but a declaration
According to the results of recent years, the Czech Republic is steadily among the ten countries in Europe that are in demand among real estate investors. And it is Russian investors who take a large market share, who consider buying an apartment in the Czech Republic, and in particular in Prague, a promising and profitable investment.
Demand for rent is stable, access threshold is affordable, the rights of owners are well protected by law, the country’s economy is not a concern. All this allows us to confidently talk about buying property in Prague as a good investment option in foreign real estate.
What real estate can foreigners buy in the Czech Republic?
There are no legislative restrictions on the purchase of both commercial and residential real estate in the country. From commercial real estate, office, warehouse and retail premises, restaurants, and hotels are available for purchase. But the greatest demand is for residential real estate in Prague. Continue reading