Closer or further away from the city?

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Before buying or renting a flat we should have a clear idea of for how long we need it. A flat is also a product, although of a different type and more expensive than a car or furniture. It can’t be replaced or modified so easily, which is why we need to think about for how long we need it and when we might sell it or let it out.

Of course, an essential part of it is money – and not only our savings but also the monthly mortgage repayments. Therefore, it doesn’t make sense to buy a three-bedroom flat if there are just two of us and if we only expect our adult children or our mother-in-law to visit us. On the other hand, the fact that we only have one child should not make us opt for a double bedsit, which might become a stressful reason for divorce a few years later. It is generally recommended that a young couple should have the opportunity to rent a flat and then move as their needs change because buying a flat and repaying mortgage means settling down in a certain place.

Although we are not Americans, who are said to move five times in their lives on average, we should get used to the fact that we might have to move because of our jobs. Also, in different periods of life we prefer different kinds of housing: a young childless couple (not to mention singles) will be happy with a small reconstructed flat in the city centre, where entertainment and job opportunities are not far away, while a family with three children will appreciate quiet housing in a place with lots of greenery, near the school, and will be happy to pay for the peace and quiet by commuting to work. If we work from home a lot and very often, which will be an increasing trend in the future, we don’t care as much about the travelling distance to our workplace as we do about the quality of our environment and the nearness of services.

In any case, you should tell about such defined requirements to experts, i.e. architects, only after you have got a clear idea of what you really want. Let them advise you. You might not even think of what could be done with your flat. Don’t forget your hobbies, growing children and the increasing number of skates, bicycles, snowboards, etc. And don’t be afraid of changes.

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Words from our past clients

We have been cooperating with Philip & Frank brokers for a few years. Throughout that time it has been proved that it was a good choice. We are especially satisfied with their transparency and regular information about the progress of each project. At the same time we have always been in control of all decision-making. We will be happy to recommend them and their legal services to our friends and relatives. It was our pleasure warking with them.

Martin and Tereza K.

While we were selling our flat, we approached the brokers of Philip & Frank who had been recommended to us. I was really satisfied and delighted. Their truly professional approach – meetings with us, organization of tours of the flat with clients and arranging the formal aspects of the sale, including cooperation with an excellent lawyer – was astonishing. I appreciate their competence and I recommend this real estate agency to other clients.

Ludmila K.

Thanks to the professionalism of Philip & Frank real estate brokers I learned that even purchasing a property can be a pleasant experience. Their thoroughness, reliability, helpfulness and kindness enabled us to concentrate only on the property. We were relieved of all the worries regarding the purchase and we could simply enjoy buying the flat. That is what you dream of but I would never have thought that it could come true. Thank you for your perfect services!

Zuzana P.

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Philip & Frank s.r.o.
Štefánikova 1/65
150 00 Praha 5
Czech Republic