Buying castles is getting more and more popular

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.

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New residential district to be built in Žižkov

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

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Praha belongs among „smart cities“

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

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Real estate prices have increased

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.

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New investors from China and Israel

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

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Fireworks of various colors bursting against a black background

Happy New Year

ERA Reality wishes all of you a Happy New Year. We hope that 2017 will only bring joy of your housing for you. If you’re thinking of buying a new property or renovating your current one, we hope that all goes well. Our real estate agency will there be for you next year as well,

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Prices of older apartments in Czech Republic are rising

According to a real estate agency, which compared prices of 1, 5 million flats, prices of older properties in Czech Republic rose in the year 2016 an average of 9.5 %. This is caused by Prague, the capital city of Czech Republic, where the average price of houses is € 150 000. In Prague prices of older

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House from the first movie of Harry Potter is for sale

  Fans of Harry Potter now can buy the house in which Harry Potter lived all his childhood in the movie before he moved to Hogwarts. Real estate agency, which is offering this property, is selling this house for € 555 555. This house was fully renovated and is located, according to the real estate agency,

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