The tallest residential building ever in the Czech Republic is being built in Prague’s Vysočany district. The 25-storey, 90 m building called Eliška will cost the investor, the Czech businessman Vladimír Lederer, approximately CZK 500m, according to the Czech News Agency. The apartment building, being built by Metrostav, will offer 385 flats, 120 of which may be put up for rent, as the majority of the flats are 33 sqm studios. A few luxury maisonettes will be added on the upper floors. Lederer claims the project is focused on young people and singles. Half of the units have been on sale since last autumn, with 50 flats sold at an average price of CZK40,000/sqm.
