The availability of new and rental flats in Prague is still a problem

There are multiple factors influencing the offer of new flats on the market. In particular, they include low demand, high mortgage interests and still quite high prices of construction work and materials. The situation in rental housing is the exact opposite.

HOW DID THE REAL ESTATE MARKET PERFORM IN THE FIRST THREE MONTHS OF THIS YEAR?

In the first quarter, the real estate market saw a slight recovery. Increased demand went hand in hand with a moderate decrease in interest rates for mortgages. The number of mortgages provided in that period was the highest from last June, when the market became substantially slower.

Spektrum Home

We take care of the properties in our portfolio as if they were our own. That is one of the reasons why we have started working with Spektrum Home Television to prepare special support for selected properties for sale in Prague and its vicinity.

Spain, Croatia and Austria, or, the sea and the mountains. It is in these locations that the Czechs most frequently buy their investment properties.

Last year, the real estate market was largely influenced by three essential factors: the war in Ukraine, high inflation rate and worries about the development of the Czech crown’s exchange rate. That was what made investors consider more carefully what to invest in. The result is an increased interest of the Czechs in purchasing properties abroad.

Leading real estate companies of the world

Our real estate agency has become a member of the prestigious Leading Real Estate Companies of the World® (LeadingRE), which is home to the world’s first-rate independent real estate companies focused on premium properties.

THE DEADLINE FOR FILING YOUR REAL ESTATE TAX RETURN IS DRAWING NEAR

If you own a property, you must file your real estate tax return at the beginning of the year.

PROPERTY SCOUTING SAVES YOUR TIME AND EFFORT

There are so many properties on the market and you are looking for the right one. However, real estate websites and agencies offer an overwhelming number of properties. What can you do?

The International Montessori School of Prague (IMSP)

Learn more about the IMSP located in Prague 4 near the Westfiled Chodov shopping centre.

THINGS ARE EASIER IF WE UNDERSTAND EACH OTHER

Language has always been an essential communication tool. And because property sale and lease is about communication, it is necessary to be well versed in this respect.

Let professionals take care of your rental property management

Owning a property involves a lot of duties. But what if the property owner does not want to take that responsibility?