Prague. Welcome to the heart of Europe.
The Prague property market has and continues to see overwhelming demand from both foreign and local investors. And who wouldnt like to own a property in this fairytale city that pulls at your heart strings and attracts major foreign investors on the basis of economics.
Property prices have seemed to defy gravity for quite a few years, posting consistent gains year after year. However, the constant price increases have influenced rental yields. Pushing them down to around 4% as of the time of this writing 3Q 2008. The last year has started to show signs of a slowing market as the price of the crown affects foreign investors.
In a nutshell
We feel Prague investors now need to exercise caution. With numbers indicating the top of a property market, we recommend using local advice and good judgment in choosing the right investment. Dont let your heart get too carried away.

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Prague newsThe D1 highway linking Prague, Brno and Ostrava – the Czech Republic’s three largest cities – has been completed. With a new thirty-kilometre section costing CZK 7.6 billion now in operation, drivers can travel the 385 kilometres from Prague to Ostrava in relative comfort on the highway. — November 2009