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Over the last several years, a parade of residential projects has been quietly reshaping big swaths of Prague 9, positioning this outer district to become the city’s next real estate hotspot.
While housing prices continue to skyrocket, frustrating many first-time buyers, Prague 9 is relatively cheaper—at least for now—than other parts of the Czech capital, making it a prime location to invest.
One of the district’s most exciting new developments is set to break ground in Střížkov this summer. Just a three-minute walk from the neighborhood’s metro station, L1FE House by Daramis will redefine modern living. The project’s 347 units will include a mix of standard layouts and larger studios geared toward micro-living in three interconnected buildings. Residents will also be able to enjoy numerous amenities like onsite co-working spaces, lounges, a rooftop terrace, a 24-hour gym, and a laundry area.
This community-focused environment Daramis aims to create within L1FE House has already been quite successful in major cities like London, Amsterdam, and New York.
“We see a lot of potential here in Prague for this micro-living concept that focuses on efficient use of space, balancing comfort, affordability, and functionality while incorporating shared areas for leisure and work,” says Diana James, head of marketing at Daramis.
“The opportunity for community engagement and shared experiences appeals to young professionals and couples, as well as small families who value good relationships with their neighbors. L1FE House is also an excellent option for investors seeking promising real estate opportunities.”
With units going for significantly below Prague’s average asking price, Daramis is currently offering one of the best residential deals in the city. L1FE House will include 163 micro-living units and 184 standard units ranging in size from 2kk to 3kk.
“We recently released additional units at attractive prices and anticipate they will go fast,” says Přemysl Hudeček, head of sales at Daramis, which has 25 completed projects in the Czech Republic. “The Prague real estate market is booming. The average price for new developments in the city is currently CZK 166,215 per sqm, according to Flat Zone data. However, we are offering apartments in the L1FE House project at below-average prices, starting at CZK 141,000 per sqm.”
Daramis is betting Střížkov’s up-and-coming status will draw in a lot of prospective buyers looking to lock in a residential deal in a promising outer borough.
The neighborhood has excellent public transit options, connecting residents to Karlín, the central train stations, the Letňany Exhibition Center, and major shopping malls like Letňany and Černý Most. The metro will get you to central Prague in 15 minutes, while healthcare facilities, parks, and recreational areas for both children and adults are within walking distance.
In the center of this action is L1FE House—a beacon for efficient and comfortable modern living. Even the smallest units at 34.7 sqm are carefully designed to include everything a person needs without feeling confined. These micro-living spaces—labeled Studio+ and Smart 2kk—make up 47 percent of the project.
L1FE House will also feature 158 2kk units, starting at 46 sqm, and 26 3kk units from 87 sqm. All units will include either a terrace, enclosed balcony, or garden.
The living spaces will be equipped with triple-glazed windows for sound insulation, preparations for external blinds, and a recuperation system to ensure fresh air circulation.
L1FE House is among the first residential developments in the country to offer ceiling heating and cooling, which can be controlled by apps to maintain an ideal indoor climate year-round. The project will also have underground parking, private and shared storage spaces, and a communal bike room.
Construction by Metrostav is planned to commence this summer, with completion scheduled for fall 2027. Residents should be able to move in at the beginning of 2028.
