Frequently-asked questionWhat are some examples of properties currently available?
One customer says“I would just like to start off by saying I have had nothing but the best experience with the services of Czech Point 101 and ... MORE Prague. Welcome to the heart of Europe.
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 7% over their peak early 2008. Q1 of 2010 reported a drop of 0.7% overall in Prague and we believe this should be the bottom of it.
In a nutshell
We feel that now is a good time to look again at Prague as yields have increased and sellers are easier to negotiate with.