In Prague, the most sold apartments are 2+kk, and there is a growing interest in studio apartments

Prague - Those interested in a new apartment in Prague are most often buying 2+kk apartments, which account for almost 40 percent of total sales this year. Interest in smaller studio apartments is also rising. This follows from data from the companies Ekospol, Skanska Reality, and Trigema, which CTK has available.
    In the first three months of this year, 38.5% of all sold new apartments in the capital had a 2+kk layout. This is one percentage point more than a year earlier.
    2+kk apartments have dominated the Prague market since the Czech economy began to recover from the consequences of the economic crisis. "During the crisis, the most sold apartment was 1+kk; now it is 2+kk with an area between 45 and 50 m²," said the CEO and chairman of the board of Ekospol, Evžen Korec.
    The companies also recorded an increase in demand and sales for the smallest 1+kk apartments, whose share of total sales rose this year to 23% from last year's 21.7%. In contrast, the share of 3+kk and larger apartments in sales decreased.
    "Buyers' interest in a specific apartment significantly influences its final price and, of course, their financial capabilities. There is a big difference between what clients wish for and what they can actually afford. Everyone would like a 3+kk, but in the end, they must settle for a 2+kk apartment. There are very few buyers who can afford to purchase, for example, a one-hundred-square-meter new 3+kk apartment," added Korec.
    Square meter of a new apartment sold for an average of 56,178 crowns in the first quarter of this year, which is almost the same as a year earlier. At the end of last year, for example, the company Central Group stated that it sells 1+kk apartments for an average of 1.8 million crowns, 2+kk for 2.8 million crowns, 3+kk for 3.9 million crowns and 4+kk for 5.7 million crowns.
    The market for new apartments in Prague has been growing significantly lately. According to joint statistics from the companies Ekospol, Trigema, and Skanska Reality, people bought 5,950 new apartments in Prague last year, which is 18.6% more year-on-year. In the first quarter of this year, a record 1,850 new apartments were sold in the capital, which is 37% more than last year.