Prague is one of the most beautiful and most visited cities in the world. But what about the current development of the metropolis? Long-term problems include slow construction and a lack of new building plots. The solution lies in the revitalization of the so-called brownfields, ie currently unused places that once served, for example, railway stations or factories. In Prague, the area of the largest neglected localities gives about 250 hectares, which is more than fifty times the area of Wenceslas Square. The lives of locals are often complicated by outdated transport connections and a minimum number of parks and places to relax or for meetings.
According to a number of experts, Prague has just „got stuck“ only on historic real estate and should be modernized. The management of the capital works closely with the Institute of Planning and Development on new projects. Now, are they organizing an interactive exhibition called Prague Tomorrow? Prague priorities, where you will get acquainted with projects that are to change the face of the Czech capital in the future. You can visit it in the Center for Architecture and Urban Planning until the end of December this year. Let's introduce some of them!
When we say the Bubny-Zátory district, many Praguers probably won't even know where to look for it. And it is no wonder. It is the largest and one of the most neglected brownfields in Prague 7 and its transformation has been going on for many years. In 2018, Prague finally announced a tender for a territorial study, and an architectural study was created, which will be approved this year. Approximately 11,000 new flats will be built here for about 25,000 inhabitants and will be complemented by administrative and commercial buildings, some of which will reach the level of the 21st floor. There will also be a central park with an area of 6 hectares. The close proximity to the city center and the rich transport infrastructure further increase the attractiveness of this location. In addition, Letná and Holešovice will naturally connect.
The Vltava Philharmonic should become a cultural landmark. As the name suggests, it is to grow in the Vltavská area in Holešovice. Prague wants to keep up with other world capitals, in which modern concert halls have long stood. The Philharmonic should be a symbol of Prague's construction in the 21st century. So far, however, the entire project is in solution and international architectural competition will be announced for its design.
In the future, however, it will not be the only space in Holešovice that will take care of social life. The Prague Market is awaiting renovation. The revitalization will take place with careful preservation of the listed building of the Slaughterhouse Exchange and various industrial elements. The well-known fruit and vegetable market will remain but will be complemented by other services, shops, and space for cultural and leisure activities.
A similar situation prevails during the implementation of development projects in Smíchov. The transformation of the Smíchov railway station creates new areas for construction and improves the entire infrastructure. The station itself will be transformed into a modern transport terminal facilitating transfers between trains, buses, public transport, and the metro. A new multifunctional district will be built in the location, connected by a long pedestrian city street.
New flats will also be added on Rohan Island and on the territory of the former Žižkov freight station. "We consider the release of unused areas for construction to be a step in the right direction. Systematic cooperation with the public administration on new projects can bring a solution to the current shortage of flats in the capital. At the same time, the overall quality of life will improve, ie the positive effects will be reflected in other parts of the city, “says Jiří Kučera, director of the real estate agency Luxent – Exclusive Properties.
Prague also plans to revitalize public spaces. Restoration awaits all major Prague squares – Wenceslas, Charles, Lesser Town, and Victory Squares. Probably the biggest intervention will be Wenceslas Square, where the zones for various types of transport will be more strongly defined. Above all, trams return to the top part of it, and cars are reduced.
In the transport infrastructure, one of the most discussed projects is the new metro line D. Already in the middle of 2019, the City Council of Prague approved its construction, however, due to the coronavirus pandemic, not only construction work was postponed, but also construction tenders or deadlines for tenders were extended. So the excavation will probably start in the spring of next year. Ten stations, including one transfer station, plan to finally connect Náměstí Míru and Depot Písnice.
A new rail connection should simplify transport to the airport. It will be created thanks to the modernization of the existing railway section between Masaryk Railway Station and Kladno Ostrovec and the construction of a new exit to Václav Havel Airport. The completion of the City (inner) Circuit will significantly facilitate car traffic in Prague. So far, only 70 % of it has been implemented. The construction of the Dvorecký Bridge between the Zlíchov and Podolí embankments will ensure a better connection of the banks of the Vltava river for public transport, cyclists, and pedestrians.
Life & style
3. 1. 2022
It can already be said with certainty that 2021 will go down in mortgage history as a record year - whether in terms of the volume of mortgages arranged due to huge interest or above-standard interest rate increases. We will now take a closer look at the various factors that have shaped the mortgage market in recent months and will also be reflected in the period ahead.
28. 12. 2021
The luxury segment, comprising unusual properties in prestigious locations, forms a distinctive part of the residential market. And it has its own special requirements. Properties that are the focus of our real estate agency Luxent - Exclusive Properties require professional brokers with perfect knowledge of the specifics of this market. They will now take you on an excursion into the world of exclusive real estate with a few selected, untouched gems!
2. 12. 2021
The jewel of our real estate agency Luxent - Exclusive Properties' portfolio are two building plots with building permits for luxury house development projects - Nad Šáreckým údolím in Prague 6 and Zahrada snů in Prague 8. The common feature of the buildings is the emphasis on the highest quality materials and equipment, the pursuit of maximum energy efficiency and also a sensitive setting in the space that honours the genius loci. You can start building your home as soon as you purchase the land. You'll also appreciate the fact that both have now seen a significant price adjustment!
10. 11. 2021
In the popular Krkonoše resort of Harrachov, an intimate project Harrachov Peaks is growing, which includes 16 unique units, including three exclusive penthouse duplexes. Our real estate agency Luxent - Exclusive Properties has launched an exclusive sale of luxury apartments with layouts from 1+kk to 4+kk. But don't hesitate for long, the huge demand for holiday properties is definitely not going to subside! Mountain residential house offers the possibility of a second home in nature and at the same time an investment opportunity. The project is scheduled for completion in December next year, and you can look forward to the handover of the units in January 2023.
8. 9. 2021
In an attractive location of Prague 5, on the border of Smíchov and Radlice, directly below Dívčí hrady, construction of an original and timeless development project - the Garden Lofts residence in industrial style has started. The building includes 22 luxury apartments with terraces, balconies or front gardens. They are now exclusively for sale by our real estate agency Luxent - Exclusive Properties. The project will be completed in the spring of 2023. The construction is being carried out by the renowned construction company Swietelsky.
11. 8. 2021
We have opened a model house in the exclusive residential complex Březový háj in Předboj, Prague-East. Most of the 16 luxury villas, including one bungalow from the first stage, are already sold or reserved. But do not despair! During this year we are going to offer for purchase 4 more houses from the second one. The exclusive sale of luxury homes is handled by our real estate agency Luxent - Exclusive Properties. The first phase is scheduled to be completed next spring, and the entire project is expected to be finished in late 2022/early 2023.
22. 7. 2021
Wondering how to spend your summer? Are you a lover of wine, cycling or hiking? Discover the 1,200 kilometres of wine trails in Moravia! You can choose from a total of eighteen circuits named after the main wine centres. The routes ingeniously connect interesting places and offer visitors day trips and multi-day trips full of exercise and first-class Moravian wine. Once you start with one, you'll want to try the others! Here's a selection of the ones you shouldn't miss, along with a few tips on luxury living.
15. 7. 2021
Luxent - Exclusive Properties offers comprehensive services in the field of luxury real estate. To work in such a specific market, our real estate brokers require, in addition to years of experience, excellent knowledge of the real estate segment, top know-how in marketing and sales support, as well as professionalism and superior client care. An exceptional example is Zdeněk Jemelík, who specialises primarily in the sale of residential properties and development projects and also provides advice on investment acquisitions and leases.
28. 6. 2021
Golf is no longer the domain of a select few who live in exclusive apartments and family villas. Golf tourism is becoming increasingly popular in the Czech Republic. It combines a passion for sport with visits to historical monuments or trips through beautiful countryside. So whether you are a seasoned matador or a beginner, you are sure to enjoy travelling in conjunction with golf! So where to go?
16. 6. 2021
Are you planning to buy an exclusive property? In addition to luxury apartments in Prague, family villas and commercial buildings, you can also choose from historic ones! In the Czech Republic, unlike Western European countries, we have monuments that have been relatively preserved, but during the previous regime it was impossible to buy them. Since then, they have been in great demand among businessmen and celebrities. They build private residences, company headquarters, hotels, spas, restore castle parks, vineyards or develop other agricultural activities on the land. Are you interested in how this unique segment works? Lenka Munter, a specialist at Luxent - Exclusive Properties, who has valued the properties of the British royal family for Forbes in New York, will guide you through the world of historic properties. The company currently offers several castles in its portfolio, including those in Světlá nad Sázavou, Encovany and Stružná.