Monthly mortgage payments 50 percent more expensive than rent in Czechia
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Despite mortgage rates falling and home ownership in Czechia becoming cheaper in recent months, renting still remains the firm favorite.
ASK AN EXPERT: What documents are required to rent an apartment in Czechia?
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The experts at Engel & Völkers Prague explain the paperwork and documentation required during the rental reservation and leasing process.
Czech real estate market expected to rebound in 2024, say experts
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Projections suggest a year-on-year increase in property investments of up to 15%, with retail and residential sectors expected to thrive.
From zoo to zámek, a new Troja development boasts some of the best views in Prague
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Residence Bella Vista is situated in the heart of one of the city’s most desirable and leafy districts.
An average Prague apartment will cost you 15 annual salaries, study shows
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Although apartments have become marginally cheaper to purchase, a serious lack of new buildings paired with high prices has caused sales to plummet.
ASK AN EXPERT: How to choose the right rental agency in Czechia
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With numerous rental agencies available in the Prague and the Czech Republic, it’s essential to navigate this terrain carefully.
Czech National Bank removes major hurdle in securing a mortgage
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An upcoming change will mean that, from 2024, people with higher levels of debt and lower incomes have a much higher chance of acquiring a mortgage.
Prague’s Pařížská once again crowned CEE’s most expensive shopping street
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The centrally located thoroughfare, which houses a wide range of luxury, high-end stores, is Europe’s 11th-most expensive street this year.
ASK AN EXPERT: Can Czech landlords reject my application because I'm a foreigner?
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We asked a real-estate law specialist from Engel & Völkers to outline the basic rights foreign renters in Czechia need to know.
Why buying fake proof of accommodation can land expats in hot water
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The dubious market for selling fake housing contracts, which is relatively large in Czechia, can lead to the cancellation of visas or financial penalties.
To rent or buy in Czechia? In a price-shifted market, it’s complicated
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Expert analysis reveals that even with the current mortgage rates, skyrocketing rents make buying a home more profitable.
Housing unavailability and student demand drive up rent prices across Czechia
Compared to spring, rent prices across saw changes ranging from a 4-percent decrease to a 17-percent increase, depending on apartment type.
Prague takes a stand against short-term Airbnb rentals in landmark court ruling
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Prague City Hall has forbidden the owner of a residential building on Jungmannova Street from renting out rooms on the platform.
Have a spare CZK 200 million? Twelfth-century historic Czech castle is up for sale
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Although valued at CZK 500 million, a castle in the Brno region, one of the biggest in Europe, is being offered for less to facilitate a speedier sale.
New survey: 80 percent of Czechs struggle to buy their own home
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High mortgage rates and increasing property prices have pushed a lot of prospective Czech homeowners out of the market, although optimism is slowly rising.
Before and after: See how innovative Czech design transformed Prague's Modřany district
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The LOXIA architectural and design office has given a former industrial area along the Vltava a new lease on life.
Who owns what? Mapy.cz adds new, easy-to-use cadastral feature
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Users will now be able to see ownership details of most land plots and properties in Czechia, simplifying the property-research processes.
