The grand Pařížská street has just ranked 17th in the latest analysis of the world’s most expensive streets, overtaking its old rival Na Příkopě.
The wide tree-lined boulevard nestled between Prague’s Old Town Square, Jewish Quarter and the Vltava River is reminiscent of the city that it is named after – Paris. Pařížská is certainly no stranger to wealth – the street is home to designer boutiques and luxury brands such as Prada, Gucci, Louis Vuitton, Jimmy Choo, and Dior, housed in stately Art Nouveau buildings with façades combining historic features and decorative detail.
But now, according to the latest Main Streets Across the World report by real estate consulting firm Cushman & Wakefield, which compiles the world’s most expensive retail streets by prime rental value, it has been confirmed as the most expensive street in the Czech Republic and the 17th most expensive street worldwide.
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Author: Anna Fodor