THE HOLEŠOVICE NEIGHBORHOOD IN PRAGUE IS ONE OF THE 23 TRENDIEST NEIGHBORHOODS IN EUROPE
If you ask Prague residents what is the best residential neighborhood in Prague you will no doubt receive a wide variety of answers. However, the discount travel site and two l
CZECH TAXATION OF REVENUES FROM PROPERTY RENTAL
In the Czech Republic, revenues from long-term rental of properties are taxable. Both foreign (non-Czech) property owners and Czech residents are subject to this tax under these tw
In 2020, the demand for new apartments in Prague exceeds the supply.
The demand for new apartments in Prague is expected to increase by 3.4% in 2020 compared to 2019, but the number of available properties will grow by only 1.4% – according to a s
A Look Back at 2019: How Did the Czech Economy Perform?
The year 2019 was generally a good one for the Czech Republic, but there is still room for improvement. The Czech economy grew at a healthy pace in 2019, the country had the lowest
A new trend in Prague’s real estate market – co-living
The rise in rental prices in Prague has led developers to a new idea – co-living in attractive locations. In these accommodations, tenants have their own rooms but share common a
Hotel owners in Prague’s Old Town are struggling to compete with Airbnb
Shared accommodation platforms such as Airbnb are taking an increasing share of Prague’s tourism sector. Hotel owners in the city are trying to respond to this trend through new
November 2019: New Apartment Prices in Prague Continue to Rise
A study by the international economic consulting firm Deloitte showed that the prices of new apartments in Prague continue to rise. In August 2019, the prices of new apartments in
The Rise in Property Prices in Czechia Is Driving Up Rental Prices
The sharp rise in apartment prices in major Czech cities in recent years (combined with stricter mortgage eligibility conditions) has led more people to rent rather than buy. A stu
Finding a Tenant for a Real Estate Property or Apartment in the Czech Republic – Do’s and Don’ts
How to Find the Ideal Tenants for Your Property in the Czech Republic? An ideal tenant is someone who pays rent properly and on time, treats the property with care, and does not en
