Can foreigners get a mortgage in the Czech Republic?

Foreigners can get mortgage loans for buying both commissioned real estate and property under construction, and can also refinance existing mortgages in the country. Unfortunately, the lending terms for non-EU citizens have become tougher. We recommend that non-residents only rely on their own funds.

How expensive are utilities in the Czech Republic?

On average, apartment maintenance in the Czech Republic costs €100-200 per month, depending on the number of people living in the residence, property type, and size.

Can foreigners obtain a Czech residence permit by buying real estate?

Buying property in the Czech Republic is not enough to be granted a residence permit , but owning or renting accommodation is one of several requirements that must be met before residency is considered.

Can non-EU citizens get Czech citizenship through buying real estate?

It is possible to apply for Czech citizenship five years after being granted residency. Buying property in the Czech Republic on its own is not enough to be granted citizenship, but owning or renting accommodation is one of several requirements that must be met before it is considered.

What is the procedure for buying property in the Czech Republic?

After choosing a property, investors need to open an account with a Czech bank, sign a reservation agreement, and carry out a property due diligence. The parties then sign a sales agreement and the documents are forwarded to the Land Registry. Thirty days later, the new property owner should receive the title deed.

Can foreigners lease residential real estate in the Czech Republic? How much can they expect to earn?

Yes, they can. Apartments in central Prague generally yield 4-5%. Real estate outside the capital’s centre and in more provincial towns can generate higher yields. Tranio offers Czech residential real estate investments with a net income of 5% per annum (after utility payments and personal tax).

Are there property taxes in the Czech Republic? How much is real estate transfer tax?

Transfer tax in the Czech Republic is 4%. VAT when buying a new build is 21%. Property registration fees equate to between 0.01-0.02% of the property value. Annual property tax in the Czech Republic ranges from €25-50 per annum.

Can foreigners buy property in the Czech Republic?

There are no property restrictions for non-residents, giving potential investors – both individuals and companies – a wealth of options when it comes to buying real estate: residential and commercial property , land and forests.

Is buying real estate in the Czech Republic worth it?

Residential real estate investments are generally profitable because of favourable economic indicators, stable rental demand, low prices per square metre in comparison to other countries, and the possibility of selling residential property at a profit. The average annual investment yield is 5%.

What are residential property prices like in the Czech Republic?

Apartments in Prague cost €1,500-3,700/m². In other regions of the country prices range from €850-2,000/m², and for detached houses €450-800/m².

Can property buyers receive education for free in the Czech Republic?

Purchasing a property does not guarantee free education . To enter university, immigrants need to verify their school leaving certificates and pass a Czech language test.

4 New Buildings in the Czech Republic for Sale from 139,000€

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3-bedrooms apartments in new building 917 m² in Cesky Krumlov, Czech Republic for 640,000 €

3-bedrooms apartments in new building 917 m² in Cesky Krumlov, Czech Republic

640,000 €

Total area 917 m²Land area: 240 m²1 bedroom1 bathroom

Stylish two-bedroom apartment with a terrace and two parking lots in a popular district Prague 3, Prague, Czech Republic for 496,000 €

Furnished

Stylish two-bedroom apartment with a terrace and two parking lots in a popular district Prague 3, Prague, Czech Republic

496,000 €

Total area 103 m²2 bedrooms2 bathrooms

3% discount on apartments

Investment apartments in The Community at 9% per annum in the heart of the Motor City area, Dubai

From 123,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

Furnished

Bright and spacious one-bedroom apartment in a new residential complex in Prague 10, Prague, Czech Republic

262,000 €

Total area 55 m²1 bedroom1 bathroom

2-bedrooms apartments in new building 38 m² in Prague 22, Czech Republic for 139,000 €

2-bedrooms apartments in new building 38 m² in Prague 22, Czech Republic

139,000 €

Total area 38 m²1 bedroom1 bathroom

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Stylish two-bedroom apartment in Prague 7, Prague, Czech Republic

317,000 €

Total area 81 m²2 bedrooms2 bathrooms

One-bedroom apartment in a modern complex, Prague 10, Prague, Czech Republic

363,000 €

With balcony/terrace

Total area 103 m²1 bedroom1 bathroom

Apartment 135 m² in Prague, Czech Republic

426,000 €

With balcony/terrace

Total area 135 m²

One-bedroom apartment in the historical center of Prague, Prague 1 district, Czech Republic

309,000 €

Total area 56 m²2 bedrooms1 bathroom

4-bedrooms apartment 121 m² in Teplice, Czech Republic

272,000 €

Total area 121 m²2 bedrooms2 bathrooms

Three-bedroom renovated apartment in Marianske Lazne, Karlovy Vary Region, Czech Republic

236,000 €

With balcony/terrace

Total area 93 m²3 bedrooms2 bathrooms

For sale very spacious 3+kk 160 m² apartment in a new building, Bezejmenná Street, Mariánské Lázně

367,000 €

With balcony/terrace

Total area 160 m²

Sale, Flats 4+KT, 105 m², Zeyerova Street, Mariánské Lázně — Úšovice

371,000 €

With balcony/terrace

Total area 105 m²

Apartment 95 m² in Prague, Czech Republic

435,000 €

Total area 95 m²

Three-bedroom with a parking lot in the underground garage in a new residence, Prague, Czech Republic

496,000 €

With balcony/terrace

Total area 101 m²2 bedrooms2 bathrooms

One-bedroom renovated apartment in Marianske Lazne, Karlovy Vary Region, Czech Republic

158,000 €

Total area 42 m²1 bedroom1 bathroom

Rent, Flats 2+KT, 60m² — Mariánské Lázně

176,000 €

With balcony/terrace

Total area 60 m²

Apartment 101 m² in Prague, Czech Republic

300,000 €

With balcony/terrace

Total area 101 m²

Spacious modern apartment 4+kk with terrace, view and parking — Prague 5 — Zličín

801,000 €

With balcony/terrace

Total area 158 m²

One-room bright apartment in Marianske Lazne, Karlovy Vary Region, Czech Republic

144,000 €

With balcony/terrace

Total area 46 m²1 bathroom

For sale apartment 3+kk after reconstruction on Main Street in Mariánské Lázně

260,000 €

With balcony/terrace

Total area 81 m²

Apartment 57 m² in Karlovy Vary Region, Czech Republic

180,000 €

With balcony/terrace

Total area 57 m²

Stylish two-bedroom apartment in Prague 2, Prague, Czech Republic

265,000 €

Total area 68 m²2 bedrooms1 bathroom

One-bedroom apartment in a house with a lush garden, Prague 5 district, Prague, Czech Republic

128,000 €

Total area 39 m²1 bedroom1 bathroom

3-bedrooms apartment 101 m² in Prague 4, Czech Republic

Price on request

Total area 101 m²3 bedrooms2 bathrooms

Apartment 62 m² in Prague 3, Czech Republic

288,000 €

With balcony/terrace

Total area 62 m²

3-bedrooms apartment 69 m² in Prague 5, Czech Republic

Price on request

Total area 69 m²3 bedrooms1 bathroom

Cozy studio apartment in Prague 4 area, Prague, Czech Republic

133,000 €

With balcony/terrace

Total area 38 m²1 bathroom

3-bedrooms apartment 121 m² in Prague 6, Czech Republic

Price on request

With balcony/terrace

Total area 121 m²3 bedrooms

2-bedrooms apartment 66 m² in Prague 9, Czech Republic

Price on request

With balcony/terrace

Total area 66 m²2 bedrooms1 bathroom

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New buildings in the Czech Republic for sale