Tips for renting and buying apartments
What to expect and what to avoid when looking for an aparatment
Every year, thousands of people head to Prague because of work, study and perhaps even happiness. There are also many foreigners among them, who have chosen the capital to be their temporary or even permanent “home sweet home”. And they all need to live somewhere. If you are one of them, you may find the following tips useful. Whether you are looking for apartments for sale or flats for rent in Prague, it is not good to rush the search process. According to the developers, there are currently over 7,000 apartments in various locations of Prague. We want to introduce you the main locations with advanced civic amenities. In other words, places which are close to local schools, public transport as well as doctors.
Always ask for a place with developed civic amenities
Best addresses are currently located in Prague 5 (Smíchov) and Prague 6 (Dejvice). You can expect a plenty of various types of flats in different types of buildings in Smíchov and Dejvice. A tenement is a classic, but how about trying to live in a loft? The loft can be also found in these locations. As already mentioned, an important aspect is the presence of the high-quality amenities. Who would like to trudge through half of Prague to school or to the doctor? It will be literally a few steps away to a variety of shops, entertainment centers, cultural facilities, sports facilities, but also the authorities. Of course, the bus stop, tram or subway will be in the vicinity of the apartment.
Prices of the apartments are kept lower in the crisis
As you surely guessed, all sorts of "benefits" and good location of the apartment will be reflected in the price. Estate agencies in Prague, for example, increase the price by 10 percent, when the house (apartment) is close to the subway. The same principle applies to the nearby parks, playgrounds and offices. Total price may not climb to astronomical heights. The current uncertain economic situation has kept the price of flats lower. In other words - real estate agents want to sell apartments. And quickly.
Important is to compare
And that's what you should take advantage of. How? Do not be afraid to haggle. Although it seems unbelievable, price of a flat 2 + kk can be reduced by 200,000 crowns. Therefore, we return to the beginning of the article: definitely do not rush anything, carefully analyze the bids and compare prices and locations. Then, the own living in Prague will not be only a fairy tale, but very pleasant reality.
What’s driving the property boom? by Nathan Brown - Czech Point 101
The current mentality regarding real estate similar to someone looking for a new car
Private apartment rather than a hotel - different tourist experience by Flat in Prague
FLAT IN PRAGUE is offering an attractive alternative to hotel stays
In a hotel like a tourist or like a local in a private apartment? by Prague.TV
FLAT IN PRAGUE is offering an attractive alternative to hotel stays!
Nový Žižkov Project by Nový Žižkov Project
A modern urban area surrounded by greenery
Purchasing your own home in the Czech Republic by FINEP
Czech Republic is an ideal country for both investing and living
Czech Property Forecast for 2014 by Nathan Brown
A look back at our 2013 property forecast
Major Legislative Changes Regarding Real Estate in the Czech Republic Introduced by the New Czech Civil Code by Rutland Ježek
A complex recodification of Czech private law will become effective in 2014
President to look for a new office by Nathan Brown
Campaign aims to draw attention towards the corrupt business practices of Czech politicians
The real estate sales in the Czech Republic are speeding up by Residence Visage
Home Staging helps real estate owners prepare their property for sale
- How to choose an apartment by Vojtěch Stehno
Petra Měchurová Hair Salon right in the historical center...
... the real luxury is actually waiting for you on your...
Prague Airport Transport: Private, Shuttle & Limo-service!
Your cheapest calls home!
Czech Lifestyle magazine for young people
We help the young to fight cancer
Good Angel Foundation
IT advisory, development and outsourcing