Property buying guide for Czech Republic
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Property prices in the Czech Republic

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In the Czech Republic, there are virtually two very different real estate markets with prices in the capital markedly higher than everywhere else. It is hardly surprising though, as Prague is the country’s cultural, tourist and financial centre with unparalleled prices, save the world-famous resort Karlovy Vary where one-bedroom apartments go from €150,000 to €300,000. A similar flat in the other equally renowned spa towns Mariánské Lázně and Františkovy Lázně start from €70,000.

Property prices in the Czech Republic plummeted in 2009 when the financial crisis hit Europe, yet, apartments in Prague are cheap even today (cost of Prague flat prices is on average €2,500/sq.m) compared to those in other European capitals. The central area, Prague 1, is the most expensive and valued at €5,400/sq.m. Buyers looking for better deals can find the cheapest Prague property prices in district 9, 10 and 4. The Czech Republic is the land of castles, with good reason, as there are about 2,500 stone fortresses here with prices comparable to ordinary flats in other European capitals.

Since 1 May 2009, any foreigner can buy property in the Czech Republic if they are registered as an individual or legal entity.

Prague Karlovy Vary Other cities
Apartments (flats) 1,485–2,222 700–1,400 650–1,150
Detached property
(houses, villas)
1,250–1,600 1,250–1,600 450–800
Luxury property
(castles, mansions, estates)
3,000–4,500 3,000–4,500 3,000–4,500
Property for sale in the Czech Republic 667 listings on Tranio
Five-room stylish apartment in Prague 6, Czech Republic for 515,000 € 515,000 €
Five-room stylish apartment in Prague 6, Czech Republic

Total area 142 m² 3 bedrooms

Stylish two-bedroom apartment in Prague 7, Prague, Czech Republic for 317,000 € 317,000 €
Stylish two-bedroom apartment in Prague 7, Prague, Czech Republic

Total area 81 m² 2 bedrooms

Three bedroom apartment with panoramic views in the fifth district of Prague for 737,000 € 737,000 €
Three bedroom apartment with panoramic views in the fifth district of Prague

Total area 181 m² 3 bedrooms

One-bedroom apartment in a modern complex, Prague 10, Prague, Czech Republic for 363,000 € 363,000 €
One-bedroom apartment in a modern complex, Prague 10, Prague, Czech Republic

Total area 103 m² 1 bedroom

Apartment – Prague, Czech Republic for 426,000 € 426,000 €
Apartment – Prague, Czech Republic

Total area 135 m²

One-bedroom apartment in the historical center of Prague, Prague 1 district, Czech Republic for 309,000 € 309,000 €
One-bedroom apartment in the historical center of Prague, Prague 1 district, Czech Republic

Total area 56 m² 2 bedrooms

New home – Prague 5, Prague, Czech Republic for 395,000 € 395,000 €
New home – Prague 5, Prague, Czech Republic

Total area 64 m² 2 bedrooms

Condo – Hradec Kralove, Czech Republic for 165,000 € 165,000 €
Condo – Hradec Kralove, Czech Republic

Total area 90 m² 2 bedrooms

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    Property buying guide for Czech Republic
    Article 1 of 6

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    Tranio’s managers offer advice on buying real estate in the Czech Republic
    Marina Filichkina
    Marina Filichkina
    Head of Sales Tranio Thailand, Europe
    +44 17 4822 0039
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