Price development of flats in Prague 3: Attractive investment in the heart of Žižkov

Prague 3, especially the Žižkov district, has become a popular location for housing and investment in recent years. Thanks to its rich history, excellent civic amenities and strategic location near the city centre, this area is experiencing a steady growth in demand for real estate. This is also reflected in the steady growth of house prices.

Prices and market trends

According to available statistics, the average price of flats in Prague 3 will rise to approximately CZK 165,700/m² in 2024, which represents a year-on-year increase of 6.2%. This growth is influenced by the growing demand for quality housing and the limited supply of vacant apartments. In 2023, the average price of an apartment in the whole of Prague will be around CZK 103,693/m², which shows that Žižkov is becoming one of the premium locations in the metropolis.

Successful Boutiq Real Estate projects in Žižkov

Boutiq Real Estate is making a significant contribution to the revitalisation of this location through its development projects.

Tachovské náměstí

One of them is an apartment building on Tachovské náměstí, which has been completely sold out. A total of 22 residential units were sold, with the average price per square meter being around CZK 150,000/m². This project showed the high demand for quality housing in this part of Prague and won an award from the Ministry of Culture for the improvement of public space.

This corner house has undergone a complete renovation that respected its historical character but added modern elements. For example, there were loft apartments with a unique NEBESYS transparent roof, which is transparent from the inside. These units combine industrial style with timeless elegance. With high ceilings and large windows, they offer maximum light and open space. The apartments on the top floors have terraces overlooking Vítkov Hill, adding to their exclusivity.

Chlumova 3

Another interesting project is Chlumova 3, where there are 23 residential units and 4 studios in a completely renovated brick building. The layout of the apartments ranges from 1+kk to 3+kk, with an area of 28 to 75 m². Selected units have balconies, and attic apartments have terraces.

Special emphasis has been placed on luxurious interiors - the apartments are equipped with wooden floors, modern bathrooms with designer sanitary ware, and high standards of insulation, which ensures maximum living comfort. The studios on the ground floor of the building offer the possibility of being used both for living and as creative spaces for business.

The project was completed in the winter of 2024, and even here, the majority of the units were sold in a short time, proving the attractiveness of this location.

The attractiveness of living in Žižkov

Žižkov offers residents a wealth of amenities, including traditional shops, the Flora shopping centre, schools, hospitals, and pharmacies. Transport accessibility is excellent, with the Lipanska tram stop close to the Chlumova 3 project, from where the centre can be reached in 10 minutes. There are many restaurants, cafes, and theatres in the area, as well as parks such as Riegrovy sady, Parukářka, or Vrch Vítkov, which offer spectacular views of the Prague skyline.

The stable growth of apartment prices in Prague 3, supported by quality development projects, makes this location an attractive place for living and investment. If you want superior housing in this dynamically developing area or an interesting investment opportunity, do not hesitate to contact us.