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ARTICLES
Foreign Buyers' Czech Real Estate FAQ
by Marcus Fuchs
Here's how to avoid the pitfalls and strike the best possible deal
REAL ESTATE | 2.10.2005


The Prague Real Estate Market: Part 1
by Eric Webb Dempsey
An overview of the residential property market
REAL ESTATE | 2.10.2005


The Prague Real Estate Market: Part 2
by Eric Webb Dempsey
EU and the effect of foreign interests
REAL ESTATE | 2.10.2005


Prague Neighborhoods
by Prague TV
Guide to the city's most important districts
REAL ESTATE | 2.10.2005
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REAL ESTATE FAQ - THE TOP QUESTIONS

What are the typical real estate agent fees?

A real estate agent typically charges between 2.5% and 5% and is almost always paid by the seller.

Can I purchase property directly?

In order to purchase property you must set up a limited liability company (s.r.o.) or have a long-term resident visa (one lasting five years or more).

Can a S.R.O get a mortgage?

Yes, but your s.r.o. must be a single-purpose company established only to acquire and maintain real estate. It cannot engage in any other business.

Am I too late to buy property in Prague? I hate being the last one in!

The statistics suggest that there will be strong growth in the residential property market for some years to come. Property in neighborhoods adjacent to the center (where 3,000 euros per square meter is a typical price) can cost as little as 1200 euros per square meter (p/m2) with a price differential of 1800 euros. There is, therefore, certainly plenty of room for strong growth.

Read the full Real Estate FAQ article...

CZECH REAL ESTATE NEWS - provided by Prague TV and the Prague Monitor
[Wed 15th Apr, 2009] - Prague and Incheba square off over palace payments
[Tue 14th Apr, 2009] - Orco’s loss tops worst predictions
[Tue 14th Apr, 2009] - Rath plans to build Kaplicky's library near Prague airport
[Fri 10th Apr, 2009] - Orco's fate in hands of creditors
[Tue 7th Apr, 2009] - Reality 21 joins Century 21
[Sun 5th Apr, 2009] - Industrial rental growth in Europe pulled by CEE
Read more news...
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