If you’re looking to buy or sell a property in the Czech Republic, you should be aware of the local real estate market. This is why it’s important to choose a real estate agent with local expertise who can help you navigate the process.

One of the leading agencies in Prague is Philip & Frank, which specializes in high-end properties. They offer a variety of services, including selling, renting and managing apartments. Check their site to know more details realitní makléř Praha

Viktoria Center

Viktoria Center offers a range of services ranging from sales to renovations, property management and tenant assistance. Their clients include both domestic and international companies and individuals.

They have a large portfolio of high-quality real estate that includes apartments, houses and villas. The agency’s selection of property is a result of extensive experience, which ensures the best service and quality for their clients.

Located in Zizkov, Seifertova and Krasova streets – Prague 3, the Viktoria Center project is close to complete civic amenities, shops, services, schools (including University of Economics), kindergartens, public transport and various places for relaxation. The area is also connected to the city ring road and has several tram stops and metro stations within easy reach.

According to Colliers, the vacancy rate of office space in Prague stopped increasing last year and rents are expected to rise. However, there are a few factors that may lead to a decrease in the supply of modern offices in 2022.

Sugar Hill Rezidence

Located in the heart of the Czech capital, Sugar Hill Rezidence is the brain child of a small team of highly skilled professionals who have been around for more than half a century. We are proud to have helped countless clients find a place to call home. Whether you are looking for a new apartment or to buy, we can help. Our property management services are second to none.

Besides being a real estate agency, we are also proud to be one of the pioneers in a brand new category on the Polish and Czech horizon – private purpose-built student accommodation (PBSA). This new breed of housing is designed specifically to accommodate the needs of young adults and provides a much needed alternative to overcrowded dorm rooms found throughout the country.

We are proud to have been a part of the PBSA story since day one and are proud to call our newest clients among our cherished family members.

PBSA

In Prague there is a total stock of purpose-built student accommodation (PBSA) of over 28,400 beds, 91% of which is owned by universities. The remaining 9% is provided by the private sector.

PBSA is an attractive investment opportunity because of its long-term counter-cyclical characteristics and resilience to economic downturns. Furthermore, the Czech Republic has seen large numbers of young people entering higher education during a weak macroeconomic period, which is likely to contribute to higher demand for student housing in the medium term.

The Czech Republic, Slovakia, Hungary and Poland have a lower proportion of students living alone than the European average. This could make it difficult to rely on the local student pool in the short-term to fill private PBSA assets.