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...
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...
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...
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...
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...
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 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...
3 Common Tax Blunders of Czech Property Investors That Cost Them Dearly Czech Republic taxes and deadlines for the 2015 tax year. Property Tax Registration: January 31, 2016 Individual Income Tax: March 31, 2016* Corporate Income Tax: March 31, 2016* Pricing for the...
Here is some of the latest news which shows what is happening in the Czech property market including in Prague, Brno and Ostrava. The articles below are mostly in Czech. Copy and paste the link into Google Translate for an overview in another language. Demand for...
Most third country nationals are blown away by the early repayment penalties that go with almost every Czech mortgage that is on offer. In other countries, after you have had the mortgage for a certain amount of time the early repayment penalties will be waived but...
Czech property prices moved ahead solidly in all categories in Q2 2015 - HB Index confirms. Flat prices in Prague, Brno and Olomouc regions advance Prices are approaching their 2010 level which is used as the basis point by Hypoteční banka for their comparisons. Flat...
With the introduction of the new Civil Code in 01/2014 came a new set of laws governing the relationship between owners and tenants with a direct rent contract. We’ve tried to go through the major aspects of the landlord tenant laws in Czech Republic in order to...
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