Zbraslav, Lochkov, Lipence and Radotn. Buy the cheapest apartments in the southwest of the metropolis
The most expensive apartments are available in Prague 2, 7 and 6, on the other hand, the most affordable apartments are available on the southwestern edge of the metropolis. The first choice is Prague 5, 9 and 3 with no more than fifteen hundred units. The data is based on the analysis of the Skanska company.
The most expensive city center of the metropolis is Prague 2 with an average price of 207,465 crowns per square meter, but there is a great deal of tradition in this locality. At Meziron, the offer here was reduced by half and the price increased by tens of percent. The neighboring city of Prague 1 has limited options for new housing and at the moment there is not a single new apartment available. Meziron’s price increase in other city streets is fairly even and hovers around seven percent, the company said in an analysis.
It’s cheap in Zbraslav
The highest jump was recorded in Prague 7, where the average price increased by half, after a number of new prime projects were added to the offer.
On the other hand, apartments on the south-western edge of Prague, specifically in the localities of Zbraslav, Lochkov, Lipence and Radotn, turn out to be the cheapest. In these city streets, the average price is 116,150 crowns per square meter. Below the threshold of 120,000 crowns is Prague 19, which has the smallest average price range, according to the analysis. Compared to the good second quarter, the average price fell to the dream, namely in Troja, where there were only two luxury offers supplemented by standard units, and the average price thus fell by twelve percent to 146,982 crowns per square meter.
Boom on the bird
In recent years, there has been a big boom in Prague 5, where the most new apartments are currently available. There are a total of 561 of them here, and the average year has only increased by nine percent. The first change took place in Prague 14 and 15, where new projects entered the offer, and in total there are 488 more apartments in these city streets. On the contrary, Prague 10 recorded the highest number of apartments, where the supply was 132 apartment units, i.e. by 36 percent.
In the long term, low supply is one of the main reasons for the increase in the prices of new housing in Prague. The additional offer of new apartments in the second summer quarter is a good start for the market. In order for the bag to have a real visible effect, there would have to be long-term growth and it would have to be generated by new projects, not stagnation, which is currently caused by the unavailability of mortgages, comments Renata Vildomcov, Skanska’s communications officer.
Not only prices are growing, but also the number of buyers
First of all, the availability of mortgages stands behind the increasing age of people who are borrowing a new apartment. In Prague, the current average number of buyers is 45.4, which is almost two years more than last year and six and a half years more than seven years ago. Find it out from the sales statistics of the development company Central Group.
Prague has the second youngest population among the Czech regions, according to the census, the average age of the capital’s population is 41.4 years.
There are more young people in Prague than in other Czech regions. Due to inflation, the unavailability of apartments and their rising prices, there will be hundreds of them, explains the executive editor of the Central Group, Michaela Tomkov.
In the first half of this year, the company recorded only less than 10 percent of buyers in their twenties, five times it was between fifteen and twenty percent. On the contrary, the number of people over the age of ten increased to fifteen percent, while it was only around ten percent when they were two.
People in the 141 and 50 age groups buy new apartments the most, this year there was a 31.6 percent increase in the number of people aged 10 and 14. This year, the answer was 25.6 percent.
We believe that the main reason for the increase in the average age of our clients is that people invest in real estate in an attempt to protect their pensions from inflation. And of course disputes are old. Things were so expensive for a young person and mortgages were available to me, added Tomkov.
the majority of young buyers, according to n answers, the method of financing a new apartment. In the past, roughly half of young people took out a mortgage on it, but now mortgage rates are four times higher than a year ago. For people under the age of ten, the salary limits of the national bank are lower, but according to Tomkov, the rates are too high for them, and they are combined with the general increase in prices.
For an unaffordable house, the trick is to unblock the pekkas for a new residential building. The priority is to speed up permitting, to ensure valid rules for building development, enough areas for construction and more pensions for the towns and villages where the building is built, concluded Tomkov.
Housing availability
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