House. Apartment. Cottage.
The dream costs less here.
The price of choice real estate, businesses, consumables and labor in the Czech Republic are still only a fraction (about 20% cheaper on average) of what they cost in nearby Western countries like Austria and Germany, Prague real estate excepted.
With proper research—and the assistance of a trustworthy local company such as our own—the Czech Republic now offers you a unique opportunity to maximize both the value and return of your investment capital like nowhere else in the world at this time, and for the foreseeable decade.
Whats available
Property prices look to have bottomed and are showing signs of increasing. Below is a graph showing the current average list price of property in the Czech Republic on a major real estate server.
The rise could begin to happen again at a rapid pace that will gain momentum on a monthly, not yearly, basis.
Protecting your money during the purchase
Think things function in Czech Republic pretty much the same as Western countries? For a jolt of the Czech difference read this horror story from a purchase in Český Krumlov or other experiences in this article about whether Czech real estate agents are accredited or regulated.
One essential step to protecting your money during a purchase in Czech Republic is using an escrow account. Watch the video below for a description of how an escrow works in Czech Republic and who can administer it.
What you need to know
The following common questions are all addressed thoroughly in our Czech Property Investment Blog:
- Our latest Czech property forecast.
- Is it possible for a non-EU citizens to purchase property in Czech Republic?
- Czech property purchase process and timeline.
- The most costly Czech Republic property investment mistakes.
- What is the total price of a property purchase with all fees?
- Can I get a mortgage for my property as a foreign citizen?
