Frequently-asked questionWhy should I invest in the Czech Republic now?
One customer says“I just wanted to let you know how what a great job Pavel has done for us and that we are very happy with your ... MORE Prague real estate. In the heart of Europe.
In this video Khuppi from our Prague real estate office gives the latest news on the market (August, 2011).
Even with the crisis barely in the rear view mirror demand from both foreign and local investors continues. And who wouldn’t like to own a property in this fairytale city that pulls at your heart strings and attracts major foreign investors on the basis of economics.
Property prices have stayed incredibly buoyant in the midst of the crisis and the period shortly after. Overall, prices on flats which are of brick construction (not communist concrete construction) are down about 15% over their peak early 2008. Q4 of 2010 reported a drop of 2.2% overall in Prague but we believe this should be close to the bottom of it. For our expectations of what will happen over the upcoming months and years please see our latest Czech Republic Property Forecast.
Prague real estate, in a nutshell
We feel that now is a good time to look again at Prague real estate investment as yields have increased and
sellers are easier to negotiate with.
Read more about Prague real estate and property on our blog or email us at info@czechpoint101.com with your questions at any time.