AFI Europe reaches full occupancy in Prague rental portfolio and expands with new developments

AFI Europe has reached full occupancy across its portfolio of rental apartments in Prague, operating under the AFI Home brand. The company now manages nearly 900 fully leased apartments across three key residential locations: Třebešín, Karlín, and Vysočany. Despite this milestone, AFI Europe is continuing its expansion in the rental housing market, actively constructing and planning new projects to meet the city’s growing demand for quality rental homes.

New Developments Underway

The company is currently developing four new apartment buildings as part of the AFI Home Nová Elektra project, which will add 291 rental flats to its portfolio. Additionally, AFI Europe is making significant progress in the AFI Home V Koryty development, where the first phase will introduce 252 new rental units. Alongside these, further rental housing projects are in the pipeline, reinforcing AFI Europe’s long-term commitment to expanding Prague’s modern rental housing sector.

Meeting Strong Demand for Quality Rental Housing

According to Elena Pisotchi, Rental Housing Manager at AFI Europe, the company’s high occupancy rate, ranging from 94% to 98%, reflects strong demand for high-quality rental homes in Prague. Pisotchi noted that tenants frequently relocate within AFI Home’s portfolio based on life changes such as job relocations or family transitions, emphasizing the flexibility and appeal of professionally managed rental housing. To further enhance adaptability, a small number of apartments are intentionally kept available for short-term rentals, ensuring responsiveness to fluctuating market demand.

Overview of AFI Home’s Existing Portfolio

AFI Home currently operates four rental residences, each designed to provide a high level of comfort, convenience, and accessibility.
• AFI Home Kolbenova in Vysočany is the largest project, comprising 640 apartments across two phases. Located within the emerging AFI City district, the residence offers excellent transport links, including proximity to the Kolbenova metro station, as well as on-site amenities such as an urban park, grocery store, and co-working center.
• AFI Home Karlín, near Křižíkova metro station, is a 171-apartment complex that blends historic architecture with modern extensions, offering easy access to Prague’s city center and a vibrant local scene with shops, services, and cultural activities.
• AFI Home Třebešín, a smaller development in Prague’s Strašnice district, consists of 61 rental units and offers a tranquil residential setting near two city parks, while still maintaining convenient city center access.

Premium Living Standards Across All AFI Home Residences

AFI Europe ensures that all its rental residences meet high-quality standards, featuring modern design, furnished interiors, and thoughtful amenities. Each apartment includes a fully furnished living room, bedroom, and kitchenette, with most units also featuring balconies or loggias. Residents benefit from ample parking, 24-hour reception services, and dedicated property management, ensuring regular maintenance and seamless tenant support.

With Prague’s rental market showing continued demand for well-managed, high-quality living spaces, AFI Europe is positioned as a key player in the city’s expanding rental sector. The company’s ongoing investments in new developments are set to further enrich Prague’s modern rental housing market, solidifying its reputation as a leading provider of premium rental accommodations.