Average rents in Prague rose by 3 percent last year to CZK 340 per square metre, a slower pace than in the previous year, according to Trigema, a leading developer.
The steepest average rise was in Prague 7 (11.4 percent) followed by Prague 1 (by 8.5 percent) and Prague 3 (by 8.1 percent).
The highest average rents were in the city centre, at CZK 433 per sqm in Prague 1 and CZK 389 per sqm in Prague 2. The lowest were in Prague 9 (CZK 299 per sqm) and Prague 10 (CZK 303 per sqm).
The number of available rental units in Prague fell by 15 percent year-on-year to 6,324 last year, according to Trigema.
Beijing ends agreement with Prague – but can spat harm Czech capital?
Czechia now ahead of Spain in GDP per capita, but still below EU average
Czechs observe day of mourning for pop idol Karel Gott
Thousands pay tribute to deceased national pop icon Karel Gott
In memoriam: Karel Gott, the ‘Bohemian nightingale’