Districts of Prague: where to buy real estate?

In total, there are 10 main urban areas (districts) in Prague, a number of which, in turn, are subdivided into several administrative districts – a total of 22. Finally, they include the actual microdistricts (parts) of Prague, and in this case they are assigned not only numbering, but also proper names. And although the residents of the Czech capital themselves prefer to use historical names rather than serial numbers, in order to decide on the choice of place to purchase real estate, it is better to use the division Prague 1 – Prague 10.

This is explained by the fact that each of them differs in development, real estate costs, transport accessibility, infrastructure and is suitable for one or another category of the population. These areas can be divided into the following groups:

Elite areas of Prague (Praha-1, Praha-2, Praha-6).

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The highest prices for residential real estate in Prague are recorded in the Prague-1 area, since most of the historical buildings under UNESCO protection are located here, and there is practically no space left for new buildings. In some cases, the cost of 1 sq.m. can reach 9000 euros. Prices in local shops, cafes and restaurants are much higher, since many of them are aimed at tourists rather than local residents. Based on this, Prague 1 is more suitable for renting out real estate with its subsequent resale than for permanent residence.

The Praha-2 area also belongs to the historical center of the city, although there is no such concentration of tourists here. At the same time, there are many more supermarkets, shops, banks, restaurants, schools and green areas. The main reason for high housing prices (on average 4-5 thousand euros per 1 sq.m.) is the constantly growing demand from citizens of economically developed countries in Europe – Great Britain, Germany and France. As in the case of Prague 1, this area has the same disadvantages: quite high background noise and a shortage of parking spaces.

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Praha-6 is considered a residential area, but at the same time expensive and prestigious, combining both historical buildings with new buildings, and villas with cottages. The cost per square meter increases as you approach the border with Prague 1. This area is also very popular among foreigners (it is no coincidence that embassies and consulates of many countries have settled here) – including Russian citizens, who for the most part prefer to settle in the Dejvice microdistrict. In addition, prestigious private schools and the most famous universities are located here.

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Districts of Prague for the middle class and families with children (Praha-3, Praha-4, Praha-5, Praha-7)

One of the largest districts of the Czech capital, Praha-3, where the average price level fluctuates around 4,000 euros per 1 sq.m., offers real estate for almost every taste. There is not such a shortage of new housing as in the center, and there is still enough free space for its construction. In addition, it is planned to carry out a large-scale reconstruction of dilapidated residential buildings, which makes Prague 3 profitable in terms of long-term investments.

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The title of the most environmentally friendly area is assigned to Prague 4, where several forest parks are located. Of greatest interest to those planning to buy real estate in Prague are the Pankrac microdistricts, the center of the city’s business life, which, in addition to office buildings, has a rich selection of new buildings in a modern style, and Nusle, where private business-class buildings prevail. It is worth paying attention to the entire eastern part of Prague 4, through which the only metro line passes, while in the west surface traffic is often difficult.

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Prague 5 can also be divided into two parts: northern (Smichov, Andel) and southern (Stodulki, Gurka). The first of them looks much more attractive due to its more developed infrastructure and new buildings built according to exclusive projects. The second is dominated by classic panel high-rise buildings, in which quite a lot of people from post-Soviet countries live. Accordingly, real estate prices also vary greatly – they are more expensive in those northwestern neighborhoods that are adjacent to Prague 1 and Prague 2.

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Part of Prague 7, the distinctive feature of which is a large number of two-three-story “family” houses, is also adjacent to the historical center. The main part of Prague 7 is Holesovice; It used to be an industrial suburb, but has now turned into a busy microdistrict, home to an exhibition center, a national gallery and the second most important railway station. In addition, new housing is being built here using the most modern technologies, which does not affect the familiar appearance of this area with an abundance of places for walking. Families with children are also attracted here by a large number of kindergartens, schools, shops, shopping malls and medical institutions.

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Developing areas of Prague (Praha-9, Prague-10)

The most active construction is taking place in Prague 9 and Prague 10, which are distinguished by a variety of residential properties and low prices. In the mid-twentieth century, Prague 9 was a large industrial zone with rare workers’ settlements, a classic example of which is the Vysočany microdistrict. In recent years, the appearance of this outskirts has undergone noticeable changes for the better, although the Cherny Most microdistrict is considered truly modern and self-sufficient.

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The advantage of Prague 10 compared to Prague 9 is its relative proximity to the center, a large number of shopping complexes, parks, entertainment venues, good transport links, and also the fact that there are completely no hazardous industries here – it’s not for nothing that it is considered “environmentally friendly”. Real estate in Prague 10, which is represented by almost all existing types, is bought not only by residents of the Czech Republic, but also by representatives of other EU countries – especially since prices are on average 20-30% lower than in other areas, not to mention about the center.

Prague area “for everyone” (Praha-8)

Prague 8 is chosen by almost all segments of the population as a place to live, since this area stands out due to the widest variety of real estate. Czech pensioners and older people from other countries prefer to settle in quiet and peaceful neighborhoods – such as Karlin, where low brick houses on narrow streets predominate. Troy is considered a prestigious place with a wide selection of luxury real estate – villas and cottages, although there are also ordinary panel houses here. The presence of metro lines, trams and buses, as well as a bus station, provides the opportunity to quickly get to almost anywhere in the city. Finally, Praha-8 has a large number of office buildings, shops, sports clubs, cultural facilities, kindergartens and schools, which will primarily be of interest to families with children.

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