Apartment prices in Prague increased immediately by 1,000 per sq.m

Apartment prices in Prague increased immediately by 1,000 per sq.m

New apartment in Prague can be purchased an average for 64,000 Czech crones (€2,341) per square meter. For several years, prices have been practically unchanging, and for the last year they increased by 1,000 crowns (€37), writes ee24.com citing radio.cz.

In the city centre, Prage 1, a square meter in new housing costs around €5,000. Apartments located in Prague 2, 4, 5, 6 and 8 are slightly more available. Nevertheless, even in the centre, namely in Prague 3, one can find inexpensive apartments.

The cheapest apartments are offered in Prague 21 and are worth around €1,300 per square meter. Apartments priced at €1,800-2, 200 per sq.m are the most popular in the primary market in Prague. Over a third of apartments sold in 2013 fall within this price.