NEW BUILDS IN PLZEN
City on the map
Pilsen is a city in the Czech Republic, located at the junction of four rivers (Radbuza, Mzhe, Uslav and Uhlava).
Why is it profitable to buy an apartment in a new build?
A significant increase in foreign investment in the city's economy has continued since the late nineties. Today the city accounts for about two-thirds of the GDP in its region. The largest brewery is located in Pilsen, world-famous foreign companies have settled here, including Panasonic and Daikin.
Education in Pilsen is at a high level. There are two universities in the city.
The transport system is quite developed: one international airport is located only 71 km from the city center, the second one also serves international and local flights; the distance from the center is 90 km. Trams, trolleybuses, buses and taxis run around the city.
The climate is temperate oceanic: winters are quite cold (the lowest temperature is minus 20°C), summers are hot (+30°C and even higher). However, the influence of the Atlantic brings cool and rainy periods.
After the accession of the Czech Republic to the EU, the state of the economy is gradually improving. The Czech Republic is becoming attractive to migrants, the demand for real estate in Plzen in new builds for sale is quite high, as in other cities of the country. Prices in the primary and secondary markets are constantly increasing. The number of new builds for sale is growing, real estate is being actively purchased. At the same time, renting an apartment in Pilsen is much cheaper than in Prague.
Multi-storey residential complexes in Plzen consist of apartments of different classes (from economy to elite), the sale of apartments from developers is carried out, as a rule, on a turnkey basis. Renovation in new homes meets the standards. Feedback from home buyers confirms the good quality of the facilities being built. New homes for sale in Pilsen from the developers are delivered on time and are completed using the latest technologies.
By the standards of the EU and the Czech real estate market, it is possible to buy an apartment from a developer in Plzen at a not very expensive cost. The lowest price for one square meter of area in a turnkey condition (according to information from the GEOLN.COM search engine) is $2,240.
Buying apartments in Pilsen from a developer by foreign citizens
The Czech government is interested in investments in the real estate sector and is taking vigorous measures to attract them. This also applies to foreign investment. There are no restrictions on the purchase of apartments by foreigners.
Interesting places to visit
- the gothic cathedral of St. Bartholomew;
- Renaissance town hall;
- the Dominican monastery and the Church of St. Anne (now there is a library);
- the theater named after J.K. Tyla;
- historical dungeon;
- West Bohemian Museum;
- Toy railway;
- zoo and "Dinopark";
- Vodaren tower;
- planetarium and interactive science museum;
- Botanical Garden;
- Museum of West Bohemia (ethnographic);
- brewery museum
and much more.
Purchasing an apartment in a new develoment in Plzen is an opportunity to live, work, study in one of the richest cities in the Czech Republic, receive a stable passive income from an investment project (rent, resale), taking into account the constantly growing prices and high demand.