THE VALUE OF APARTMENTS IN PRAGUE HAS RISEN ON THE AVERAGE BY 68% IN THE PAST FIVE YEARS
Purchasing an apartment for investment purposes in Prague is turning out to be a very wise investment indeed. Apartment owners in Prague have profited more than investors
THE CZECH KORUNA IS THE MOST RAPIDLY APPRECIATING CURRENCY IN 2017
The Czech Koruna, together with the Polish Zloty, are the most rapidly appreciating currencies in the world for the year 2017. The Dollar exchange rate, on the other hand, has drop
DEMAND FOR WORKERS IN THE CZECH REPUBLIC IS AT A RECORD HIGH
The Czech Republic continues to enjoy the lowest unemployment rate in the European Union. According to the data of the Central Bureau of Statistics in the Czech Republic, in Novemb
LEASE RATES OF OFFICE SPACE IN THE CZECH REPUBLIC ARE AMONGST THE LOWEST IN THE WORLD
Analysis of the results of the annual poll of the Cushman & Wakefield’s Company, which inspected 215 cities in 58 states results in the conclusion that Prague offers a r
The Current State of Islam and Muslims in the Czech Republic
Estimates suggest there are between 5,000 and 20,000 Muslims in the Czech Republic (as of November 2017), making up 0.2% of the population. However, recent hate crimes and rising I
THE HIGHEST LEASE RATES IN THE CZECH REPUBLIC ARE IN PRAGUE AND PILSEN
According to the poll of the Trigema company, the areas with the highest rents in the Czech Republic are in Prague. The lower rental fees are in the Usti and Labem region and the d
NEW APARTMENT PRICES IN PRAGUE CONTINUE TO RISE (2017)
The prices of new apartments in Prague are not projected to drop in the upcoming years and as of the second half of 2017, the average price per square meter is around 75,791 C
THE CITY COUNCIL OF PRAGUE HAS LAUNCHED NEW INFORMATION SITES FOR SHORT TERM APARTMENT RENTERS AND TOURIST ORIENTED APARTMENT OWNERS.
The city council of Prague has launched two new online sites (shared-accommodation.praha.eu and sdileneubytovani.praha.eu) for investors renting out apartments for touris
ALL YOU NEED TO KNOW ABOUT REAL ESTATE TAX IN CZECH REPUBLIC
Owners of any piece of privately-owned real estate in Czech Republic have duty to pay every year real estate tax. This property tax has one major difference from other types of tax
