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Arkon
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Stable EU market — low supply, rising rents
4.8% yield
+96% 7yr
$4,200/m²
Neutral
Key Metrics
Avg Price / m²
$4,200
USD, city average
Gross Yield
4.8%
annual, before tax
7yr Appreciation
+96%
2018 → 2024 in USD
Rent vs Buy
Neutral
Break-even: 22yr
Price History
7-Year Price Trend
Average price per m² in USD · Source: Arkon market research
Rent vs Buy Analysis
Monthly Cost Comparison
Typical 2-bed price
€270K
EUR (approx.)
Monthly rent
€1K
EUR/mo (approx.)
Monthly mortgage
€1K
at 5.9% rate
Break-even point
22 years
to recover vs renting
Neutral
Buying and renting are roughly equivalent in this market.
Neighborhoods
Top Areas to Invest in Prague
Prague 1 (Old Town)
Historic / Tourism
1
Price/m²
$7,800
Gross Yield
3.8%
Prague 2 (Vinohrady)
Upscale Residential
2
Price/m²
$5,600
Gross Yield
4.6%
Prague 3 (Žižkov)
Bohemian / Value
3
Price/m²
$3,800
Gross Yield
5.8%
Prague 5 (Smíchov)
Mixed / Growing
4
Price/m²
$4,200
Gross Yield
5.2%
Prague 9 (Vysočany)
New Development
5
Price/m²
$2,900
Gross Yield
6.4%
Prague 10 (Vršovice)
Up-and-coming
6
Price/m²
$3,400
Gross Yield
5.9%
Interactive Map
Neighborhood Price Map
Click any circle or label to see price per m² and gross yield for each neighborhood.
ROI Analysis
Investment Score Breakdown
Legal & Tax
Buying as a Foreigner in Prague
EU citizens buy freely
EU/EEA citizens can purchase property in the Czech Republic without restrictions.
Non-EU buyers — no restrictions since 2009
Since EU accession rules were fully implemented, non-EU nationals face no special restrictions on residential property purchases.
4% real estate transfer tax abolished
The real estate transfer tax was abolished in 2020. Buyers now pay only notary fees (~0.5%) and land registry fees (~0.1%).
Short-term rental under scrutiny
Prague City Council is considering Airbnb restrictions similar to other European capitals. Monitor local regulations if buying for STR.
This information is for general guidance only and does not constitute legal advice. Always consult a qualified local lawyer before purchasing property abroad.
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