All Posts in Category: News

To build a private house in the Czech Republic will be 10% more expensive in 2020

To build a private house in the Czech Republic will be 10% more expensive in 2020

New environmental standards for energy consumption and conservation will come into force in the Czech Republic in 2020. For the individual self-builders who have already  received a construction permit, the former rules and standards will apply. But they are recommended to “join” new technologies today. Since 2016, according to the EU directive, the above standards…

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New apartments in Prague, prices are at their “height”

New apartments in Prague, prices are at their “height”

For the first half of 2018, the average price per square meter of residential property for new apartments in Prague was about 95,000 CZK (~ 3,700 €) per 1 m2. For comparison: at the beginning of the year, residential property could have been be bought at 6.2% cheaper. In total, 2750 apartments were sold in…

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In 2017, the total sum of mortgage issued did not reach record high

In 2017, the total sum of mortgage issued did not reach record high

In 2017, buyers of residential real estate were given mortgage credits totaling 224 billion CZK, a year earlier – 226 billion. In annual terms, the volume of mortgages issued descreased by two billion CZK. Last year’s record of the volume of mortgage credits did not fall only due to the fact that real estate prices…

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