Keeping up with the latest.
Czech Republic property investment
Czech real estate – the 4 most costly blunders of foreigners
Czech real estate has again become of keen interest to foreign investors. The relatively stable political system, artificially depreciated currency, rising property prices and ease of access are some of the reasons why. However, there are some mistakes that we see...
Association of owners fees – who pays what?
Association of owners fees are the reality of every apartment or flat owner. In other countries the legal entity that the owners form can be called a condo, commonhold or homeowners association. In Czech Republic it is called a 'společenství vlastníků jednotek' or SVJ...
Prague property prices climb but lag behind Brno and Zlin – 2015-Q1
The HBIndex numbers for Q1 2015 confirmed that prices are solidly increasing. Flat prices increased over Q4 2014 by 1% and house prices by a more modest 0.5%. Prague property prices broken out In his comments Petr Němeček, CEO of Hypoteční banka which produces the...
Electronic SRO “databoxes or data boxes” – a trap for investors in CR?
649,874 - this is the number of “databoxes or data boxes” currently in operation within the Czech Republic. Is yours among them? The officials in the Czech Republic have decided that data boxes are compulsory for all legal entities, ie. limited liability companies,...
Frýdek-Místek (Ostrava area) 7.6% cash-on-cash property investment opportunity
We have two newly built apartments for sale in Frýdek-Místek close to the Hyundai factory in Nošovice. The investor is forced to sell the apartments because of an unexpected personal situation. See more pictures and further description. Our Ostrava office has managed...
Extremely strong start to 2015 for Czech property
Early signs in the property market have been all pointing to a very strong 2015 for prices. Here are some of the highlights. (Please note that all the links below are to articles in the Czech language. You can use Google Translate for an overview.) 1. The first three...