Buying an apartment in Prague: prices, neighbourhoods and steps

Buying an apartment in Prague now costs an average of 153,100 crowns per square metre, according to the Deloitte Real Index, which tracks sales actually concluded. This price, recorded for the first half of 2026, rose by 2.4% in six months. At the Czech National Bank rate of 5 October 2026 (24.46 crowns to the euro), that comes to about €6,260 per square metre. For the average floor area of apartments sold, 59.4 m², the budget therefore reaches about 9.1 million crowns, or nearly €372,000.

New builds are more expensive still. According to the quarterly analysis by three major Prague developers, a new apartment sold in the second quarter of 2026 at 182,845 crowns per square metre, 11% more than a year earlier, and its average price exceeded 11.8 million crowns. Nationwide, the ČSOB bank index records an increase in apartment prices of 11.3% over a year.

This guide details prices by type of building and neighbourhood, the Czech National Bank's credit rules and the steps of a purchase carried out from France.

New build, brick or panel: what an apartment costs

In Prague, the type of building matters as much as the address. The Deloitte Real Index distinguishes three segments for the first half of 2026:

• New build: 157,800 crowns per square metre on average, resales included. New developments accounted for nearly 60% of sales volume.
• Older brick buildings: 157,300 crowns, at the same level as new build, for a quarter of transactions.
• Prefabricated panel buildings (paneláky): 132,100 crowns, for 15% of volume. It is the most affordable entry point, provided you check the condition of the building and the works voted.

The most-sold floor areas

Apartments of 42 to 65 m² account for nearly 39% of sales, ahead of small homes of 15 to 42 m². In new build, two-room apartments with a kitchenette (2+kk) made up about 44% of developers' sales in the second quarter of 2026, and studios (1+kk) 29%. They are also the most expensive per square metre: over 206,000 crowns for a new 1+kk and nearly 180,000 for a 2+kk, after increases of 16% and 12% in a year.

Prices by neighbourhood

Prague is divided into numbered districts. According to Deloitte, Prague 1 remains the most expensive, at 216,700 crowns per square metre, followed by Prague 2 (Vinohrady), where prices jumped 9% in six months, to 199,900 crowns. Prague 3 (Žižkov) and Prague 7 (Holešovice) come next, with fairly stable prices. The cheapest apartments are in Prague 4 and then Prague 9, where prices nonetheless rose by 6% in a semester.

In new build, the gaps are even wider: over 271,000 crowns per square metre in Prague 2, against about 159,000 in Prague 10. Prague 5, 9 and 10 concentrate more than 60% of the available new-build supply and most of the sales.

• Vinohrady (Prague 2): Art Nouveau buildings, parks, metro A; the neighbourhood most sought after by foreigners.
• Karlín (Prague 8) and Holešovice (Prague 7): neighbourhoods in the middle of transformation, a young and international population.
• Dejvice and Bubeneč (Prague 6): residential, quiet and green, close to the universities and embassies.
• Smíchov (Prague 5): well served, with a large supply of new developments.
• Prague 9 and Prague 10: the most accessible areas, linked to the centre by metro and tram, where much of the new build is being built.

A market that is still in demand

At the end of June 2026, about 6,450 new apartments were for sale in Prague, the highest supply in ten years, without prices falling back. In older stock, the platform Bezrealitky, on the other hand, observes a growing gap between asking price and selling price: after three weeks online, a property commonly sells 7 to 12% below its asking price, and 10 to 15% after two months. A well-located, renovated apartment goes quickly and at the price; the others leave room to negotiate.