About Us Contact Us Site Map

Go off plan in Prague

A combination of high rental demand and low prices makes Prague a fantastic spot for investment in overseas property.

With economic growth enhanced by EU membership and rental yields of around six to eight per cent available, the huge appeal of Prague for the tourism market makes it a more desirable investment destination than some of the other emerging markets in eastern Europe.

There is potential for rental income from both international and local markets - an recent increase in blue-chip investment has stimulated the economy and added to rental demand in the city, while the resultant rising wealth of the Czech people has enhanced their buying and renting power.

According to local real estate firms, foreign investment will also help living standards in Prague.

Speaking to the Prague Post, Milorad Miskovic, sales and marketing director for Real Estate Karlin Group, said: "We are seeing a new group of customers, those buying for investments. And foreigners continuing to buy in Prague is helping the luxury market."

With low-cost flights to Prague readily available, membership of the eurozone likely to be attained in the next few years and house prices rising by around 15 per cent annually, the profit potential of the Czech Republic is only likely to improve.

Related items

Documents and Reports

	Czech Republic property investment report (360Kb)
Documents and Reports

Recent articles

Czech real estate popular among British investors

Investors see potential in Czech Republic's retirees

Czech Republic gets its first low-energy housing project

Cost of borrowing increases in Czech Republic

Other related pages

Bookmark with:	What are these?
DeliciousDiggredditFacebookStumbleUpon