Last month, we were taking over a house that I helped my clients to buy. The construction documentation for the house was one of the main points we were discussing with the seller since the beginning of the purchase. Starting January 2024, a new building law has been in effect, which has doubled fines for (…)
What is common in the Western countries and in the US, here in the Czech Republic is not common at all. And here I mean – working with a real estate agent when purchasing a real estate. Local buyers look for a suitable property themselves and then rely on the seller’s agent to finish the (…)
Historically foreigners could not buy a real estate on their name in Czech Republic. The only way was to open a company in Czech Republic and to buy a real estate on its name. This has been changed. Now any foreigner can buy property in the Czech Republic. There are no legal restrictions on foreigners (…)
In this video, I will show you what an apartment in a new building in a settlement near Prague looks like. The settlement is called Horoměřice, and it is located in the northern part of the Prague-West district. I will show you what the settlement looks like, the transportation connections to Prague, what the apartment (…)
Co-operative real estate or Družstevní vastnictvi attracts with its lower prices comparing to similar properties in private ownership. There are many myths about co-operative apartments, and why it is not worth buying. In this video I will explain what are co-operative apartments, I will name the pros and cons of its acquisition. You can read (…)
In social networks it’s common to see comments that realtors are defining the real estate prices. It’s because of them the prices of homes are so high in Prague. How do realtors increase the prices? Watch in my video or read in the article below. I am always amazed how some people believe that the (…)
I often receive emails from foreigners who live outside the European Union and want to buy real estate in the Czech Republic in order to obtain a residence permit here. Just recently, one of my clients wanted to buy an apartment in Prague for half a million euros, because someone told him that thanks to (…)
When searching for a property to buy in Czech Republic, many foreigners that do not speak Czech fall into 3 common traps. Let me tell you about them.
Any foreigner can buy a real estate in Czech republic with his own funds. But let me tell you about one occasion when you may be refused to buy a property even for cash. Watch my video to know when. The described scenario applies even to foreigners with the residency in Czech republic.
I am a real estate agent. Part of my job is also to advise to the clients on various obligations and best practices that are connected to owning or renting a property. One of such topics is insurance. Most of people heard about the need of having a house or a furnishings insurance but not (…)
It’s no secret that mortgage rates in Europe, in particular in the Czech Republic, are currently pretty low. Therefore, many people choose to finance the purchase of a real estate with a mortgage. What are the main requirements in order to get a mortgage in Czech Republic? Watch in my video or read the article (…)
