Prague Flats Up 68 Percent in Five Years

Prague Morning

Prague Morning

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Flats in Prague have been a good investment. They have appreciated more than the Czech and European stock exchanges or gold since 2012. 

A Kč 1 million investment in housing in Prague earned Kč 680,000 in five years, according to data from real estate developer Central Group. This is an increase of 68 percent, and there has not been much volatility.

On the other hand, gold lost 12 percent over the same period and just moved into positive numbers a few times. 

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