Friday, 24 May 2019

Real Estate

Flatio - Czech start-up for mid-long & term rentals

Prague TV |
18 July 2017, a Czech startup that provides accommodation for periods between one to six months.

Developers want red tape reduced

Prague TV |
3 July 2017

Building a new apartment building can take 10 years. The construction itself from groundbreaking to inspection takes two years. Most of the time is taken up by preparations where the developer must obtain dozens of permits. Critics say this is leading to a shortage of flats and driving up prices.

Karlín Group and Horizon Holding to build 800 apartments in Prague

CIA News |
2 Jun 2017

Karlín Group and Horizon Holding are readying the new Zahálka residential quarter with 800 apartments in Prague. The apartments will be built on a brownfield near the Hodkovičky golf course and the main cycling path in Prague.

CEEC: Most developers anticipate retail parks' development

CIA News |
18 May 2017

Retail parks will see the biggest development of all types of commercial premises in the Czech Republic in the coming years. This is estimated by 80% of polled directors of development companies.

Prague may be short of flats in the future

Prague TV |
18 May 2017

The population of Prague is expected to rise to 1.37 million by 2030, adding some 93,000 to the current population. This estimate, which is based on the city's strategic plan for development, draws attention to the lack of new affordable housing being built.

Florenc area to be spruced up

Prague TV |
12 May 2017

The area near the Florenc metro stop and bus depot is one of the less inviting places in the city. But that may change. Za Poříčskou bránou is set to be revitalized.

Prague planning to face climate change

Prague TV |
24 April 2017

The average temperatures in Prague have gradually risen to more 10 degrees Celsius since the 1960s, and the city is looking at ways to mitigate the problem. While 10 degrees does not sound warm, the average takes into account nights and also winter. The city wants to use green plants help to control the temperature.

Apartment prices up 30 percent in two years

Prague TV |
20 April 2017

Apartment prices in Prague have been rising. In January and February 2017 the average price for a new apartment rose 2.5% to CZK 88,500 per square meter, representing an annual increase of 21.2%. In two years, housing prices have risen by more than 30%.

Demolition begins on Wenceslas Square 47

Prague TV |
18 April 2017

The long battle over the building on the corner of Wenceslas Square and Opletalova Street is over. Demolition began Saturday, April 15, with a scaffolding and tarps being erected, ending a six-year saga. A new glass building at Václavské náměstí 47 called Flower House will be erected on the site by developer Flow East.

Park next to the National Museum will see changes

Prague TV |
27 March 2017

Čelakovského sady next to the National Museum at the top of Wenceslas Square is set to be upgraded, after the renovations to the museum are finished. It has recently been a place were homeless people and drug users congregate due to it being a bit isolated between two busy roads.

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