Interest in mortgages has dropped significantly. In January, banks and building societies provided mortgage loans worth 32.6 billion crowns, which is more than a quarter decrease compared to December. The CBA estimates that the mortgage market will slow down significantly this year. The average interest rate at the beginning of the year was 3.4%, but current offers are already between 4 and 5%. How the housing market will develop in the following period and more can be found in the following reportage.
Raising the "glajcha" of Zelené kaskády project
The construction of the residential project Zelené kaskády in Prague 9 has reached its highest point. Therefore, at the beginning of November, a "glajcha" was raised on the construction site as an ancient symbol of...
New investment units in the centre of Prague
At the end of October the pre-sale of investment apartments in the centre of Prague in the project Prime Vršovice started. There are 68 1+kk units in the project, with prices starting from 3.4 mil....
Updated opening hours of the client centre
Dear clients, our client centre will be closed from September 28 to October 1. We will be available again on Monday, 2 October.