5 is developing plan for its riverfront

Prague TV |
1 March 2017

Prague 5 has commissioned a study to revitalize the Smíchov waterfront and downstream area. The study maps out the long-term development of the area for the coming decades.

Central Bohemia and Prague lead in new flats

Prague TV |
28 February 2017

The highest amount of new flats per inhabitant were built in the Central Bohemia region between 2010 and 2015, according to the Czech Statistical Office. Some 4.4 flats were built annually for each 1,000 inhabitants.

Průmyslový palác reconstruction takes a step forward

Prague TV |
22 February 2017

One wing of the Industrial Palace (Průmyslový palác) at Výstaviště in Prague's Holešovice district was destroyed in a fire in 2008 and has yet to be rebuilt. The city, which owns the complex, is now looking at two options. One is to create a replica of the landmark historical structure. The other is to build something completely new.

Břevnov may get a futuristic highrise

Prague TV |
8 February 2017

Proposals for a housing development in Prague's Břevnov district include a futuristic skyscraper that has some local residents complaining that it would ruin the look of the neighborhood around the Kajetánka estate.

Svoboda & Williams discusses real estate trends

Prague TV |
7 February 2017

The real estate market has undergone a substantial recovery, but there are changes and trends people should be aware of, including a move toward greener buildings and new rules governing mortgages.

Office vacancy drops in Prague

Prague TV |
31 January 2017

The office vacancy rate in Prague reached 10.6 percent at the end of the fourth quarter of 2016, down 1.1 percentage points compared to the previous quarter, according to figures from Prague Research Forum (PRF).

Old Town Square building sold for record price

Prague TV |
25 January 2017

Development firm Coast Capital Partners (CCP) has purchased a historical building on Prague's Old Town Square for CZK 500 m.

Penta plans development at the Nusle brewery

Prague TV |
20 January 2017

Business conglomerate Penta Investments bought the site of a former brewery in Prague's Nusle neighborhood, and they plan to build a CZK 2 billion project with some 450 flats. A historical property on the site will be preserved and likely have shops and offices as well as some flats.

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.

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