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Development News (1-2/2018)
Miroslav Linhart in an interview for Development News: „The hotel market is in good condition due to the current boom in the tourist trade and therefore growing yields."
Miroslav Linhart: Prague’s Residential Market is Suffering From Poor Supply
With the Czech economy picking up speed, this should be a period of heightened construction activity. However, the reverse is true: rather than not, construction is slowing down. Miroslav Linhart, a Deloitte partner and real estate team leader, comments on the latest developments on Prague’s residential market.
There is enormous amount of money on the market now and there will be some normalisation in time. But from a long-term perspective properties still maintain their value. M. Linhart in an interview for the Building World magazine about commercial real estate market situation and Deloitte's Real Estate team.
What is the actual cost of an apartment? All you need is just a few mouse clicks away. The Transaction Price Map developed by Hyposervis and Deloitte scrutinises development projects.
“We have lost one year. During a boom we are, unfortunately, not interested in how and for which price constructions are delivered and during recession we look for someone to blame,“ said one of Deloitte’s experts.
The most significant price increase was seen by apartments in brick houses and apartment houses. The prices of apartments across the entire Czech Republic are on the rise.
The map of actual prices is newly accessible to the public. In return for a fee, everybody may use the website and find the amount for which apartments were sold in individual buildings and in the surrounding area.