Prague
is one of the most amazing capitals in Europe.
Tourists and expats are more than welcome here; property market focuses on
foreigners more than ever before. At Home Network will now put you in the picture
about today’s Prague
property market and trends.
Rental
fees
In the past
few years, the real estate market in the Czech capital has showed a slow
but steady decline. Prices
decreased with an approximately 5%, while in high-income luxury properties the
decrease could reach 10%. According to market analyzers, this decline stops
this year and prices remain stable.
Expats
According to last year’s survey, almost 10 percent of
Prague’s population is made up of expats. The majority of them are short-term labourers
who are unlikely to buy real estate, but members from other EU countries have
important role on the Prague real estate market.
Negotiation
power
The
negotiation power between the owner and the client is different in each
country. In Prague
the power is balanced, trying to force the other party is not typical.
Investment
Buying an apartment
for rent it out is a profitable business in Prague. The Czech capital is a
popular tourist town and many multinational companies have the centre office
here. The demand for rent is extremely high and there are several apartment
complexes in the center of Prague, where clients are buying apartments for rent.
Interested in Prague real estate? Contact At Home Prague
Telephone: +420 222 233 233
Mobile: +420 773 552 336
E-mail: czech@athome-network.com
Visit our website: www.athome-network.com/cz
No comments:
Post a Comment