Prague is the capital of the Czech Republic, situated along the Vltava river, as well as the Čertovka and Botič streams. Its terrain rises from the riverbanks to its highest point at Teleček. As a major administrative and educational hub, the city is home to several institutions of higher learning, including Charles University, the Czech Technical University in Prague, and the University of Chemistry and Technology. The city is served by Václav Havel Airport Prague.
Living in Prague is significantly more expensive than in the rest of the Czech Republic. The distribution of housing and property prices varies across its districts. Prague 5 holds far more of the housing stock than any other area, with prices aligning closely with the city average. Žižkov and Vyšehrad also contain notable shares of the local market, though Vyšehrad is a more expensive option. For buyers seeking lower prices, suburbs like Nusle and Stodůlky offer homes well below the city-wide average.
