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, Buy Commercial Real Estate from 300,000 €

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Price

Yield

Abs. return

Area

Year of construction

Spa hotel in Karlovy Vary, Czech Republic

Price on request

Yield

—

Abs. return

8,368,000 €

Area

7,146 m²

Year of construction

1900

Hotel in the spa area of Karlovy Vary, Czech Republic

Price on request

Yield

—

Abs. return

6,796,000 €

Area

30,526 m²

Year of construction

—

Similar facilities nearby

Price

Yield

Abs. return

Area

Year of construction

Apartment package with a guaranteed yield of 3.9% in a residential complex under construction in Berlin, Germany

1,593,000 €

Yield

3.9%

Abs. return

—

Area

245 m²

Year of construction

2024

Chain supermarket in Nuremberg, Bavaria, Germany

4,850,000 €

Yield

4.3%

Abs. return

210,000 €

Area

—

Year of construction

—

Apartment package with a guaranteed yield of 3.9% in a residential complex under construction in Berlin, Germany

546,000 €

Yield

3.9%

Abs. return

—

Area

84 m²

Year of construction

2024

Supermarket with a well-known chain tenant, Bavaria, Germany

987,000 €

Yield

6.9%

Abs. return

69,000 €

Area

—

Year of construction

2003

Buy-to-let apartment package with a yield of 3% in Munich, Bavaria, Germany

542,000 €

Yield

3.0%

Abs. return

16,000 €

Area

49 m²

Year of construction

2022

Apartment package with a guaranteed yield of 3.9% in a residential complex under construction in Berlin, Germany

3,900,000 €

Yield

3.9%

Abs. return

—

Area

600 m²

Year of construction

2024

Medical Center in Bavaria, Germany

7,500,000 €

Yield

5.2%

Abs. return

390,000 €

Area

4,200 m²

Year of construction

—

Hotel in the suburbs of Salzburg, Austria

37,500,000 €

Yield

4.5%

Abs. return

1,690,000 €

Area

11,000 m²

Year of construction

2022

Commercial space in a new residential complex, Berlin, Germany

462,000 €

Yield

—

Abs. return

—

Area

—

Year of construction

2024

Chain supermarket, Bavaria, Germany

2,050,000 €

Yield

5.6%

Abs. return

115,000 €

Area

—

Year of construction

2019

Chain hypermarket with long-term lease, Salzburg, Austria

4,230,000 €

Yield

5.7%

Abs. return

243,000 €

Area

3,627 m²

Year of construction

1989

New chain supermarket, Bavaria, Germany

4,000,000 €

Yield

4.0%

Abs. return

160,000 €

Area

—

Year of construction

2022

Apartment package with a guaranteed yield of 3.9% in a residential complex under construction in Berlin, Germany

1,190,000 €

Yield

3.9%

Abs. return

—

Area

183 m²

Year of construction

2024

Apartment package with a guaranteed yield of 3.9% in a residential complex under construction in Berlin, Germany

695,000 €

Yield

3.9%

Abs. return

—

Area

107 m²

Year of construction

2024

Building material store with a tenant, Bavaria, Germany

1,167,000 €

Yield

4.4%

Abs. return

51,500 €

Area

1,250 m²

Year of construction

2000

Package of apartments for rent in the city center, Berlin, Germany

5,800,000 €

Yield

—

Abs. return

—

Area

652 m²

Year of construction

2018

Apartment building under construction in the center of Berlin, Germany

8,262,000 €

Yield

—

Abs. return

—

Area

972 m²

Year of construction

2020

Two apartment buildings in the center of Berlin, Germany

20,700,000 €

Yield

—

Abs. return

—

Area

2,431 m²

Year of construction

2020

Apartment building, Leipzig, Germany

4,650,000 €

Yield

3.5%

Abs. return

164,960 €

Area

1,981 m²

Year of construction

1996

Commercial center, Lower Saxony, Germany

5,750,000 €

Yield

7.1%

Abs. return

405,158 €

Area

3,974 m²

Year of construction

2005

Shopping center in the center of Leipzig, Germany

26,000,000 €

Yield

6.4%

Abs. return

1,665,368 €

Area

23,385 m²

Year of construction

1992

Shopping center, Saxony, Germany

24,000,000 €

Yield

5.8%

Abs. return

1,402,521 €

Area

24,485 m²

Year of construction

1892

Shopping Center, Mecklenburg-Vorpommern, Germany

20,000,000 €

Yield

6.1%

Abs. return

1,230,383 €

Area

17,122 m²

Year of construction

1996

Buy-to-let apartment package with a yield of 3.1% in Munich, Bavaria, Germany

1,227,000 €

Yield

3.1%

Abs. return

38,000 €

Area

114 m²

Year of construction

2022

Buy-to-let apartment package with a yield of 3.1% in Munich, Bavaria, Germany

1,536,000 €

Yield

3.1%

Abs. return

48,000 €

Area

147 m²

Year of construction

2022

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Commercial property for sale in Karlovy Vary

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