Prices of studio apartments in Brno have soared over the last 9 months. Demand has been extremely strong primarily from investors.
If you search for 1+kk (studio) apartments in new development projects it is hard to find anything under 2,000,000 CZK.
According to realitymorava.cz, a real estate server that tracks list prices, the average price for studio apartments has gone up over 12% since the beginning of 2014.
How will the growth affect investors in this city?
1. Those currently buying can expect yields to be temporarily suppressed
2. Rents will grow over the next year as would-be buyers are pushed into renting longer
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Updated/Aktualizováno: October 14, 2014,
