One-fifth of new Prague apartments bought by foreigners

18-08-2019

Around 20 percent of new apartments in Prague are bought by foreigners, according to developers addressed by the Czech News Agency. The level of purchases by non-Czech nationals is around the same as last year, they said.

Slovaks are the most frequent foreign buyers of Prague properties, followed by people from Western Europe and post-Soviet states.

Foreigners display the greatest interest in small flats, frequently in upscale projects, the developers said.