The Importance of Location for Purchasing a Property in Prague
There are three preconditions for the success of every property. Firstly, it is the location, secondly the location and thirdly the location again.
This city district is located in the northern part of Prague and consists of Karlín, Libeň, Kobylisy, Bohnice, Čimice and Střížkov. It is a district where there is plenty of space for new construction. There are is a number of former industrial areas where renovation of various buildings is also possible. During the 2002 flood a majority of this district was destroyed, however, Prague 8 has undergone many renovations and has been rapidly developing since. In Kobylisy, you will find the Meridian International School.
Prague 8 Locations:
Karlín lies between the areas of New Town and Libeň. Some significant buildings can be found in this area including Invalidovna, an expansive dormitory for war invalids inspired by the French Les Invalides. It has been destroyed by the great flood in 2002 and now awaits renovation. Recently, the district has been attracting more people thanks to lower prices and the River City project. The River City is a complex of residential and administrative buildings. Some finished administrative buildings are for example Nile House, Danube House and Amazon Court. There are also residences like Diamond Apartment and Rezidence Vltava that make Karlín an attractive location. It also has its own musical theatre, which is the second biggest in Prague. The metro stations Florenc-Křižíkova-Invalidovna run through this district. Florenc is the interchange station for metro lines B and C and the Czech Republic’s largest bus station “ÚAN Florenc” is also here.
Libeň falls mostly under Prague 8, with some areas belonging to Prague 7 and Prague 9. The district also includes an important thoroughfare „Palmovka“ for trams. The most significant construction in Libeň is the O2 arena. This multi-purpose arena is Europe’s second largest ice-hockey arena. It has hosted many championships, tournaments, concerts and other stage shows. The area has a few historical sights, for example its own small palace called Libeňský zámeček. Although Prague 8 has always been more of an industrial area, thanks to residences like Lofty Palmovka, and the new residential projects Libeňské terasy and DOCK River Watch, the district has been attracting new inhabitants.
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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.
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.
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!