Short-term rentals are in demand in Prague
Definitely, this situation has a positive effect on hotel business, but the market also needs a strict control which is introduced into other countries, says the author of the article in Hospodářské Noviny.
Low mortgage rates in the Czech Republic lead to the fact that the Czechs purchase apartments purposely for a future rent.
Experts predict a further rise in prices for rent in Prague on 10-20%, especially in the small apartment.