Photo: Lucie Suchánková Hochmanová, Czech Radio
The increasing cost of living is changing the appetites of Czech home buyers. In their search for flats, a growing number are now considering the purchase of micro-apartments – sized between 16 and 30 square meters. In the last quartile, demand skyrocketed by 56% according to an analysis by real-estate platform Sreality.cz.
The demand for more frugal living comes amid a continuing inflation of housing costs, and time is of the essence for many buyers.
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Author: Xavier Amedeo Pallas