All about Prague
Visit our section of Prague properties
The city of a thousand spires with its wonderful beauty and ancient lanes, gardens and cobbled streets
The city of a thousand spires worked its charms on Mozart, Beethoven and Einstein, Now following the 1989 velvet revolution that bought an end to communist rule, Prague is a prime European destination. With 15 million tourists expected in 2006. The city is best seen on foot, a walk across the city takes a few hours with its wonderful beauty and ancient lanes, gardens and cobbled streets at the foot of Prague’s castle. Enjoy wonderful bars and restaurants in the most amazing atmosphere and beauty. The buildings are full of wonderful architecture, Art Nuveau and Neo-Gothic designs.
Property here is cheaper than Paris, at least for the moment. This is because the country was only recently released from communism so it's plainly playing catch up.
This really is an amazing place for your weekend retreat. As a municipality Prague is divided into 57 city districts
but the main ten are the most central and talked about. 1 and 2 are the heart of the old town and then, as a very general guide spiralling
clockwise several times around the centre point as the district number increases.
As a municipality, Prague is made up of 57 city districts but the main 10 are the most talked about and central.
Our location of developments have been carefully chosen to offer easy access to the old and the new towns in minutes by local
transport to the city centre. This gives each of our developments a good healthy rental market and a they make an ideal weekend
retreat. Properties in Prague are around a third lees expensive than other major European capital cities and have been rising at
between 10-15% per annum for a number of years. This trend is predicted to continue for the foreseeable future. Overall economic
stability is supported by both low inflation and interest rates. Mortgage and financing is freely available to foreign investors.
Prague offers a healthy rental market with attractive yields.
The Centre
The centre defined as everything within walking distance of the Charles bridge and old town square. This primarily is Prague 1and 2 but should also include the closer parts of 3,5,6,7and 8.As well as being the historical and commercial centre for many. This is also the most romantic part of the city to both visit and invest. Rentals in these areas are higher but the area offers charming architecture, cafes, restaurants and shops. Transportation is excellent but parking is both expensive and difficult to find.
Old Town
The old town is the historical centre of Prague 1.The architecture of centuries as far back as the11th century has been almost completely preserved creating a magical atmosphere that is difficult to compare with any city in Europe.
New Town
New town is the area that was settled around old town as it spread east from the Vitava river. Partly in Prague 1and 2 Nove Mesto has beautiful architecture from the turn of the century and a more urban feel.