Prague
is located on terraces and hills
overlooking the wide river Vltava.
Prague is divided into fifteen
districts. Prague 1 (Mala Strana,
Hradcany, Stare Mesto) is at the
very centre and most of the historical
sites are located here. Prague
6 and Prague 2 (Nove Mesto, Vinohrady)
are residential districts and are
considered to possess a "good
postcode". Prague 4, 9 and
10 and are also mostly residential.
The key districts are as follows:
Old and
New Town (Stare Mesto/ Nove Mesto) – District
No 1
Prague’s Old Town stretches from the Old Town Square to Charles Bridge
to Wenceslas Square encompassing all the main tourist areas including the Castle.
A small area and supported by string public transport links.
- Average Property Sales Price: € 90,300
- Average Gross Rental Yield:
6.2%
Vinohrady – District
No 2, 3, 10
A predominantly upper-class district built in the 19th century. Adjacent to
the city centre, the district shares the excellent transport links and highway
links.
- Average Property Sales Price: € 51,500 – 60,500
- Average Gross Rental Yield:
5.8 -8.6%
Zizkov – District
No 3
Traditionally a working class district located next to the city centre, this
neighbourbood houses 2 universities, the Prague School of Economics and Central
European University. Several new property developments are currently underway
offering cheaper investment opportunities and ‘higher than average’ rental
yields.
- Average Property Sales Price: € 44,300
- Average Gross Rental Yield:
7.2%
Nusle and
Vrsovice – District No
10
Adjacent to Vinohrady, and in a good position to benefit from its expansion.
Currently a busy working neighbourhood.
- Average Property Sales Price: € 49,300
- Average Gross Rental Yield:
6.9%
Bubenc – District
No 6
An attractive residential area built predominantly in the 1920s and 30s. Good
schools and high employment this district includes a thriving shopping strip
and proximity to the airport.
- Average Property Sales Price: € 66,300
- Average Gross Rental Yield:
8.1%
|
