Prague, the capital of the Czech Republic and located in the heart of Central Europe, is rightly regarded as one of the most beautiful cities in the world. Its extraordinary history, fascinating architecture, high-class cultural offerings and excellent value for money make this city a ‹must see›. Every year millions of people from all over the world visit Prague, more and more of whom succumb to the unique character of the city and settle here permanently. The city is a modern and lively metropolis of the 21st Century, a center of both national and international culture, sports, education, politics and social life. Prague has lost none of its charm over the years and has managed to preserve the unique atmosphere of its rich history along with its historic monuments. Walk through the alleys and side streets of the old neighborhoods and you will be captivated by centuries of history and the sense of magic. The extensive historic centre of Prague has been included in the list of World Heritage Sites by UNESCO.
Today, the Czech capital is a major European city, a place of cultural, social and political events of international significance and a venue for renowned trade fairs and conferences. Prague has been traditionally one of the cultural centers of Europe and the location of many cultural events of the highest quality. The city offers more than 100 theaters, of which the most famous is the National Theatre, the State Opera, a variety of traditional and modern cinemas, libraries and a vast number of museums, galleries, concert halls and libraries of the highest calibre. In 1842, the first Pilsner-type beer was brewed in the Czech Republic and “Pilsener Beer„ was born. Czech beers are world renowned and it is not surprising that in Prague a beer culture has developed with many typical pubs, some of which originate from the 14th Century. Of course, the city also offers numerous fashionable bars, luxurious restaurants and trendy clubs. Shopping in Prague is always a pleasure because it offers a huge selection of designer shops, jewelery, gourmet shops, antique shops, crafts and designer shops as well as numerous specialty shops. Of course there are numerous markets and shopping centers, which are located both in historical buildings as well as in ultra-modern buildings with food courts and multiplex cinema centres. Rest and relaxation can be found in some 200 historic parks and gardens of rare beauty, history and elegance, many of which date back to the Middle Ages. One of the most beautiful natural parks is the “Průhonický Park„ classified as a national heritage site and included in the top category of the list of future World Heritage Sites by UNESCO and in the list of historical gardens of ICOMOS. Other botanical and zoological gardens offer a wide collection of plant and animal species. In 2007, the Prague Zoo in Troja was listed by Forbes Traveler Magazine among the world’s best zoos. Prague currently has about 1,250,000 inhabitants and consists of 10 municipalities and 57 districts. Excellence in education has always been a tradition in Prague. In addition to the oldest university in Central Europe, Charles University, which was founded in 1348, there are many other universities of different faculties, art and music colleges, academies, international elite private institutions and many research institutions. Prague is a major European transport hub with a modern highway and rail and metro network and has an international airport. Prague public transport is according to the International Automobile Federation among the best in Europe.
Now we introduce you to some of the essential areas of Prague: Prague’s Old Town (Stare Mesto) located on the right bank of the Vltava river The main attractions include the Old Town Square (Town Square) with its Old Town Hall, the famous Astronomical Clock (Horologe), the Jan Hus Monument, the Church They (Kostel Matky Boží Před Týnem), the Hussite Church of St. Nicholas and the Palais Kinsky. Through this district also runs the so-called Royal Route, leading from the Powder Tower (Brana, Powder Gate) to the St. Vitus Cathedral (Katedrala sv. Vita) at the Prague Castle. Another part of the Old Town is the island ‘Střelecký’ in Moldavia. The old buildings of the former Jewish quarter (Josefov) were almost completely demolished in the 19th Century, with a number of palatial, elegant buildings built in their place. From the original Jewish quarter only six synagogues remain along with the the Jewish Town Hall and the Old Jewish Cemetery. The most famous street in this neighborhood is the sophisticated ‘Pařížská’, which runs through the Jewish Quarter and connects the Old Town Square with the Vltava River Bridge ‘Čechův Most’. The ‘Pařížská’ with its beautiful houses runs across the Jewish quarter and is now home to fine restaurants and numerous shops with luxury goods. Lesser Town (Mala Strana) nestled along the left bank of the Vltava River, below Prague Castle One of the oldest and probably the most romantic part of Prague is ‘Malá Strana’ with its many unique historic buildings, palaces and fascinating places like Kampa Island, the Lesser Town Square (Malostranske Namesti), the early Baroque Wallenstein Palace Gardens and the magnificent park ‘Petřin’ with its observation tower providing a breathtaking view of the city. Many famous individuals from Czech history have lived on the romantic ‘Malá Strana’ such as Franz Kafka, Karel Capek, Jan Werich and Josef Dobrovský. Prague Castle (Hradcany) is the largest district centred around Prague Castle Much historical lieterature exists relating to Prague Castle and the district ‘Hradčany’ particularly given that the district is home to the castle, the royal garden, the ‘Goldene Gässchen’, St. Vitus Cathedral, the ‘Palais Lobkowitz’ as well as to a number of well-known monuments, other palaces, parks and gardens.
The New Town (Nove Mesto) situated on the right bank of the Vltava River Located within this part of Prague are Wenceslas Square (Vaclavske Namesti), the National Museum (Narodni Muzeum), the National Theatre (Narodni Divadlo), the Prague State Opera (Státní Opera Praha) and the Charles Square (Karlovo Namesti). The local architecture of the district dates back to the late 19th and early 20th Century. Vinohrady – formerly Královské Vinohrady (Royal Vineyards) – located East of the New Town and also a beautiful area The local residential buildings were constructed in the second half of the 19th Century and in the first half of the 20th Century by the wealthier middle class and the upper class of society. Today, there are luxuriously renovated old residential dwellings with typical high ceilings as well as new apartment buildings with modern technological refinements. Other reasons for the popularity of this area include its character and charm, the stunning views from its elevated position, the proximity to downtown, fabulous shopping along with the many small parks and green spaces.
For all these reasons, Prague is very attractive to investors and clients for both residential and commercial real estate.
The Czech capital has excellent future growth potential and is still an insider tip for solid and profitable real estate purchases.