Prague has 5 distinct Class A submarkets we track, anchored by Nové Město at the trophy tier.
Prague has 5 distinct Class A submarkets we track, anchored by Nové Město at the trophy tier.
**Nové Město** (trophy, ~€360/sqm/yr · ≈ $36.1 PSF/yr USD) — Heritage CBD trophy core. **Karlín** (prime, ~€348/sqm/yr · ≈ $34.9 PSF/yr USD) — Post-2010 mixed-use frontier. **Smíchov** (prime, ~€312/sqm/yr · ≈ $31.3 PSF/yr USD) — Western Class A and tech corridor. **Pankrác** (prime, ~€288/sqm/yr · ≈ $28.9 PSF/yr USD) — Southern suburban Class A spine. **Chodov / Michle** (established, ~€252/sqm/yr · ≈ $25.3 PSF/yr USD) — Suburban business-park corridor.
| city | Prague |
|---|---|
| country | Czechia |
| region | EMEA |
| classARentLocal | 312 EUR/sqft/yr |
| classARentUsd | $340/sqft/yr |
| vacancy | 7.6% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
| trophyCount | 1 |
| primeCount | 3 |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.