Smíchov is a prime-tier Class A submarket of Prague with average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD.
Western Class A and tech corridor. · Tier: prime · Avg rent: €312/sqm/yr · ≈ $31.3 PSF/yr USD
Smíchov — anchored by Nový Smíchov mall and Anděl metro — hosts Prague's principal western Class A and tech submarket.
Tech, shared services, professional services, retail HQs.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Metro B (Anděl, Smíchovské nádraží), tram.
Multi-modal transit captures the metro's principal professional catchment.
Nový Smíchov, Anděl retail, Vltava waterfront.
Smíchov is one of 5 Class A submarkets we cover in Prague, classified as prime tier with an average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD. Compared with the broader Prague Class A stock, Smíchov typically attracts Tech, shared services, professional services, retail HQs and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Smíchov: Nové Město, Karlín, Pankrác, Chodov / Michle. The full Prague submarket atlas is at /cities/prague.
For an institutional Class A occupier evaluating Smíchov, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Prague Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.