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What happened? Over the past year, prices for residential real estate in the Czech Republic have increased everywhere by a two- to three-digit percentage. So, a square meter of new housing in Prague has added more than 20% in value on average over the year and now costs about €5,750. In Brno, the second-largest city in the country, a square meter in a new apartment costs € 5,120. The annual increase was almost 30%.
Prices are also rising in small Czech cities, and not only in new buildings.
Quote. "We have analyzed the prices for apartments ranging from 40 to 60 sq.m. The apartment is in very good condition and privately owned. The largest year-on-year growth - by 115% - was recorded in the Jablonec nad Nisou area. There is a high interest in residential and recreational real estate, especially in Harrachov or in the Jizera Mountains," says the manager Sreality.cz Hana Kontriš.
Overview of prices for apartments with an area of 40-60 sq.m in good condition, privately owned and located in different cities
|
City name |
Price per sq.m, Czech Koruna* |
Year-on-year change |
|
Brno |
103 917,09 |
+32,15% |
|
Okres Brno-venkov |
80 814,35 |
+39,03% |
|
Ostrava |
50 511,44 |
+46,27% |
|
Plzeň |
66 791,29 |
+30,45% |
|
Hradec Králové |
80 629,27 |
+52,01% |
|
Pardubice |
73 436,09 |
+46,57% |
|
Ústí nad Labem |
43 029,36 |
+59,68% |
|
Karlovy Vary |
49 414,21 |
+48,86% |
|
Beroun |
79 869,74 |
+40,55% |
|
Příbram |
55 018,22 |
+22,11% |
|
Kladno |
73 598,20 |
+35,02% |
|
Liberec |
63 363,13 |
+33,79% |
|
Mělník |
71 199,64 |
+ 33,65% |
|
Chrudim |
55 628,56 |
+ 33,43% |
|
Cheb |
44 059,17 |
+ 32,76% |
|
Šumperk |
46 470,48 |
+ 31,67% |
|
Okres Praha-západ |
104 976,75 |
+ 37,99% |
|
Okres Praha-východ |
97 628,13 |
+ 39,94% |
|
Prague 10 |
117 032,11 |
+ 22,07% |
|
Prague 9 |
114 346,96 |
+ 25,14% |
|
Prague 4 |
116 596,26 |
+ 22,42% |
|
Prague 5 |
127 264,87 |
+ 21,69% |
|
Prague 3 |
127 381,09 |
+ 19,83% |
|
Prague 8 |
117 137,90 |
+ 19,24% |
|
Prague 6 |
120 972,13 |
+ 19,15% |
|
Prague 2 |
157 477,06 |
+ 16,27% |
|
Prague 7 |
129 455,93 |
+ 13,68% |
|
Prague 1 |
195 492,09 |
+ 10,02% |
|
Jablonec nad Nisou |
84 182,79 |
+115,10% |
|
Most |
26 011,74 |
+81,42% |
|
Teplice |
27 349,86 |
+71,11% |
|
Karvina |
29 630,82 |
+65,95% |
|
Přerov |
48 308,51 |
+56,14% |
|
Hodonín |
56 103,70 |
+54,33% |
|
Nový Jičin |
42 057,04 |
+50,71% |
|
Kolín |
77 276,94 |
+49,99% |
|
Děčín |
37 478,25 |
+49,13% |
|
Blansko |
64 127,62 |
+48,35% |
|
Okres České Budějovice |
78 347,70 |
+47,66% |
|
Česká Lípa |
44 625,37 |
+44,69% |
|
Chomutov |
30 723,90 |
+43,62% |
|
Sokolov |
21 709,75 |
+43,14% |
|
Jihlava |
62 470,21 |
+42,74% |
|
Tachov |
42 172,78 |
+41,99% |
|
Louny |
35 583,64 |
+41,68% |
|
Vsetín |
52 535,07 |
+41,33% |
|
Tabor |
55 542,09 |
+39,99% |
|
Frýdek-Místek |
50 209,54 |
+39,04% |
|
Mladá Boleslav |
74 366,79 |
+38,83% |
|
Rakovník |
52 139,63 |
+38,61% |
|
Třebíč |
58 130,00 |
+37,75% |
|
Litoměřice |
53 041,93 |
+37,12% |
|
Svitavy |
47 417,67 |
+36,47% |
|
Rychnov nad Kněžnou |
48 533,04 |
+5,13% |
|
Trutnov |
85 182,52 |
+28,81% |
* Prices for the Q4 2021
The exchange rate of the euro to the crown according to the Czech National Bank on 01.02.2022 is 24.335 CZK
Table: Sreality.cz
Source: 420on.cz
Photo: unsplash.com (Alice)
