In the Czech Republic, more and more people are purchasing castles. According to real estate agencies, the popularity of these kinds of properties rapidly increased this year. The cost of these units can vary from 200 000€ to 8 000 000€. Small castles are usually used for recreation, while bigger ones are used for business.
The Central Group developer is preparing 9 billion CZK (360 000 000€) project in the northern part of the former Žižkov freight station. A quarter of up to 2,600 apartments, a park and a kindergarten are to be built. The concept includes a 14,000-square-meter public park, water lagoons, bridges, street alleyways, real estates, but also
The capital city of the Czech Republic placed 41st among the other 180 metropolises across the globe in the Cities in Motion ranking. Cities in Motion compares modernization, further build and comfort of life in each of the 180 included cities. Praha left neighboring cities, such as Warsaw, Budapest or Bratislava, far behind. Given the city’s
According to CTK, real estate prices keep increasing in the Czech Republic. Only in a span of five months, from January to May 2017, have prices increased by 6,7%. The biggest change is seen in Liberec, where the difference is 17%. Apart from Liberec, we can see changes bigger than 10% in Pardubice and Vysočina.
Investors from China and Israel are very interested in Czech real estates lately. The Czech Republic has always been popular among foreign investors who are looking for residential and commercial properties. Before most of the investors came from Russia, Vietnam and UK. However, these days Chinese and Israeli citizens are also starting to be interested