Houses in Czech Republic

The Czech Republic, one of the most respectable Eastern European countries, attracts Ukrainian investors with its unique combination of culture, economy, lifestyle and largely similar language and traditions.

Today, the prospect of buying a house in the Czech Republic is a profitable investment for Ukrainian buyers for a number of reasons:

• Similar mentality, traditions and language.
• Low crime rate: the Czech Republic is in the TOP-15 most peaceful countries in the world.
• Excellent economic potential, including for Ukrainians.
• Culture and nature: Czech architectural monuments, nature reserves, small and cozy towns and villages, a combination of mountains, forests, rivers and lakes - this is excellent potential for tourism business and family living.

With GEOLN.COM you can choose from the best offers for sale of houses in the Czech Republic directly from the owners and find an investment property for your budget and plans.

Advantages of buying a house in the Czech Republic

A private house in the Czech Republic is a good investment for a number of reasons:

• Depending on the region of the country and the size of the property, you can buy a house in the Czech Republic inexpensively, and the calm and quiet way of life is often ideal for families with children, elderly couples, and people who prefer a measured life outside the city.
• Based on the constantly growing demand for rental housing in the Czech Republic, especially in regional centers and the capital, Prague, houses in the Czech Republic are a potential source of passive income, because they can be profitably rented out with a yield of 10-15% per year.
• The tourist attractiveness of the Czech Republic also plays in favor of buying a private house, because on its basis you can start your own business in the field of "green tourism".

The state policy also works in favor of buying this type of housing: the Czech Republic offers mortgage programs for foreign citizens for the purchase of real estate for a legal entity or for individuals. And with the introduction of fines for early repayment of mortgages in 2024, you will be able to repay the loan in advance without additional risks.

How to profitably invest in houses in the Czech Republic?

A profitable investment in houses in the Czech Republic begins with determining the purpose of the purchase. If you are planning to buy a private house in the Czech Republic for your own residence, it is important to consider the employment sector and transport infrastructure. When buying a house for rent - popularity and demand among tenants.

In addition, it is important to consider that the house market in the Czech Republic is mostly a secondary market, that is, in addition to the current price, you need to include the costs of repairs and modernization.

House prices in the Czech Republic

If you are interested in how much a house costs in the Czech Republic, the average cost of housing in the Czech Republic according to Sreality.cz is:

• 4975 euros per sq. m. - in Prague
• 4371 euros per sq. m. - in Brno
• 2125 euros per sq. m. — in Ostrava
• 2665 euros per sq.m. — in Liberec
• 3391 euros per sq.m. — in Hradec Kralove

What influences the prices of houses for sale in the Czech Republic

The main factors that determine the price are:

• Location of the property: naturally, the most expensive are private houses in Prague (especially the districts of Prague 4, Prague 5 and Prague 6), spa towns (Karlovy Vary, Marianske Lazne), the cheapest houses are in the Ústí and Moravian-Silesian regions.
• The size and number of rooms, the presence of a land plot included in the price of the transaction.
• The age and condition of the house: you can buy a house in the secondary market in the Czech Republic inexpensively even in the capital and its environs, if it requires repairs or a complete rebuild, but new villas and mansions will be much more expensive.

How to buy a house in the Czech Republic with GEOLN.COM

To conclude a profitable and safe purchase and sale transaction, it is worth seeking help from professionals who know the real estate market of the Czech Republic well. The help of a realtor who will conduct a search according to your criteria, select the best offers for the sale of houses in the Czech Republic for you, provide real high-quality photos, and will be able to negotiate with the owner so that the selected property will cost you cheap, will be invaluable. And the services of a lawyer to comply with all the conditions and the exact compliance of the transaction with the requirements of Czech legislation will protect you from risks and help you buy a house in the shortest possible time.