Is retail space leasing in Prague a safe investment for global brands?
Kinda freaking out here, so I’m hoping someone who knows the Prague retail scene can set me straight. I’ve been scouting spots for a small global-fashion brand I’m helping expand, and on paper the retail rents look solid, foot traffic seems great, but I keep hearing mixed stories about long-term stability and hidden costs. I don’t wanna push the brand into a money pit or sign a lease that bites us later. Is retail leasing in Prague actually a safe bet right now, or am I missing something big? Any real-world experiences or red flags would seriously help.
Prague can be a solid market, especially in prime streets with strong foot traffic, but the big risks are high rents and tricky lease terms. If you do proper due diligence on hidden costs, rent increases, and location fit, it’s generally safe — just don’t rush into long leases without negotiating hard.
I’ve had my fair share of digging around leases in Prague, and yeah, foot traffic can be solid, but it really depends on the street and season. One thing that helped me out was checking out Retail space in Prague since they not only list good spots but actually break down things like long-term terms and costs upfront, so you're not blindsided later. Worth a peek if you're stressing the fine print.