Summary of the Residential Real Estate Market in the Czech Republic in 2024 and the Outlook for 2025
Housing Price Trends from 2021 to 2024 The Czech real estate market reached its peak at the end of 2021 after several years of sharp increases. Between 2018 and 2021, apartment pri
New Apartment or Renovating an Old One? How to Make the Right Choice in the Czech Real Estate Market
Real estate prices continue to rise, and the dream of owning a home—especially in Prague—is becoming increasingly out of reach for more and more people. Prospective buyers ofte
Sales of New Apartments in Prague Nearly Doubled Over 2024, Prices Rose by 7%
There was massive demand for new apartments in Prague throughout last year. A total of approximately 7,200 apartments were sold in the capital in 2024, an 80% year-on-year increase
TAXATION FOR ISRAELI INVESTORS IN THE CZECH REPUBLIC
As of 2003, Israel’s territorial tax system was replaced by a personal tax system. WHAT IS THE SIGNIFICANCE OF THE TRANSITION TO THE PERSONAL TAX SYSTEM? As of 2003, Israeli
Early 2024 – Is the Real Estate Rally in the Czech Republic Beginning?
On December 22, 2023, the Czech National Bank announced a 0.25% reduction in the national interest rate, effective immediately. This marks the first interest rate cut by the Czech
PRICES OF APARTMENTS IN PRAGUE
Prague, the capital of the Czech Republic, is a three to four hours flight away from Israel. Prague is one of the most popular tourist cities in the world and magnificent att
Changes in VAT Rates in the Czech Republic Starting in 2024, Including Real Estate Implications
Czech President Petr Pavel has signed an updated package of the government’s economic measures as part of a recovery plan. This package includes changes compared to the origi
Czechia emerges as Israel’s best friend – even in times of war
Everyone thinks the U.S. is Israel’s best friend, but unfortunately, they’re mistaken. The real ally that has stood by Israel for years is a completely different country: Czech
Managing a Property Abroad Remotely – A True Story from Prague
When Eithan Mizrahi (a pseudonym) from Haifa bought a three-bedroom apartment in Prague 2, he was thrilled. Sure, Eithan was missing a few things: the ability to speak, write, or r
