Karlovy Vary is a statutory city in western Czechia, serving as the administrative capital of both the Karlovy Vary Region and the Karlovy Vary District. The city lies at an elevation of 447 metres, situated at the confluence of the Ohře and Teplá rivers. Its local economy and regional connectivity are supported by the nearby Karlovy Vary Airport, which serves the wider area.
Property in Karlovy Vary is generally expensive, with average sale prices sitting well above the national average for the Czech Republic. The local housing stock is distributed across several distinct districts, with Rybáře, Drahovice, and Tuhnice holding the largest shares of the city's homes. Drahovice is by far the most expensive district in the city, where property prices are more than five times higher than in neighbouring Rybáře. In contrast, districts like Stará Role, Doubí, and Bohatice offer much more affordable housing, with prices in Bohatice being among the lowest in the city.