Study: In Prague, the Most Expensive Apartments are in Josefov, the Cheapest in Satalice
The average price per square meter of residential real estate in Prague is 120,645 crowns. This follows a study by the Swiss company PriceHubble, which is available to ČTK. The analysis of real estate prices was based on hundreds of factors, including historical ones. It took into account not only the quality of a typical apartment, but also the condition of the infrastructure, transport accessibility, and civic amenities. Evaluation tools also included noise, air quality, and greenery. The most expensive locality has become Josefov, where the average price is more than 204,000 crowns per square meter. “It is the only location where the price exceeds 200,000,” the study said. Josefov is followed by Staré Město, Nové Město, Malá Strana and Vinohrady, localities in which the price per square meter is not less than CZK 150,000. The localities of Hradčany, Vyšehrad, Bubeneč, Karlín, Dejvice, and Holešovice, which offer a price per square meter between 140 and 149 thousand crowns are also among the more expensive neighborhoods. In Smíchov, Žižkov or Vršovice, the average price can be expected to be between 130 and 139 thousand crowns per square meter. According to the analysis, prices in the range of 120 to 129 thousand...