Real Estate Investments in Třinec
The city of Třinec is located in eastern Czech Republic, about 300 km from Prague, near the border with Poland and Slovakia (the latter is about 20 km from the city center). Třinec is home to approximately 35,000 residents across 13 districts. The village of Lyžbice, which was incorporated into the town in 1946, now serves as the city center, replacing Staré Město — the historic center built in the 15th century.
Transportation in Třinec
Třinec is located at a major transportation junction.
Roads
- The international road E75, connecting the city with Český Těšín and the Polish border
- Road I/11, which continues to Bystřice and connects with E75
- Road II/468
- Road II/476
Trains
The city lies along the international Košice–Bohumín railway line, with fast connections from across the Czech Republic (line 320). There are two train stations in the city: Třinec and Třinec Centrum.
Buses
There are 16 bus lines operating in the city.
Investing in Třinec
The city is considered an attractive destination for real estate investment for several reasons:
Industry
The city has a well-developed steel and metal industry, considered the largest in the Czech Republic and the country’s top employer (7,000 employees as of 2021), which draws a large workforce. One of the companies headquartered here is Trinecke Zelezarny, which specializes primarily in manufacturing railway tracks.
The company and its subsidiaries are considered one of the most significant industrial groups in Central Europe, making it one of the leading Czech exporters and positioning the city as a key real estate destination for its workers.
Culture
The city is recognized as a cultural hub due to its large Polish minority, which makes up about 15% of the population. It also hosts the annual Hutnický den festival every May, featuring live performances by Czech and international artists, attracting art enthusiasts from around the world.
Tourism
The city serves as a gateway to hiking trails in the peaks of the Moravskoslezské Beskydy mountain range, making it a year-round tourist destination.
Real Estate Investments in Třinec
As of early 2022, several planning projects are in the pipeline for the city, including: the updated master plan approved on December 8, 2020.
Industrial Real Estate Investment
Since the city is considered an industrial hub, it is reasonable to assume that industrial real estate prices here (as in other industrial zones across the Czech Republic) will continue to rise due to increasing demand.
Residential Real Estate Investment
Additionally, as in other cities across the Czech Republic, residential property prices in Třinec are also expected to continue rising due to high demand. Furthermore, analyst forecasts conducted at the end of 2021 did not anticipate any decline in the national real estate market. As in other small Czech cities, residential investment here is expected to offer an advantage in the form of high rental yields.
