A villa in Karlovy Vary costs over seven million dollars
Nine bedrooms, four bathrooms and more than two thousand square meters of land with gazebos and statues in Karlovy Vary are for sale. Lützow’s villa is offered by the Sotheby’s International Realty network for seven million dollars (almost 150 million crowns). “Castles, chateaux and historic villas can be found in nature outside Prague. Some are […]
The Czech housing market will change, it will approach the Western one
The Czech housing market will change, it will approach the Western one
An apartment in a block of flats is not available to everyone
An apartment in a block of flats is not available to everyone
Europe is in for a sharp turnaround in the real estate market, the Swedes already know
Rewrite this content Problems with the financing of some of the best properties in Western Europe suggest that Europe is in for a real estate market upheaval, possibly the most severe in recent history. In a comprehensive material, Bloomberg calculates the reasons that lead to such a scenario and predicts that thanks to new regulation […]
Russians are buying property in Dubai like crazy
Russians are the biggest foreign buyers of real estate in Dubai. In the third quarter of this year, they overtook Indians in the number of realized purchases. According to Dubai brokers, however, the Russians’ interest in the real estate there is starting to wane. On the other hand, the interest of the French and Germans […]
The housing market is entering a turning point
Nothing like this has happened in the field of housing in the Czech Republic not only since the financial crisis in 2008, but actually since the Velvet Revolution. The interplay of many phenomena is now completely changing the situation on the housing market, which has been building here for three decades. From now on, everything […]
Kovanda: Don’t trust developers, they will eventually make even new buildings cheaper
As shown by the latest data from the residential market of the companies Trigema, Central Group and Skanska, the expected drop in the prices of new apartments in Prague did not occur and, according to the developers, most likely will not occur. But the developers will certainly not announce to the world that they expect […]
The slowdown in the construction industry continues, there are no orders, even DIYers are saving money
The rising prices of energy, materials, works and mortgage rates sent the domestic construction industry into a slump, construction production fell by almost three percent year-on-year in July. The slowdown is still not over – construction companies, including the smaller ones, report a drop in interest in contracts, and what’s more, according to the companies, […]
Kunovský in the Realitní Club podcast: Investors today don’t even want to rent apartments anymore
Real estate prices, stopped projects, a brutal outflow of clients, but also disproportionately long construction procedures. Not only these topics were discussed by moderators Petra Jansová and Dalibor Martínek in the next Realitní Club podcast with the largest domestic developer, founder and owner of Central Group Dušan Kunovský. The situation on the Czech real estate […]
Apartment prices are starting to fall around the world. Will Prague and Brno join?
London, Sydney, Stockholm, Seattle and the nearby US-Canada border. These areas are among the hottest real estate markets in the world. But the situation is starting to change, and house and apartment prices have already started to fall in many of them. Some even by tens of percent. What is the situation in Prague and […]