Пражский град

Prague real estate for sale

Prague is one of the most attractive cities in Europe. Its historical centre has been preserved in its entirety, not just single historical monuments or tourist attractions. The layout of its streets follows the planning of the 14th century imperial plan when most of Prague 1 has originated. Prague does not havel wide boulewards like Paris of Vienna. However it has its cosy atmosphere, hundreds of picturesque corners with very little interference of inorganic elements.

If you are looking for property that is somewhat special, Prague has a lot to offer. Very attractive are apartments in the renaissance and baroque houses in Mala Strana below the Castle and in the Old Town. Mala strana is very picturesque with ist water canals and many parks and gardens. The area around the Old Town Square on the other hand lives 24 hours a day. With its luxury shops, restaurants, clubs and historical monuments it is very attractive to live in.

Those wishing to live in fashionable villa quarters with a touch of prewar elegance and lifestyle are well advised to look in places like Bubenec or Orechovka diplomatic quarters or e.g. in Hanspaulka, southern slopes of Strahov or around the other Prague castle Vysehrad. Those prefering living in comfortable new houses very often choose places like Nebusice where foreigners prevail over the local inhabitants. Among other because of the international college, but also because of the Sarka park.

On our website you can find quite representative sample of apartments on offer, family houses, villas and other residential properties. You can also find here real estate of the commercial character like hotels, apartment blocs and office buildings. We offer property mainly in Prague, but you can find on our site also properties in west Bohemian spas and other places.



Apartments in Prague, Mala Strana
five star hotel in Prague 1

Rules governing purchase of Czech real estate by foreigners

Up till recently non EU nationals had to buy Czech real estate using Czech registered company. EU nationals had to register their permanent address in the Czech republic. But since May 2009 all foreigners, including non EU nationals, can buy real estate in Czechia in their own name. It is no longer necessary to form Czech company for this purpose. Exceptions from this new rule however still exist. They concern agricultural land and forests. Czech Republic has been granted an exception from the EU rules regarding agriculture and forests.



Taxation of Czech Real Estate

Property Transfer Tax: a transfer tax of 3% has to be paid by the seller from the sale price of the real estate. VAT: Commercial tenants are charged 20% VAT on the rent and fixtures. VAT on property sales: Newly constructed residential sales are subject to VAT at the level of 10% of the sales price. Newly constructed commercial real estate sales are subject to VAT of 20% of the sales price. As the rules and rates keep changing, please contact us about your concrete situation. Also see articles on this page about tax rates with international comparisons



Immigration to Czech Republic

Citizens of EU just should register with the local autorities if they wish to reside permanently in the Czech Republic. Citizens of countries outside EU wishing to immigrate into the Czech Republic should consult us concerning their individual situation. The immigration and visa practice differ significantly for various regions of the world. These rules also keep changing in time. For citizens of some non EU countries it is relatively easy to obtain long term visa or work permit, for some others it may be next to impossible. In most cases we can help you with business immigration based on a registration of Czech company.



Education in Czech Republic

Czech education system is well developed and it is nearly free of charge, even for foreigners, providing they study in Czech language. This is true for state Universities, private schools charge tuition. We can help you with Czech language courses and with admission to Czech Universities. We can also arrange student visa for you, where necessary.