ČR to let foreigners buy property
E15 The cabinet endorsed an amendment that would enable foreigners to buy Czech residential property. If endorsed by parliament and by the president, the law could come into effect next May.
View ArticleSporting hall, archive buildings of the year
A panel of experts selected Monday the five most interesting structures in the Czech Republic completed between June 2007 and May 2008.
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Praguescape: Tunnel vision
by Kristina Alda | Prague Daily Monitor Will Prague's multiple passage projects really solve its traffic problems?
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Praguescape: Hotelisation
by Kristina Alda | Prague Daily Monitor What will Prague's continuing lodging boom mean for the city's streetscape?
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Changing the structure
by Kristina Alda | Prague Daily Monitor Few Prague landmarks reflect the city's political landscape as poignantly as the former Federal Assembly building on Wenceslas Square.
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Tenants gaining value over real estate developers
by Denisa Novotná | E15 Tenants are gaining value in the Czech office space market. Real estate brokers have already started reacting to their strong position in property lease negotiations.Subscribe...
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Uncovering Prague's layers
by Kristina Alda | Prague Daily Monitor Archaeologists have until the end of the year to complete their survey of the site at Národní right behind Tesco, so that the long-postponed construction of the...
View ArticleAnalysts: ECM REI to end Q1 in a loss worth CZK 92.4m
CBW Real estate company ECM Real Estate Investments will post a loss worth CZK 92.4m in Q1 this year, which is a year-on-year improvement compared with a loss of CZK 393m the firm posted in 2008,...
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Praguescape: Traces of industry
by Kristina Alda | Prague Daily Monitor Biennale brings attention to the beauty of warehouses and factories.
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Praguescape: In the pink?
by Kristina Alda | Prague Daily Monitor Transforming panel housing estates such as Jižní Město into vibrant communities can't be just about restoring individual buildings and painting them pink.
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Premium Red to partake in Karlín development
by Denisa Novotná | E15 Real Estate Karlin Group has sold part of its River Gardens development on Rohanské nábřeží to Premium Red, a real estate developer belonging to Volksbank group.
View ArticleTwo areas where investing in property wallops alternatives
Prague Connect We discuss the disadvantages of investing in real estate because, yes, there are some, but for this article let’s look at the top two reasons where it beats alternatives.
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Fairytale parts of Prague for great living
Albertov Rental Apartments Unique residential apartments for rent offered by Albertov Rental Apartments
View ArticleChoosing an apartment from abroad
www.foreigners.cz If you are coming to the Czech Republic to work or study and need to rent an apartment even before you arrive, it is important you know the process, and the potential risk.
View ArticleRentals in Prague
Home Sweet Home Have you been pondering for some time whether to move to Prague and start a new life here? Start looking into housing options.
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Private apartment rather than a hotel - different tourist experience
Flat in Prague FLAT IN PRAGUE is offering an attractive alternative to hotel stays. Staying in one of the spacious apartments is often much more cost-effective than booking a cramped room in an...
View ArticleSkanska Property ČR acquires FIVE! project in Prague 5
CIA News Skanska Property Czech Republic has acquired into its commercial portfolio the FIVE! development project in Anděl-Smíchov business location, Na Valentince street, Prague 5.read more
View ArticlePRF: Office space in Prague exceeds 3 million m2
CIA News The total size of modern office space in Prague exceeded 3 million m2 at the end of 2014.read more
View ArticleČIA News survey: Raiffeisen – Leasing doing well in real estate
CIA News Raiffeisen – Leasing funded deals worth CZK 4.3bn in 2014. According to a statement by director Alois Lanegger within the framework of a ČIANEWS survey, CZK 1.385bn of it was in real-estate...
View ArticleDaramis Group to sell 30% more flats this year
CIA News This year, the Daramis Group wants to sell roughly 30% more flats than in 2014. At the end of 2014, the company launched two residential projects on the market, Karlín Park and Marina...
View ArticleMfD: Rich Azeris buying luxury property in Prague
ČTK Not only Russians, but also an increasing number of Azeris are buying luxury property for tens of million crowns in Prague which they consider a safe haven for their money, daily Mlada fronta Dnes...
View ArticleSkanska sells Corso Court to Invesco Real Estate
CIA News Skanska Property Czech Republic has sold the Corso Court office project in Prague 8-Karlín to the fund led by property manager Invesco Real Estate.read more
View ArticleEkospol predicts sales exceeding 900 apartments this year
CIA News The company EKOSPOL predicts sales of over 900 apartments in 2015. The company sold 760 apartments in the first three quarters of this year.read more
View ArticleCBRE: 40,000 m2 of offices to be built in Prague in 2016
CIA News Offices sized ca. 40,000 m2 will be built in Prague in 2016. The construction activity is set to multiply in the coming years, the study of planned office property building projects in Prague...
View ArticleMfD: Prague landlords reluctant to let flats to foreigners
ČTK Landlords in Prague often refuse to let their flats to foreigners, mostly those from the Far East for various reasons, MfD writes, adding that this is revealed by the ads, real estate agents and...
View ArticleKKCG invests several billions into Top Rezidence projects in Prague
CIA News KKCG plans to invest several billions of korunas into Top Rezidence residential projects in Prague in the coming years. The group is currently working on four locations.read more
View ArticleReal estate firm owner Morcinek to head ANO's election campaign
ČTK Petr Morcinek, who owns the M&M Reality estate firm, will be the chief manager of the Czech government ANO movement's campaign ahead of the October general election, ANO spokesman Vladimir...
View ArticleCEEC: Most developers anticipate retail parks' development
CIA News 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...
View ArticleKarlín Group and Horizon Holding to build 800 apartments in Prague
CIA News 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...
View ArticleC&W: 216,583 m2 of office space to be built in Prague in 2018
CIA News Office space construction in Prague will total 216,583 m2 in 2018. The current market, totalling 3.25 million m2, will thus grow by 7%.read more
View ArticleUBM and Crestyl to build 160 apartments in Prague
CIA News Developers UBM Bohemia Development and Crestyl will jointly prepare a new housing project in Prague 5-Smíchov.read more
View ArticleTrigema will offer up to 2,500 apartments in next five years
CIA News Trigema currently offers nearly 100 apartments. It prepares new projects offering up to 2,500 apartments in next five years. It prepares also 15,000 m2 of commercial area and 33,000 premises...
View ArticleCPI acquires 450,000 sq m of land for residential construction
CIA News In November 2017, CPI PROPERTY GROUP (CPI) completed the acquisition of two real estate projects for the future residential development.read more
View ArticleCBRE: Volume of real estate investments will reach EUR 3.3bn
CIA News The volume of real estate investments in 2017 will show the second highest figure in history and will be close to the threshold of EUR 3.3bn.read more
View ArticleFormer Palmovka bus station to be redeveloped
by Hrishabh Sandilya | Prague Daily Monitor Hospodářské noviny reports that the disused bus station in Palmovka, looks all set to see redevelopment to the tune of CZK 1.2 billion, after the board of...
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Government considering faster building permissions
Prague Daily Monitor Hospodářské noviny reports that the government is making a serious attempt to change the regulatory requirements for new construction and make things faster from the current 40 to...
View ArticleSurvey: Property is overpriced; lending regulations will not help
Prague Daily Monitor 83% of Czechs believe that property values in the country are far higher than they should be, and that recent and upcoming regulation from the Czech National Bank, aimed at...
View ArticleCzechia has the most expensive real estate in Europe for its inhabitants
Prague Daily Monitor A study published by consulting firm Deloitte confirms what most locals in Prague fear as true. An average inhabitant of the Czech Republic would have to save for 11.3 years to...
View ArticleProperty prices in the regions are stabilising
Prague Daily Monitor Hospodářské noviny reports that property prices in cities in certain regions of the country are beginning to stabilise and seem to have reached their ceiling, after years of...
View ArticleProperty prices in big cities have reached their ceiling
Prague Daily Monitor Novinky.cz reports that the price of properties, particularly new apartment buildings in large metropolises across the country seem to be slowly stagnating. This has come at the...
View ArticlePrices of new apartments in Prague keep rising
Prague Daily Monitor 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...
View ArticleGetberg developer gives tours of smart home project in Vysoký Újezd
Prague Daily Monitor 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...
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Prague to have The Flow Building
Prague Daily Monitor Next year, a new glass building will be erected on the corner of Wenceslas Square and Opletalova Street. Developer Flow East announced the site will be called The Flow...
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The Sharing Economy: Airbnb changes the travel market forever
Prague Daily Monitor How is it that Airbnb is worth more than most if not all hotel chains, despite only being in existence less than 20 years? Some people call it the Uber of the travel industry....
View ArticleNa Příkopě shown to be 18th most expensive street in the world
Prague Daily Monitor A study done by Cushman and Wakefield, and advisory firm, shows that Prague's Na Příkopě street is the world's 18th most expensive in terms of real estate rents. Rent on the...
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The most expensive villa in the Czech Republic is for sale
Prague Daily Monitor Luxurious villa measuring about 1105 m² in Prague’s district of Bubeneč is reported to be for sale by a number of Russian outlets. The price is estimated at half a billion CZK,...
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Real estate prices continue to rise throughout the country
Prague Daily Monitor The pandemic hit many markets, but the real estate industry was only minimally impacted. The prices for apartments, land, and houses continue to rise, Idnes.cz reports.read more
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Krejčíř's luxurious villa fails to sell yet again
Prague Daily Monitor Radovan Krejčíř's luxurious villa in Černošice is definitely not on the list of the most desired properties. It has been offered for sale at auctions since 2016, failing to sell...
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