How expensive are utilities in Karlovy Vary?

On average, apartment maintenance in the Czech Republic costs €100-200 per month. However, in Karlovy Vary it can reach €275, depending on the number of people living in the apartment, property type, and size.

Can foreigners get a residence permit by buying real estate in Karlovy Vary?

The same rules apply for Karlovy Vary as the rest of the country regarding residency through property purchase.

Do investors need to pay taxes and fees if buying property in Karlovy Vary?

It is necessary to pay property registration fees of 0.01–0.02% of its value, while the agency commission is 2-5%. Legal support totals about 1% plus 21% VAT.

What are the average yields of commercial real estate in Karlovy Vary?

Residential long-term yields are about 5%, while short-term rental yields are 8-9%. For example, the expected yield of a three-star health (balneological) spa hotel with 45 rooms is 8%.

Why is Karlovy Vary real estate attractive for investors?

Karlovy Vary is located near many tourist spots and therefore more likely to attract tenants. Due to its popularity as a spa resort, holiday homes, accommodation, and rental property for tourists are the leading real estate segments. Property prices are also relatively low.

What are residential property prices like in Karlovy Vary?

An apartment with 40-50m² of floor space in Karlovy Vary costs at least €120,000. Apartment prices range from €900-1,300/m². Detached houses in Karlovy Vary cost from €1,250-1,600/m². Prices depend on the condition of the property, location, size and among other things.

How much does location affect real estate prices in Karlovy Vary?

Property prices on the outskirts of town are lower compared to the historic centre. More spacious apartments located closer to landmarks and spas are usually available from €120,000. Spacious houses in central Karlovy Vary are just as expensive as in Prague.

Commercial Property for Sale in Karlovy Vary from 4,000,000 €

Sort by:

Price

Yield

Abs. return

Area

Year of construction

Hotel 1,425 m² in Karlovy Vary

4,000,000 €

Yield

—

Abs. return

—

Area

1,425 m²

Year of construction

—

Hotel 30,526 m² in Karlovy Vary

Price on request

Yield

—

Abs. return

6,796,000 €

Area

30,526 m²

Year of construction

—

Hotel 7,146 m² in Karlovy Vary

Price on request

Yield

—

Abs. return

8,368,000 €

Area

7,146 m²

Year of construction

1900

Similar facilities nearby

Price

Yield

Abs. return

Area

Year of construction

Shop 600 m² in Saxony

1,600,000 €

Yield

4.74%

Abs. return

75,504 €

Area

600 m²

Year of construction

2024

Shop 1,000 m² in Saxony-Anhalt

954,000 €

Yield

5.66%

Abs. return

53,972 €

Area

1,000 m²

Year of construction

1996

Supermarket 2,650 m² in Bavaria

4,960,000 €

Yield

—

Abs. return

332,856 €

Area

2,650 m²

Year of construction

2008

Supermarket 3,750 m² in Saxony-Anhalt

2,670,000 €

Yield

8.5%

Abs. return

226,925 €

Area

3,750 m²

Year of construction

1991

Supermarket 1,000 m² in Bavaria

1,150,000 €

Yield

9.39%

Abs. return

108,000 €

Area

1,000 m²

Year of construction

2005

Office 1,000 m² in Lower Saxony

690,000 €

Yield

—

Abs. return

—

Area

1,000 m²

Year of construction

2002

Hotel 3,600 m² in Stuttgart

5,500,000 €

Yield

—

Abs. return

—

Area

3,600 m²

Year of construction

1990

Supermarket 1,200 m² in Treptow-Köpenick

5,200,000 €

Yield

3.4%

Abs. return

176,647 €

Area

1,200 m²

Year of construction

2010

Supermarket 1,100 m² in Treptow-Köpenick

4,600,000 €

Yield

3.7%

Abs. return

170,613 €

Area

1,100 m²

Year of construction

2011

Supermarket 1,300 m² in Bavaria

2,250,000 €

Yield

5.55%

Abs. return

124,990 €

Area

1,300 m²

Year of construction

2010

Supermarket 4,800 m² in Brandenburg

3,500,000 €

Yield

7.65%

Abs. return

267,651 €

Area

4,800 m²

Year of construction

2000

Supermarket 800 m² in Bavaria

1,050,000 €

Yield

9.0%

Abs. return

95,364 €

Area

800 m²

Year of construction

1999

Supermarket 1,300 m² in Saxony-Anhalt

1,250,000 €

Yield

7.9%

Abs. return

98,735 €

Area

1,300 m²

Year of construction

1996

Supermarket 1,700 m² in Bavaria

2,080,000 €

Yield

7.28%

Abs. return

151,387 €

Area

1,700 m²

Year of construction

2002

Supermarket 1,100 m² in Bavaria

3,857,000 €

Yield

6.45%

Abs. return

248,820 €

Area

1,100 m²

Year of construction

1968

Supermarket 1,300 m² in Bavaria

2,400,000 €

Yield

—

Abs. return

—

Area

1,300 m²

Year of construction

2016

Business centre in Bavaria

6,500,000 €

Yield

—

Abs. return

—

Area

—

Year of construction

—

Office building 650 m² in Bavaria

1,495,000 €

Yield

4.31%

Abs. return

64,500 €

Area

650 m²

Year of construction

—

Shop 650 m² in Bavaria

1,495,000 €

Yield

4.3%

Abs. return

64,500 €

Area

650 m²

Year of construction

1990

Office 130 m² in Munich

960,000 €

Yield

3.75%

Abs. return

36,000 €

Area

130 m²

Year of construction

2023

Investment land in Bavaria

6,500,000 €

Yield

3.8%

Abs. return

250,000 €

Area

—

Year of construction

—

Supermarket 1,500 m² in North Rhine-Westphalia

2,800,000 €

Yield

5.9%

Abs. return

165,606 €

Area

1,500 m²

Year of construction

2017

Shop 1,400 m² in Lower Saxony

942,000 €

Yield

5.69%

Abs. return

53,591 €

Area

1,400 m²

Year of construction

2001

Supermarket 1,000 m² in Bavaria

6,500,000 €

Yield

4.15%

Abs. return

270,000 €

Area

1,000 m²

Year of construction

—

Supermarket 1,300 m² in Bavaria

2,100,000 €

Yield

5.55%

Abs. return

116,200 €

Area

1,300 m²

Year of construction

—

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Commercial property for sale in Karlovy Vary