Home » Business » Apartments in the center of Prague are becoming more expensive even without Airbnb. Their price is still growing, Czechs predominate among buyers Business

Apartments in the center of Prague are becoming more expensive even without Airbnb. Their price is still growing, Czechs predominate among buyers Business

However, one thing is already certain today: due to the failure of Airbnb platforms, there was no sale of flats in the center of Prague or a drop in their prices. Buyers are still interested in apartments in Prague 1. Prices in the center of the metropolis rose by more than four percent year on year in April.

Due to the pandemic, tourists disappeared from the center of Prague. Demand for short-term accommodation has fallen sharply. Apartments that used to generate significant income are either empty or rented by long-term owners. According to the AirDNA internet platform, 5,560 flats are now available for short-term rent in Prague. In the first quarter of last year it was more than 14,400 apartments.

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