Shopping for a new flat in the Czech capital?
Czech real estate portal Valuo.cz has put together a handy index showing how proximity to a metro station can affect the price of an apartment.
Calculating the average prices of new and renovated apartments throughout the entire Prague metro network, this year’s index found that in some locations, the value of a flat neighboring the metro grew by as much as forty percent.
The highest increase registered in apartment prices near the A-line (an average of 15%), which saw flat prices rise to 100,000 CZK per square meter.
The southern edge of the C-line (Chodov, Opatov, and Háje) also saw a price jump; last year it was possible to purchase an 80-square-meter flat for up to 4 million CZK. This year’s asking price? 5 million CZK.
Prices also grew significantly in the vicinity of Vysočanská and Křižíkova while, surprisingly, prices near the Hradčanská metro station dropped.
On the eastern end of B-line, the neighborhoods around Černý Most were calculated as the most more affordable addresses (55,000 CZK) for those looking to buy, as was Letňany on the C-line.
The average price for an apartment on the B-line was 87,600 CZK; the C-line 81,100 CZK.
The highest real-estate prices were logically around the stations in the center, the toniest among them Malostranská station (187,300 per square meter) and Old Town Square (185,900 per square meter).