Published at: 2017-10-23 16:45 | Author: Nina Fibigerová
Prague apartments are looking like an ever stronger investment as the lack of new rental product is pushing up rents.
The price of renting in Prague skyrocketed over the first half of 2017 in imitation of the flight path of the city’s overall residential price rises. The average apartment may have cost just CZK 50,000 per sqm to buy in 2014, but the same amount of space in the same apartment will now set you back CZK 75,000. Meanwhile, renting space in a 2-room unit (the most popular size) now costs CZK 14,223 While the latter jumped from CZK 50,000/sqm in 2014 on average to current CZK 70,000 – 75,000/sqm, ren...

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