We are truly part of a global network.
ONE Sotheby's International Realty agent Patrick Vysata visited our Sotheby's International Realty affiliate in Prague during a trip to the city. On his stay, Patrick Vysata connected with the brokers from the Prague office, discussing projects in both their city and ours, taking a tour and going to lunch.
"Since I am Czech, it was nice to hear how well the city is doing now. This is an important year as it is the 100th anniversary of the forming of Czechoslovakia. The media all over the world is pushing Prague as one of the most exciting cities to visit, invest in, and is considered one of the safest cities now as well," said Patrick.
Known as the City of a Hundred Spires, a UNESCO World Heritage Site and one of the world's most beautiful cities, history is not all that the city of Prague has to offer. Prague is a truly cosmopolitan and booming metropolis, exploding with a strong economy and very high real estate prices due to a shortage of inventory. The rental prices are high, and buyers are flocking there as they make money and ride the appreciation of the units and there are no property taxes. Outside the capital, majestic castles and palaces abound, serene farmhouses in vineyards and cozy chalets in mountain resorts, to meet the expectations of any buyer's lifestyle.
The new generation of buyers is primarily made of high net worth individuals, including dot com millionaires. The city is also filled with amazing artists, some of whom attended Art Basel Miami in 2017. The art scene is very well connected to individuals in Dubai, Asia, London, NY, who are buying their art. Every aspect of Prague's luxury lifestyle isbeing put under an even brighter global spotlight, and we're proud to be affiliated with the incredible Czech Republic real estate team.
Learn more about the properties listed by Czech Republic Sotheby's International Realtyon their website, and see a few of our selects below.
This Art Deco Style Penthouse in Prague 1 has seven bedrooms, and is situated on the 5th and 6th floors of a late-19th century house in the lucrative New Town city quarter of Prague. The penthouse includes a 49 sqm roof terrace offering 360 degree panoramic vista of the city. Some of the residences distinctive features are a fireplace, a winter garden with closed balcony, and paintings and sculptures by well-known artists such as sculptor Michal Gabriel.
An expansive entrance hall with a wooden staircase and a marble floor welcomes you into this villa in the village of Osnice. Offering privacy, comfort of modern housing and excellent transport access, the home is set in a quiet residential area. An indoor swimming pool, tennis court, guest house and 3,800 sqm garden are make this three bed, four bath residence ideal for an active family.
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