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Residential project u Rokytky launched its sale!

The Residence U Rokytky is a set of three residential townhouses, which will go up in Hrdlořezy - a quiet part of Prague. The project will fulfill all the ideas of modern living with respect for nature, which is dominated by the Rokytka River. Rezidence U Rokytky will also provide space for relaxation and countless possibilities for active spending of time. 
Hrdlořezy is one of Prague districts, which is still keeping its rural character highlighted by romantic meanders of the Rokytka River. Nevertheless, its complex amenities are only a few meters from the project counting several shopping centers, schools and kindergartens, or metropolitan university. 
The project will offer 68 apartments with a variety of layouts ranging from studio flat to a generous three-bedroom apartment, that everyone can choose from. All apartments on the first floor have spacious front gardens, all apartments on the upper floors are equipped with a terrace or balcony. In the southwest part of the property is a private playground. 
Residence U Rokytky consists of three residential townhouses, all of them having shared underground floor with a sufficient number of parking spaces for their residents. The individual sections are then made up of two slants facing each other, the result of which is good insolation of all apartments. The apartments layouts are designed with the utmost care and respects all comfortable living requirements. 

Prague residential market H1 2019 - overview

Real Estate and Consulting Company Professionals Ltd. informs about the state of the Prague residential market in H1 2019.

The total number of issued building permits in Prague reached 1,667 in the first half of 2019. According to the Hypoindex.cz the average mortgage interest rate was mostly decreasing in the first half of 2019 reaching 2.76 % in June 2019. Find more information in our report below.

Report| Residential Market H1 2019

Czech Investment market H1 2019 - overview

Real Estate and Consulting Company Professionals Ltd. informs about the state of the Czech investment market in H1 2019.

In the first half of 2019 commercial real estate buyers invested a high amount of around 1,770 million euro in the Czech properties. Office investors without doubt contributed the largest amount to the total 2019 H1 investment volume. The key office transaction of 2019 H1 was the sale of five office buildings in the Waltrovka complex situated in Prague 5.

Hotels also set a record in the first half of 2019. The second largest transaction was registered in the hotel segment; R2G bought Hotel Intercontinental situated in Prague 1 for roughly 225 million euro.                   

Full Report | Investment | H1 2019

Prague office market Q1 2019 - overview

Real Estate and Consulting Company Professionals Ltd.. informs about the state of the Prague office market in Q1 2019.

The first quarter of 2019 brought to the Prague office market 30,500 m² of new A class office space representing roughly 1/5 of the 2018 total supply. As of the first quarter of 2019 there was approximately 326,500 m² of office space under construction in the capital city. The largest building under construction remained CSOB Bank II (30,000 m²) situated in Prague 5. Over the last years the office market in Prague has registered declining vacancy rate, which in the first quarter of 2019 dropped below the 5% threshold standing at only 4.3 %. Total vacant office space as of 2019 Q1 amounted to 153,500 m², 14 % down on the previous quarter 2018 Q4.

professionals | prague office market

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Prague residential market 2018 - overview

Real Estate and Consulting Company Professionals Ltd. informs about the state of the Prague residential market in 2018.

In line with the decreasing trend the Czech Statistical Office recorded in the past years, the 2018 year saw again a y-o-y drop in total number of issued building permits (almost 22 % y-o-y).

In comparison with 2017, the total amount of newly completed Prague′s apartments in 2018 decreased by 556

In 2018 H2, the apartment asking price index further rose in all monitored locations - the Czech Republic, Prague and the Czech Republic without Prague.

Throughout 2018 the average mortgage interest rate in the Czech Republic was increasing reaching 2.91 % in the last month of the year.

Report| Residential Market 2018