Mid-Term Rentals: A Growing Trend in the Real Estate Market. What Does Prague Offer?
In recent years, mid-term rentals have gained significant traction, particularly among corporate clients and international tenants. This trend is part of the flexible living concept, which enables individuals to live temporarily in various cities and countries without long-term commitments. The rise in demand for mid-term rentals reflects a shift in the housing market, providing a practical solution for business travelers, remote workers, freelancers, and students. In cities like Prague, however, this segment is still developing and has yet to fully match the range of options available in other European metropolises. Despite its growing popularity, mid-term rental options remain limited in Prague, where short-term rentals and long-term contracts dominate the market. What is Mid-Term Rental and Why Is It Attractive? Mid-term rental refers to leases that last anywhere from 30 days to 12 months. This type of rental is particularly suitable for people visiting Prague for work assignments, internships, or corporate projects. For tenants like international employees, freelancers, and students, the need for fully furnished, comfortable accommodation is crucial. Mid-term rentals provide a cost-effective alternative to expensive hotel stays while offering the convenience and quality not always available in short-term vacation rentals, which are often designed with tourists in mind. Prague’s...