We've been getting a lot of customers lately whose experience could be summed up like this: They wanted to buy an apartment for investment and so they went to the REA/developer and asked about the buy to let property. After a short meeting and a promise of a high...
Property Tax Registration: January 31, 2024 Individual Income Tax: March 31, 2024* Corporate Income Tax: March 31, 2024* Relax and let the property experts take care of your 2023 Czech tax returns Pricing for 2023 Czech tax returns Property management...
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 property location is critical. The recession starting in late 2008 and subsequent fall in property prices...
Prague and Brno property prices surged year-over-year. In fact, Czech property prices in general increased 10.7% year over year to the end of 2017 Q2. Below is a breakdown of the areas of Czech Republic and what the prices did year-over-year compared to Q2 2016....
The stats from Q2 of 2017 on Czechia property prices from the HB Index show a continued escalation of housing prices. This was in spite of efforts by the Czech National Bank to slow down Czechia property prices. Flat / Apartment Prices The price for apartments overall...
Despite speculation that recent changes such as the tightening of mortgage criteria as well as the transfer tax becoming the responsibility of the buyer would slow Czech property prices they continue their surge. This was reported by the most recent stats from the HB...
The latest information from the HB Index shows that Prague real estate prices continued to shoot up in Q4 2016. Indications are that it will continue into 2017. Flat / Apartment Prices Apartment and flat prices climbed 3.9% in Q4 2016 meaning the year-over-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...
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...
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...
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...
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: -...
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