Expat Housing Guide: Moving to Prague

Prague's housing market is highly competitive, with demand consistently outpacing supply, especially in desirable central districts. Prices have been steadily increasing over the past decade, with a notable acceleration since 2015. The market offers a mix of historic apartments in pre-war buildings, communist-era panelák (prefabricated apartment blocks), and modern developments. The rental market is particularly active due to Prague's large student and expatriate populations, alongside growing interest from international investors. While most properties are apartments, single-family homes are available in peripheral areas. Recent trends show increasing development in formerly industrial areas and rising interest in energy-efficient buildings.