Prague property in numbers: apartment prices rise seven per cent this year
Supply remains constrained while buyer confidence returns. We examine what the latest figures mean in practice.
Prague’s residential market has entered a more confident phase. Completed transaction data and current asking prices both point to year-on-year growth, although the pace varies significantly by district and property condition.
The strongest demand remains concentrated on well-presented apartments in established neighbourhoods with reliable transport, good local amenities and limited new supply. Correct pricing still matters: buyers are informed, and compromised properties can remain on the market despite the broader rise.
For sellers, this is a constructive market rather than an indiscriminate one. A clear launch strategy, complete documentation and strong presentation continue to determine whether a property attracts competitive interest.
Written byRedakce Český Partner
Real estate agency, Prague
We write about buying, selling and letting property so that every article is something you can act on.
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