On average, an apartment in 2012 in Prague has gained 68 percent in the meantime. That’s better than investments in European stock markets or gold, which has lost 12 percent of its value over the past five years. And while it can’t rival the explosion in the value of Bitcoin, the numbers show that investments in Prague flats outperformed London’s residential sector by 4 percent. “We can see clearly that investments into flats in Prague are very stable, compared to other investment instruments. Unlike stock indexes, or commodities over the last five years, they haven’t been hit by any serious volatility which could make investors nervous,” said the executive director of Central Group Michaela Tomášková. “The pace of price increase in Prague will probably not be as rapid as it was in the last two years, but thanks to the artificially reduced supply of flats we can expect that prices will rise in the coming years.”
