Monthly mortgage payments 50 percent more expensive than rent in Czechia
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Despite mortgage rates falling and home ownership in Czechia becoming cheaper in recent months, renting still remains the firm favorite.
ASK AN EXPERT: What documents are required to rent an apartment in Czechia?
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The experts at Engel & Völkers Prague explain the paperwork and documentation required during the rental reservation and leasing process.
An average Prague apartment will cost you 15 annual salaries, study shows
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Although apartments have become marginally cheaper to purchase, a serious lack of new buildings paired with high prices has caused sales to plummet.
ASK AN EXPERT: How to choose the right rental agency in Czechia
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With numerous rental agencies available in the Prague and the Czech Republic, it’s essential to navigate this terrain carefully.
Prague’s Pařížská once again crowned CEE’s most expensive shopping street
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The centrally located thoroughfare, which houses a wide range of luxury, high-end stores, is Europe’s 11th-most expensive street this year.
ASK AN EXPERT: Can Czech landlords reject my application because I'm a foreigner?
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We asked a real-estate law specialist from Engel & Völkers to outline the basic rights foreign renters in Czechia need to know.
Why buying fake proof of accommodation can land expats in hot water
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The dubious market for selling fake housing contracts, which is relatively large in Czechia, can lead to the cancellation of visas or financial penalties.
Don't let the bed bugs bite! Czechia reports sharp rise in globetrotting pests
Hygiene stations in Prague and nationwide have reported a rise in bed bug incidences, owing mainly to recent high breeding season.
Housing unavailability and student demand drive up rent prices across Czechia
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Compared to spring, rent prices across saw changes ranging from a 4-percent decrease to a 17-percent increase, depending on apartment type.
Prague takes a stand against short-term Airbnb rentals in landmark court ruling
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Prague City Hall has forbidden the owner of a residential building on Jungmannova Street from renting out rooms on the platform.
Before and after: See how innovative Czech design transformed Prague's Modřany district
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The LOXIA architectural and design office has given a former industrial area along the Vltava a new lease on life.
Who owns what? Mapy.cz adds new, easy-to-use cadastral feature
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Users will now be able to see ownership details of most land plots and properties in Czechia, simplifying the property-research processes.
Amid a housing crisis, Czech flat hunters turn to micro-apartments
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Due to their cost-effective nature and developers' ability to create many in one building, these ultra-small apartments have seen a surge in popularity.
Prague's newest residential area blends urban living with community spirit
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With copious greenery and innovative landscape design, Crestyl’s Hagibor project provides a new quality of urban life in the Czech capital.
Czechia is the second-least affordable country in Europe to purchase property
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According to consulting firm Deloitte, you need 14 gross annual Czech salaries to buy real estate in the Czech capital.
Prices for older Czech apartments to rise due to slowdown in construction
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While higher construction costs and other factors have led developers to cut back on new flats, demand is expected to rise.
ASK AN EXPERT: What are the current trends on the Prague rental market?
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We spoke with the realtors at Engel & Völkers about the price, availability, and demand for rental properties in the Czech capital.
