Summary of the Residential Real Estate Market in the Czech Republic in 2024 and the Outlook for 2025
Housing Price Trends from 2021 to 2024 The Czech real estate market reached its peak at the end of 2021 after several years of sharp increases. Between 2018 and 2021, apartment pri
New Apartment or Renovating an Old One? How to Make the Right Choice in the Czech Real Estate Market
Real estate prices continue to rise, and the dream of owning a home—especially in Prague—is becoming increasingly out of reach for more and more people. Prospective buyers ofte
Sales of New Apartments in Prague Nearly Doubled Over 2024, Prices Rose by 7%
There was massive demand for new apartments in Prague throughout last year. A total of approximately 7,200 apartments were sold in the capital in 2024, an 80% year-on-year increase
Early 2024 – Is the Real Estate Rally in the Czech Republic Beginning?
On December 22, 2023, the Czech National Bank announced a 0.25% reduction in the national interest rate, effective immediately. This marks the first interest rate cut by the Czech
PRICES OF APARTMENTS IN PRAGUE
Prague, the capital of the Czech Republic, is a three to four hours flight away from Israel. Prague is one of the most popular tourist cities in the world and magnificent att
Changes in VAT Rates in the Czech Republic Starting in 2024, Including Real Estate Implications
Czech President Petr Pavel has signed an updated package of the government’s economic measures as part of a recovery plan. This package includes changes compared to the origi
MODŘANY BOROUGH – AN EMERGING OPPORTUNITY TO INVEST IN PRAGUE REAL ESTATE
Modřany (Moderschan in German) is a truly unique Prague neighbourhood. Mainly, because for most of its history it wasn’t even part of Prague. Modřany was named for the blue
Official interest rate of the Czech National Bank – monthly average (in percentages)
In light of rising global inflation and frequent interest rate hikes, we found it important to update you on the latest changes and developments in Prague, their impact on the real
THE DIFFERENT QUARTERS IN PRAGUE – CHARACTERISTICS AND ATMOSPHERE
PRAGUE’S MUNICIPAL STRUCTURE Prague, the capital city of the Czech Republic, has a two- or three-layered local administrative structure, depending on the area. The Pragu
RELOCATING TO PRAGUE? THIS ARTICLE IS FOR YOU
QUESTION – HOW LONG DOES IT TAKE TO LEASE AN APARTMENT IN PRAGUE? Answer – it all depends on what you are seeking and what your requirements are. If you are looking for a reaso
