The property market recovery is officially in full swing. In the cities of Prague and Brno the real estate market has quickly turned over the last year from a buyer’s market into a seller’s market. Here are some signs that the market has turned: 1. Real estate agents...
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S námi vždy víte...Czech property prices move upwards
As confirmed by many sources now property prices as a whole have begun to eke out gains in Czech Republic. Not big gains but gains. In fact, it is quite apparent now that the gains started in the middle of last year and have continued since. What is happening right...
The inertia of rising (or stalled) property prices
Over three hundred years ago Newton established a law of motion stating 'an object either remains at rest or continues to move at a constant velocity, unless acted upon by an external force'. Of course, he was not speaking about financial markets or the value of...
2013 Czech Republic Property Forecast (Prague, Brno, Ostrava, Pardubice / Hradec Králové)
Our 2014 Czech Property Forecast is now available. Watch the video (4 min 53 sec) or keep reading for the print version! A look back at our 2012 forecast In our 2012 forecast we felt that Czech property overall would go down by 4%. According to the HBIndex, an index...
Typical Ostrava investment opportunity in 2014/03
Size: 2 + 1, 65 m2 Asking price: 700.000 CZK Recommended renovation: 150.000 CZK Description: 1st floor from 8 in original condition. Rooms and kitchen are separate. Plastic windows, video camera surveillance, parking in front of the house, close to city center. It...
Typical Brno investment opportunity in 2014/03 – Example 2
Size: 1 + kk, 25 m2 Asking price: 1.030.000 CZK Description: Ground floor, partially reconstructed Potential Rent Price: 5.000 CZK per month + utilities Gross rental yield at full purchase price: 5.8% Interested in this property opportunity or a similar investment in...
Typical Brno investment opportunity in 2014/03 – Example 1
Size: 1 + kk, 34 m2 Asking price: 1.525.000 CZK Description: Complete reconstruction in 2007/08, 4th floor of 7, elevator, brick construction, central heating, very low running costs. Potential Rent Price: 7.750 CZK per month + utilities Gross rental yield at full...
Typical Prague investment opportunity in 2014/03
Size: 1 + kk, 22 m2 Asking price: 1.600.000 CZK Description: Complete reconstruction in 2012/13, floor 4 of 7, with elevator, very low running costs Potential Rent Price: 7.500 CZK per month + utilities Gross rental yield at full purchase price: 5.6% Interested in...
Brno’s small flat market is changing to a sellers’ market
Over the last 6 months we have really seen the real estate market for small flats strengthen in Brno. By small flats I am talking about the flats which sell for under 1,500,000 CZK. For the first time since the heady days of the market in 2006 and 2007 we have had...
RealityMix.cz overtakes Sreality.cz for number of listings
With sreality.cz's massive hike in advertising costs as of December 1st, 2013 we had wondered if the move would turn the tide toward competitors. Indeed it has with the website realitymix.cz as of January 2nd, 2014 overtaking sreality.cz in terms of the number of...
2014 Czech Republic Property Forecast (Prague, Brno, Ostrava, Pardubice / Hradec Králové, Olomouc, Zlín)
You can view a video of the forecast highlights or read the text version. A look in the rear-view mirror at our 2013 property forecast To begin we'll take a quick look back on our forecast for 2013 and see what actually occurred and what did not. In 2013 we had...
CZECH POINT 101 is 10 years old!
2013 marked the 10th year of business for CZECH POINT 101! What this means for you is that you’ll get: safer purchases higher occupancy quicker re-sales in short - superior investments overall Ask our clients – they’ll tell it to you straight. You can read from them...
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