Property prices in the Czech Republic
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
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 |
306,000 €
Total area 91 m²
Price on request
Total area 280 m² Land area: 466 m²
Price on request
Total area 253 m² Land area: 1,107 m²
Price on request
Total area 221 m² Land area: 485 m²
Price on request
Total area 104 m² Land area: 400 m²
133,000 €
Total area 31 m²
225,000 €
Total area 54 m²
Price on request
Total area 66 m² 2 bedrooms
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