Is It Cheaper to Shop in Prague?
Prague, the capital city of the Czech Republic, is known for its stunning architecture, rich history, and vibrant culture. But one aspect that often gets overlooked is its reputation as a shopper’s paradise.
Many travelers wonder if it’s really cheaper to shop in Prague compared to other European cities. Let’s delve into this question and explore the shopping scene in Prague.
The Currency Advantage
One of the main reasons why shopping in Prague can be cheaper is the currency advantage. The Czech Republic uses the Czech koruna (CZK) as its currency, which tends to have a lower exchange rate compared to major currencies like the Euro or US Dollar. This means that if you are visiting from a country with a stronger currency, you may find prices in Prague more affordable.
Tax Refund for Non-EU Visitors
If you are a non-EU visitor, you are entitled to claim a tax refund on your purchases made in Prague. This can result in significant savings, especially on high-value items such as electronics or luxury goods. Make sure to ask for a tax refund form (also known as a VAT refund form) when making your purchase and follow the necessary procedures at the airport or designated tax refund offices before leaving the country.
Shopping Districts
Prague offers a variety of shopping districts catering to different budgets and tastes. Let’s explore some popular ones:
1. Wenceslas Square
This bustling square is lined with department stores, fashion boutiques, and souvenir shops.
You’ll find both international brands and local designers here. Prices can vary depending on the store, but overall, it offers a good mix of affordable options.
2. Na Příkopě Street
Located in the heart of Prague, Na Příkopě Street is known for its luxury shops and upscale boutiques.
Here you’ll find high-end fashion brands, jewelry stores, and cosmetics shops. While prices might be higher compared to other areas, the variety and quality make it a must-visit for fashion enthusiasts.
3. Palladium Shopping Centre
If you prefer a one-stop shopping experience, head to the Palladium Shopping Centre.
Located near the Old Town Square, this modern shopping mall houses a wide range of stores, including popular international brands, electronics shops, and Supermarkets. Prices here can be competitive and reasonable.
Local Products
Prague is famous for its traditional crafts and unique products. When shopping in Prague, don’t miss out on these local gems:
- Bohemian Crystal: Known worldwide for its high-quality glassware, buying Bohemian crystal in Prague can be a memorable experience.
- Czech Marionettes: These intricately crafted puppets make for beautiful souvenirs or decorative pieces.
- Garnet Jewelry: Prague is renowned for its garnet jewelry. The deep red gemstone is often set in silver or gold.
In conclusion, while the cost of shopping in Prague can vary depending on your preferences and budget, it does offer several advantages that make it an attractive shopping destination. The currency advantage coupled with potential tax refunds for non-EU visitors can result in significant savings.
Moreover, the variety of shopping districts catering to different tastes ensures there’s something for everyone. So next time you visit Prague, don’t forget to explore its vibrant shopping scene!