Prokop Svoboda: Premium rents soared in H2 2022

Published: 19. 01. 2023

The residential market may be hitting the skids, but the premium portion of the market is displaying a fair degree of immunity to the downturn. In its report on premium residential properties for the second-half of 2022, Svoboda & Williams claims that despite a 32% y-o-y drop in demand from July to December, sale prices are relatively stable.

One reason for this is likely that rental levels for premium flats spread across Prague 1 – Prague 10 soared higher. The smaller and the closer to center the better. One- and two-room units in the wider center saw . . .

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