A HUGE thanks to everyone who supported us in our 'Sell Prague Castle' campaign! Why did we try to sell the Prague castle? We thought we'd give the government a taste of their own medicine after they took our trademark 'CZECH POINT' through the national trademark...
Buying & Selling Property
S námi vždy víte...How to invest like Warren Buffet in Czech property
An article in the Financial Post was titled: "Warren Buffett isn’t just a great investor. He’s the best investor, study finds". The article went on to reference a study which showed that Buffet's investment company, Berkshire Hathaway Inc., has done better than every...
Where to find Czech real estate for sale besides sreality.cz
With advertising rates on sreality.cz jumping 35%+ on December 1, 2013 many real estate companies have been looking at alternatives and pulling their ads from this server. This also means for consumers that if they want to find all the property for sale at any given...
Investment Opportunity in Ostrava – 11/2013 – SOLD
Asking Price: 380,000 Kc (Actual sale price was 365,000 Kc) Annual rent: 39,000 Kc Description: The flat with cellar has almost 24 m2 (Room - 18 m2, hall - 2,20 m2, Bathroom - 1,94 m2, cellar - 1,5 m2). Window in the room is situated on the yard on south-west. Flat is...
Czech Republic Taxes – 2013 Tax Year
Tax deadlines for the 2013 tax year. Property Tax Registration: January 31, 2014 Individual Income Tax: March 31, 2014* Corporate Income Tax: March 31, 2014* Pricing for the 2013 Czech Tax Year Non-property management clients Description Price ...
Book: “Czech Point: Keys to Lucrative Property Investment” now on Google Play Books
Our book "Czech Point: Keys to Lucrative Property Investment: How to Buy, Manage and Sell Rental Real Estate in Czech Republic" in eBook format is now available on Google Play in the books section!
Czech property prices increase further in Q3 2013, solidifying recovery
The HBIndex numbers for Q3 2013 confirmed that the housing market is on solid ground again. For apartments it was the second quarter of gains. However the gains have not been anything spectacular with Q2 showing a 0.2% increase and Q3 another 0.2% increase. However,...
Czech flat prices moving in tandem with US Shiller Index
I undertook to map what has happened in the US housing market with what happened in Czech Republic to see if we could see any trends. One interesting thing that came out of it is that flat prices in Czech Republic have basically moved in tandem with the US Shiller...
Ostrava property investment case study – confirmed 12% gross rental yield!
Bc. Tomáš Repaský, from our Ostrava office, is just completing an investment for an Israeli client which highlights the types of opportunities that are currently available in Czech Republic. After doing extensive research the client, in May of 2013, decided he wanted...
Refinancing success for large rental buildings
I am really proud of our team! We managed to refinance two of our client's buildings in Prague valued at over 68,000,000 CZK. The client lowered his monthly payments by 130,000 CZK per month. Our biggest refinance to date. Interested in refinancing your rental...
Warning: Be prepared to work for nothing if buying a guest property (bed & breakfast, guest house, pensions, etc.)
I am regularly written by non-Czech citizens, who, after enjoying an enchanting vacation in Czech Republic's country-side, explore the idea of relocating. As I always explain to my wife, the grass is always greener when you are on holidays. The reality of life can be...
Home and flat prices – July, 2013
The HB Index is one of the only sources of accurate information regarding what property prices are doing in Czech Republic. The index is prepared by Hypoteční banka and is based on the prices which they see in purchase contracts of property for which they give...
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