You have probably heard that as of May 2016 a newregulation has come into effect that prohibits the residents of Berlin from renting apartments to tourists via various internet services such as 9Flats, Wimdu, and the well known Airbnb. What does this actually mean and what does it have to do with the Czech Republic? TO ANSWER THIS QUESTION YOU …
The city of Pilsen is divided into ten urban zones – 10 different quarters. Each of them has its own unique history, composition of residents and distinct characteristics unlike any you might find elsewhere in the Czech Republic. Pilzen is the fourth largest city in the Czech Republic and a little over 180,000 people reside …
THE DIFFERENT DISTRICTS OF PILSEN – CHARACTERISTICS AND ATMOSPHERE Read More…
The Czech Republic and Israel share nearly 30 years of Diplomatic Commercial and Tourism Relations. Furthermore, the State of Israel views the Czech Republic as one of its closest friends. Those were the words of the Israeli Ambassador in the Czech Republic, Daniel Meron, in an interview to the Czech Newspaper Prague Daily Monitor. The President …
In our previous article about Airbnb we revealed a well-known secret to you: renting out apartments via Airbnb results in a higher return in investment than purchasing apartments for long term rentals. In Prague renting out assets to serve Airbnb is considered very popular for two reasons: But with the increased demand also comes increased competition. Therefore, …
WHAT SHOULD YOU TAKE INTO ACCOUNT WHEN PURCHASING AN AIRBNB APARTMENT IN PRAGUE? Read More…
THE CURRENT SITUATION OF THE RESIDENTIAL REAL ESTATE MARKET IN THE CZECH REPUBLIC AND SLOVAKIA – WHAT ARE THE RISKS? The excellent economic performance of the Czech economy has resulted in high demand for residential real estate assets and prices are accordingly on the rise. In contrast to Slovakia, where this trend is country wide, in the …
DOES THE CZECH REPUBLIC HAVE A REAL ESTATE BUBBLE? Read More…
Those following our site know that in most cases our predictions turn out to be accurate. This is not because we have been blessed with the gift of prophecy, but primarily because of our excellent familiarity with the Czech market and our extensive experience of many years in the country. Today, after several years of in …
THIS IS WHY APARTMENT PRICES IN PRAGUE WILL CONTINUE TO RISE OVER THE YEARS TO COME Read More…
THE PLZEŇ (PILSEN) PROVINCE IN THE CZECH REPUBLIC The Plzeň Province borders Germany to the west and is famous thanks to the Plzeň beer manufactured in it. The province includes 7 regions: Domažlice, Klatovy ,Plzeň-město Plzeň-jih, Plzeň-sever, Rokycany, and the Tachov region. The Plzeň province is renowned as the leading industrial zone in the Czech …
PLZEŇ – AN EXCELLENT SITE FOR INVESTMENT IN CZECH REAL ESTATE Read More…
Many Czechs spend their weekends and vacations in village cottages and in vacation homes, which are considered an inseparable part of life in the Czech Republic. Nonetheless, those who seek relaxation from the din of the great cities must now invest far more efforts than was previously the case. In fact, the rise in apartment …
PRIVATE HOME PRICES IN THE CZECH REPUBLIC ARE ON THE RISE Read More…
In early October 2018 new regulations will come into play in regard to mortgages in the Czech Republic. The Central Czech Bank published an official announcement that the purposes of these regulations is twofold: preventing the generation of a real estate bubble and preventing the development of future problems in the financial system that might …
While it is true that the unemployment rate in the Czech Republic has slightly risen in July due to seasonal fluctuations, the labor market is still thriving, and the number of available positions is at an historical all time high. This rise derives from various seasonal factors that recur every year, such as low recruitment during the …
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