Friday, 4 December 2020
Business | Real Estate | Radio Prague

While other areas of the economy are struggling, the Czech real estate market is continuing to grow, Hospodářské noviny reported on Thursday. Property prices are likewise on the up, the business daily said.

Business | Real Estate | Bloomberg Tax

Czech Prime Minister Andrej Babis's plan to lower income taxes risks boosting the prices of homes and other assets, without bringing major benefits for economic recovery from the coronavirus-fueled recession, the country's budget watchdog said.

Business | Real Estate | Expats.cz

The number of mortgages taken out in the Czech Republic has reached record levels due to falling interest rates. October 2020 was the second-most successful month since 1993, when the Czech Republic was established - a record year in terms of volume is within grasp.

Business | Real Estate | Expats.cz

Prague is currently seeing the biggest boom in construction in the past decade, according to a report from the Prague Institute of Planning and Development (IPR Praha).

Business | Real Estate | Radio Prague

Older apartments in the Czech capital are becoming increasingly unavailable. Over the past year, their sale prices grew by nearly 20 percent, Czech Radio has reported. According to data released by the developer Trigema, prices of older apartments in the third quarter of 2019 increased by 18.2 percent year-on-year to CZK 104,864 per square metre.

Prague | Business | Real Estate | Expats.cz

Work on the long-planned redevelopment of the surroundings of Prague's Masarykovo nádraží could soon start, after a decade of preparation. Developer Penta Real Estate expects obtaining a building permit at the beginning of 2021.

Business | Real Estate | Expats.cz

The Czech mortgage market continues to see lower interest rates and break records. The amount of people taking out mortgages in August was very high, setting a record for the month.

Business | Real Estate | Expats.cz

Most foreigners interested in Czech real estate come from the US, Germany and Slovakia. The vast majority of people viewing advertisements on real estate portals are Czechs, but about 7% are foreigners, according to a survey by news server Lidovky.cz.