Friday, 24 November 2017

Real Estate

Prague has most expensive old houses

Prague TV |
21 March 2017

Old houses in Prague are five times more expensive than in the Vysočina region, which is the least expensive area of the Czech Republic. A square meter in Prague was CZK 50,840 on average at the end of the year, while in Vysočina it was CZK 9,618. Prices went up an 11.6% on average nationwide to CZK 23,218 per square meter, according to the company CeMap.

Real estate firm owner Morcinek to head ANO's election campaign

ČTK |
17 Mar 2017

Petr Morcinek, who owns the M&M Reality estate firm, will be the chief manager of the Czech government ANO movement's campaign ahead of the October general election, ANO spokesman Vladimir Vorechovsky told CTK on Thursday, adding that the ANO board has approved Morcinek's nomination.

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Prague city council looks at construction of social housing

Radio Prague |
17 March 2017

Prague City Hall is planning to build hundreds of council houses within the next few years, the daily Hospodářské noviny wrote on Thursday. The first apartments are set to be built at the Černý Most housing estate. According to the daily, City Hall plans to select more locations in the city where hundreds of council apartments could be built in the near future.

KKCG invests several billions into Top Rezidence projects in Prague

CIA News |
10 Mar 2017

KKCG plans to invest several billions of korunas into Top Rezidence residential projects in Prague in the coming years. The group is currently working on four locations.

Changes for Malostranské náměstí could start next year

Prague TV |
10 March 2017

Prague representatives have approved preliminary ideas for the future appearance of Malostranské náměstí and the city could obtain a building permit this year. Work would not begin until 2018. The plan calls for fewer cars and more culture.

City to improve flood protection for Old Town

Prague TV |
9 March 2017

Prague City Hall has approved increased flood protection for Old Town and Josefov. The barriers will be 30 centimeters higher than the 2002 flood level.

Parking may return to Malostranské náměstí

Prague TV |
7 March 2017

Members of Parliament are considering the creation of a buffer zone around the Chamber of Deputies building in Malá Strana for safety.

Belgická street repairs to start again

Prague TV |
6 March 2017

The last phase of repairs to Belgická Street in Prague's Vinohrady district will start on Monday, March 6, with traffic closed between Bruselská and Jana Masaryka streets.

Flats for short-term rentals on the rise

Prague TV |
3 March 2017

The increasing number of flats being turned into short-term rentals is impacting on hotels and also rental properties in Prague and elsewhere in the Czech Republic.

Prague 5 is developing plan for its riverfront

Prague TV |
1 March 2017

Prague 5 has commissioned a study to revitalize the Smíchov waterfront and downstream area. The study maps out the long-term development of the area for the coming decades.

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