Czech Republic Guide: Property

Buying property isn't easy anywhere, but it gets even more complicated if you have to deal with an unknown property market and legal restrictions of a foreign country. Read our property guide to get a good start – and to avoid mistakes you might later regret.

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  The Czech property market

  A short introduction

  With the entry of the Czech Republic into the European Union (May 2004) all restrictions on buying real estate were lifted for EU citizens. However, buying real estate in the Czech Republic requires a well planned and guided approach as it contains both opportunities and pitfalls.

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  Legal conditions

  Who can buy property in the Czech Republic?

  Almost anybody can buy real estate in the Czech Republic. In many cases, you will have to register a limited liability company (S.R.O.. - společnost s ručením omezeným). EU nationals however can buy property in the Czech Republic without registering a company.

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  Research

  How to find your dream house in the Czech Republic

  If you have decided to buy a property in the Czech Republic there are many possible problems in your way. Thorough research is the key to a successful purchase.

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  Mortgages

  How to get a mortgage in the Czech Republic

  For foreigners it has become significantly easier to get a mortgage in the Czech Republic in recent years. Mortgages are not only offered by Czech banks but also by international institutions operating in the Czech Republic.

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  Property purchase

  How to handle the purchase process

  From the first offer to the final contract there are many steps involved in the process of buying property in the Czech Republic. This article gives you a short outline of the purchase process and what to watch out for.

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  Running costs

  Local taxes, insurance, utilities

  The purchase price and mortgage conditions are not the only things to bear in mind when calculating the affordability of a property. Here are some of the additional costs you are facing when buying a house or flat in the Czech Republic.

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