Czech Housing

Today, with investment and restructuring taking place, Prague is poised to enjoy even more economic growth within the coming years. Commitment to EU, Prague is holding firm to its history and abundance of natural wealth whilst growing in Prosperity.

One of the most attractive things when looking at investing in a property in Prague is the price one has to pay.

If one wants to build a new home from the drawing board, there is no problem. One can choose the ideal spot, designing, creating and building something really special, adding to it, stables a workshop or studio.

Prague houses are built in the traditional way to meet local building requirements and to maintain continuity with traditional local architecture.

Prague property usually comes with the delightful combination of ancient tradition mixed with the modern facilities we expect.

Living in Prague City

Prague real estate market is similar to any West European city regarding the standard of apartments and houses offered for long term rent. However the locality is decisive for expats and skilled people.

Prague is nowadays famous for its beautiful villas set amidst prettified gardens, homes to many Embassies, but the number of houses offered for rent is very limited.

The vicinity of International School in nearby village of Nebusice has made Prague more popular. These areas are counted as residential areas of the highest quality favored by most expatriates, but also the most expensive ones.

Dutch developers bought 52,000 square meters of land in Prague’s most expensive residential area with the intention to build modern residential area, 40 family houses with gardens and lots of greens.

Regarding the apartments the latest residential project in Bubenec, is a good example of modern architecture providing comfortable accommodation set in the center of an embellished garden.

The flats offer high level of privacy and can be furnished at extra cost. Facilities such as schools, cinemas, public transport, safe underground parking attract the attention especially of diplomats, as they have to deal with distance to the airport, to the embassies as well as to inner Prague.

The classical lay out or penthouses are located mostly in private owned villas and are often cheaper. The tenant does not have to pay service charges.

The disadvantage of most of these is lack of garages.

Every Prague property guide includes prestigious development of houses by the International school situated in a secluded and exclusive community.

A project of 145 houses in the Nebusice village community provides accommodation for hundreds of expatriates. It is northwest of Prague amidst green lakes and woods serving those people who decide to live in this pristine location.

The homes with western open floor plan are well suited for young families or couples.

The number of new houses in this area has increased but in spite of this, there are many potential clients on waiting lists of rental agencies.

Close to busy Nebusicka road, one can find imposing villas with wide driveways and swimming pools in the backyards. The rents, which include the gardener and security services etc. are EUR 5,000 up to 7,000.

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