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Czech Republic property investment
3 weighty components of a lucrative property location in Czech Republic
Location has been listed as the key factor to a successful real estate purchase, in fact, the three key factors. Not only in good times but also in bad times the location is critical. The recession starting in late 2008 and subsequent fall in property prices in Czech...
Relief for early repayment penalties on Czech mortgages
A new law limiting early repayment penalties on Czech mortgages was approved by MPs. It now goes to the Senate for approval. This law has been passed in response to EU directive 2014/17/EU dealing with credit agreements to consumers. Early repayment penalties on...
Old vs. new flat – what is the better investment?
Original article by Jana Kneshke in 'Moje Penize' – Summary into English by Pavel Parizek This is one of the questions that belongs on a FAQ list, so let’s have a look on some guidelines about this topic - new flat vs. old flat. Basically it is not possible to say...
Property purchase process and timeline in Czech Republic
As real estate prices climb confidence returns to would-be buyers. One of the most common questions we get asked by prospective buyers is how long the property purchase process will take. The answer often surprises non-Czechs because it can be much longer than they...
Where are Czech real estate prices headed in 2016?
In January, 2012 we published an article specifically on the Czech property cycle and where it we were at that point in time. Since then the market and conditions have changed greatly and I thought it would be a great time to revisit this topic and redo the analysis....
Czech property prices in 2015 (including Prague, Brno and Hradec Kralove) grew strongly
Czech property prices moved up at a strong rate in 2015, according to the HB Index, a reliable source of housing prices in Czech Republic. This growth in Czech property prices was across all segments of the market including flats/apartments, houses and land. Czech...