Keeping up with the latest.
Czech Republic property investment
Czech Tax Returns – 2016 Tax Year
Czech tax returns - deadlines for the 2016 tax year Property Tax Registration: January 31, 2017 Individual Income Tax: March 31, 2017* Corporate Income Tax: March 31, 2017* Pricing for 2016 Czech tax returns Property management clients Description...
Czech mortgages: Major changes from Dec. 1, 2016
Ridiculous penalties on early repayment of Czech mortgages had become the norm. Fortunately this has all come to an end as a new consumer loan law is passed in Czech Republic. This law has been passed in response to EU directive 2014/17/EU. There are many aspects...
Prague property prices 2016 Q3 continue to soar
Hypoteční banka released their HBIndex Q3 statistics showing Prague property prices 2016 Q3 continued to soar. Jihomoravský (Southern Moravian including Brno), Jihočeský (South Bohemian) and Středočeský (Central Bohemian) regions all experienced strong growth. In...
4% real estate transfer tax becomes responsibility of buyer from Nov. 1, 2016
As of November 1, 2016 the real estate transfer tax is no longer the responsibility of the seller but the buyer. The real estate transfer tax is currently 4% and needs to be paid on either the purchase price or the valuation price, whichever is higher. Buyers are...
Brno property update – October, 2016
This month a Pavel Pařízek and Dušan Otradovec from our Brno office attended a conference which focused on what is happening in the Brno property market. It was attended by the top developers and real estate agents in Brno. Here is a summary of the conference: -...
Prague property prices skyrocket; Brno, Hradec Kralove and Plzen grow strongly
Multiple reports indicate that Prague property prices have skyrocketed. This is especially true with newly developed apartments. Here is some of that research that has hit the news over the last month. Deloitte research on Prague property prices Deloitte published...