# Prague Class A submarkets

> Prague has 5 distinct Class A submarkets we track, anchored by Nové Město at the trophy tier.

**Canonical URL:** https://classa.info/cities/prague/neighborhoods-overview
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 5 submarkets covered.
- Trophy tier: Nové Město.
- Prime tier: Karlín, Smíchov, Pankrác.
- Established/emerging tier: Chodov / Michle.

## Key facts
- **city**: Prague
- **country**: Czechia
- **region**: EMEA
- **classARentLocal**: €312/sqm/yr · ≈ $31.3 PSF/yr USD
- **classARentUsd**: $31/sqft/yr
- **vacancy**: 7.6%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **primeYieldPct**: 5.4%
- **trophyCount**: 1
- **primeCount**: 3

## FAQ
### How many Class A submarkets are in Prague?
5, ranging from trophy (Nové Město) down to established and emerging clusters.

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Citation: Source: Class A Atlas (https://classa.info/cities/prague/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.