PROPERTY PRICES IN PRAGUE ARE DEFINITELY NOT GOING TO DECREASE

At the end of September, Budapest hosted a symposium of independent real estate companies, LeadingRE. It was attended by 170 guests from 29 countries. The Czech Republic was represented solely by Philip & Frank.

The most beautiful Indian summer is in the mountains

We are presenting the ALDROV Resort, a suite project in the unspoiled

Have you purchased or rented a holiday property yet?

A few years ago, the Covid-19 pandemic caused a property price hike and holiday properties were no exception. The reason was an increased demand as people wanted to have opportunities to get a change of scenery even at that time when free movement and travelling abroad were restricted.

What is the real housing affordability in the Czech Republic?

Housing affordability is a key indicator that the dynamics of the whole real estate market depends on. It is influenced by three essential parameters

Salone del Mobile, Milan, Italy

The festival of the best of home furnishings design took place in Milan, Italy, a mecca of design, at the end of April after a decline of several years. It is undoubtedly the most important and prestigious design festival in one place on different platforms: from classic design to retrospective presentations and conceptual projects.

VILLAS HUSINEC

We would like to present to you a unique residential dwelling project, VILLAS HUSINEC, situated just outside Prague. Only 2 kilometers from Klecany, in the town of Husinec, which is situated above a meander of the Vltava, there is a large piece of land with southern exposure, offering unobstructed views of the surroundings and having an area of almost 15,000m 2 , intended for residential development. The project includes a total of 13 building plots for family villas, including valid building permits. As a standard, all plots have underground services installed (electricity, water, sewerage system, gas).

“We can feel a real estate market recovery,” says Filip Šejvl, Partner in Philip & Frank real estate company.

“Since the middle of 2023 we have seen more activity on the part of customers. The focus is still on rental housing but there has been an increase in demand for properties to buy. As a result we are getting back to the level before the 2021 real estate boom,” adds Filip Šejvl of Philip & Frank.