News
Czech mortgages getting more expensive
New financial regulations are being introduced in the Czech Republic on the 1st December 2016, for example, mortgage banks will no longer be able to charge…
Read moreWhat parameters to look for when buying a property in Prague for short term rentals
If you're considering buying a property in Prague with a view to rent it out on a short term basis, this article should assist you in…
Read moreHow tenant bills are handled in the Czech Republic
We're often asked by our foreign property management clients, who are not familiar with the Czech system, how the utility bills connected with their property are handled when…
Read moreRents are rising in the Czech Republic
Due to the large number of properties Sim Property manages we have quite accurate data of real rental trends through our online system, which give a…
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Czech motorway network grows in 2016
The Czech motorway network is expected to grow by 15.6 km in 2016 and a further 16 km in 2017. Eventually such improvements in the country's…
Read moreProperty prices in Prague increase 11% year-on-year
The average price of apartments in Prague and other regional towns in the Czech Republic increased by 11.1 percent year-on-year in the second quarter of 2016,…
Read moreCan foreigners buy property in the Czech Republic?
The simple answer is that anyone can buy property freely in the Czech Republic, no matter what your nationality. Previously there were various restrictions which meant…
Read moreChange of Czech property sales tax rules
It was recently announced that the government have finally signed into law the change of Czech property sales (transfer) tax rules. The result is the seller of…
Read moreCzech mortgages – LTV decreasing
New rules being introduced by the Czech National Bank mean that soon Czech banks will no longer be legally able to offer 100% LTV mortgages (the…
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Real estate agents must change their thinking
Simon Tweddle: „ Applicants for a job in the real estate industry need to understand, that it´s not just buy – sell. A agent should first…
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