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Member: #2928
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| Hello.
Yes, there are still restrictions even though Cz is now in the EU. The restrictions last for either 3 or 5 years from May 2004.
The ways around it are (1) set up the company, as you've said; or (2) marry a Czech and buy it jointly!
I did the latter so can't help much on method (1).
As for bartering over the prices, yes absolutely. You'll normally find that the agent selling the property is asking a lot more than the owner has requested. So there's always room for haggling. The best weapon to use with the agents is simply walking away!!
Try not to buy from a developer as you pay a lot more that way. You can easily buy something scruffy and have a builder do work for you. It ends up better and cheaper.
Do you know which part of Prague you're looking at?
MM |
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Member: #2928
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| Oh, I nearly forgot the most important bit of advice... ...use a good lawyer!!!
NEVER EVER EVER sign something direct with an agent.
And always make all payments through a good notary - and insist that the notary is one known to and trusted by your lawyer.
Else you WILL be sorry!!
:-)
MM |
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| Music Man:
You mentioned the restrictions on buying property will expire in 3 or 5 years--do you know any more than that? Will this mean that no-residents will be able to buy property then? Any insight is greatly appreciated. Thanks. |
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| Since June 2004 citizens of EU countries can buy Czech real estate property after they register as Czech residents. |
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Quote: | Originally Posted by miroslav Since June 2004 citizens of EU countries can buy Czech real estate property after they register as Czech residents. |
Can I know your telep.number or email . Pls contact me : 776587017 or at fish.r@seznam.cz |
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