Ostrava saw one of the strongest surges in housing prices in 2007 and 2008 but has subsequently seen one of the most drastic falls.
Investment indicators now look great with yields approaching levels not seen for some time.
In this article Bc. Tomas Repasky, who operates our Ostrava office, talks about some of the fundamentals and also identifies the best areas of Ostrava to invest in.
Here is an excerpt:
“Ostrava is strategically located in the north-eastern part of the country, on the route of the north-southern corridor between the Baltic and Adriatic Seas. Benefiting from extremely easy access to the Polish and Slovak markets, the city confirms its position as the economic, business and cultural centre for the entire Euro-region.”
“Ostrava has excellent traffic infrastructure, with an airport, motorways, railway corridors and an efficient integrated regional public transport system in place. The importance of the city also steadily increases as a result of its major railway junction and the growth of the Leoš Janáček International Airport, which is suitable for all types of aircraft.”
You can read the complete article on Prague Connect.
Ostrava center is popular with residents and also for investing.
Updated/Aktualizováno: July 22, 2014,
