How Should You Communicate With Your Tenants in Prague?
Just a generation ago, the only way to contact tenants was by phone – a landline, of course. Another option was knocking on their door. In any case, “Sorry, I wasn’t
FLAT OWNERS’ ASSOCIATION (SVJ) FEES – WHO PAYS WHAT?
According to Czech law, every building is obliged to establish a legal entity that is in charge of the financial management of the owners’ committee. In Czech this is called
Property Owner in Czechia? These Are Your Options If the Tenant Fails to Pay Rent
Let’s start with the good news. You can take some comfort in knowing this is a very common issue. At any given time, about 20% of landlords deal with tenants who fail to pay rent
In 2022, around 20 million tourists entered Czechia – 71% more than in 2021!
The Czech Ministry of Tourism reveals that 19.5 million tourists visited Czechia in 2022 – an increase of over 70% compared to the previous year. Despite this growth, the total n
Czech Property Management Company Promised You Rental Income? Here’s How to Avoid the Trap
If you search on Google or Facebook for the term “property management in the Czech Republic“, you’ll likely come across countless ads from property management compani
ŠKODA – THE CZECH BICYCLE THAT REACHED THIRD PLACE IN THE WORLD CAR INDUSTRY
The Czech Republic is still renowned for its well-developed industry and there is a much knowledge there related to heavy machinery production, metal working and a high level
How to Understand Real Estate Laws in Prague and Europe
Investing in real estate in a foreign country can be both exciting and daunting. While the idea of owning property in an exotic location can be appealing, navigating the legal comp
Problematic Tenants Moved Into Your Property in Prague? Here Are Some Tips to Help You Deal With Them
Unfortunately, the following scenario is not far from reality. Without any prior notice, your tenants storm in angrily and complain about the neighbor’s baby who won’t stop
THE CZECH REPUBLIC – BACKGROUND AND OVERVIEW
In our global world, businessmen active in a large number of countries must be aware of historical as well as contemporary processes occurring in these countries. The reasons are m
