POSITIV Business & Style

Česko-anglický magazín mapující úspěchy českých podnikatelů, inovace, investiční příležitosti a trendy v lifestylu s distribucí po celém světě. / Czech-English Magazine Mapping the Successes of Czech Entrepreneurs, Innovations, Investment Opportunities, and Lifestyle Trends, with Global Distribution.

You Can Renovate a Flat. You Can’t Change Its Location

52 ǀ POSITIV 3/2026
FINANCE
You Can Renovate a Flat. You Can’t
Change Its Locaon.
You can replace the kitchen. Renovate the bathroom.
Rip up the flooring and lay a new one. What you can’t
change is the location. And yet this is something buyers
sometimes pay less attention to than they should.
It is not simply a question of whether an area is ‘good’
or ‘bad’. A young couple will be looking for something
different from a family with children, just as someone
who works from home most of the week will also
have different priorities. Some people want to be ten
minutes from the city centre; others would happily
trade a city flat for a house with a garden and views
of the Beskids.
The Ostrava and Frýdek–Místek areas clearly show
just how varied housing options can be. Some people
are looking for a flat in the city, others for a family
home in a nearby town or village, or somewhere
closer to the Beskids. Each of these options comes
with a different way of life, different transport needs
and a different daily routine.
A house outside the city can offer more space, peace
and quiet, and a garden. At the same time, however,
it may mean needing two cars in the family, commuting
every day, driving children to their after–school
activities and sitting in morning traffic. A city flat may
not have as much space, but it could save you an hour
every day avoiding a commute.
It is also worth visiting the location at different times
of day. I once had a case where a plot of land seemed
ideal during the day, but it was only in the evening
that it became apparent that lorries regularly drove
to and from a nearby business. This may not bother
some people, but it could bother others. What matters
is finding out in advance and knowing what kind
of environment you are moving into.
It is equally important to look ahead. For example,
I came across a case where a property owner
only discovered, when looking into the future use
of a neighbouring plot, that a road was planned to run
across it and that a new residential development was
planned behind the house. Information like this can
fundamentally change your view not only of what it will
be like to live there, but also of how the land can be
used.
That is precisely why it is not enough to look only
at what surrounds a house today. An empty plot may
not remain empty, and a quiet edge of a town or
village may look completely different in a few years’
time. When buying a property, it therefore makes
sense to check the local development plan and find
out what is planned for the surrounding area. It is also
worth checking for planned transport infrastructure,
major property developments or changes to how
neighbouring plots will be used. What looks like
a meadow behind the house today could become
a building site in a few years.
And finally, it is worth asking yourself one more question:
if I were to sell this property in a few years’ time, who
would want to buy it from me? This is not just about its
future value. What also matters is how broad the pool
of potential buyers for a property like this will be.
Life changes, and so do our housing needs. A good
property should therefore make sense not only today,
but ideally to someone else in the future as well.
The perfect location rarely exists. But it is worth
knowing what compromises come with the one you
choose. Because you can order a new kitchen at any
time. But when you walk out of your front door
in the morning, you will still be at the same address.
Michael Grygar, ROYAL VISION s.r.o.
This text is for general information purposes only
and is not a substitute for viewing the property,
checking its legal status or reviewing the applicable
local development plan in a specific case.
| Text: MonikaŠevčíková, foto: MichaelGrygar
When viewing a property, most people rst noce the kitchen, bathroom, ooring or how the at
is furnished. These are the things that make the strongest impression on us and oen shape our
inial opinion.
POSITIV Business & Style