If you’re planning to move to Prague, one of the biggest concerns you may have is the cost of living. A significant part of your expenses will be accommodation, and apartments are the most popular choice for expats.
So, how much can you expect to pay for a nice apartment in Prague? The answer is not straightforward as it depends on several factors, including location, size, and condition. However, we’ll try to give you an idea of what to expect based on current market trends.
Location Matters
Prague has several neighborhoods that are popular among expats, such as Vinohrady, Žižkov, and Karlín. These areas offer a great mix of convenience and affordability. However, if you’re looking for a more upscale neighborhood like Prague 1 or Malá Strana with stunning views of the city’s landmarks, be prepared to pay a premium.
Price Range
The average price for an apartment in Prague ranges from 15,000 CZK (690 USD) to 30,000 CZK (1380 USD) per month. However, this is just an estimate as prices can vary significantly depending on the location and size of the apartment.
If you’re looking for a studio apartment in a popular neighborhood like Vinohrady or Žižkov, expect to pay at least 18-20k CZK (830-920 USD) per month. For a one-bedroom apartment in the same area, prices start at around 23-25k CZK (1060-1150 USD) per month.
If you’re willing to move away from the city center to save on rent costs or prefer a larger space with multiple bedrooms or outdoor areas like balconies or gardens – prices can vary even more.
Condition
The condition of an apartment is also crucial in determining its price. If you’re looking for a newly renovated or fully furnished apartment, expect to pay a premium. The same goes for apartments with unique features such as high ceilings, original parquet floors, or historical elements.
However, if you’re willing to compromise on the condition of an apartment and don’t mind doing some renovations yourself, you can save some money. Many apartments in Prague are available for rent in their original state or with minimal furnishings.
Conclusion
In conclusion, the cost of a nice apartment in Prague depends on several factors such as location, size, and condition. While prices can vary significantly, expect to pay at least 15-20k CZK (690-920 USD) per month for a decent apartment in a popular neighborhood like Vinohrady or Žižkov. However, if you’re willing to compromise on certain aspects like location or condition – there are more affordable options available.
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