How high are mortgage rates in the Czech Republic?

Mortgage rates range between 2.49-2.79% per annum. Investors can take out loans to buy commissioned real estate or property under construction, and can also refinance existing mortgages in the country. Unfortunately, lending terms for non-EU citizens have become tougher. We recommend that non-residents rely solely on their own funds.

Is it beneficial for foreigners to get a mortgage in Prague?

Yes it is. In, the capital and the entire Czech Republic mortgage lending terms are the most beneficial for foreign nationals. Property is more affordable compared to neighbouring Austria and Germany, however, unfortunately lending terms still currently only beneficial for locals. Lending terms for non-EU citizens have become tougher. We recommend that non-residents rely solely on their own funds.

Can foreigners get a permanent residence visa in the Czech Republic by buying real estate?

Buying a residential property in the Czech Republic entitles the owner to a multi-entry Schengen Visa , which allows a non-resident to stay in the country for 90 days every six months (180 days per year). A third visa extension can be applied for in five years, but the period of stay remains the same.

How long does it take to buy real estate in Prague?

Buying and registering real estate in Prague usually takes up to three months.

Can foreign nationals lease residential real estate in Prague? What are the average investment yields?

Yes they can. The average yield rate for apartments in central Prague is about 4%. Tranio offers Czech residential real estate investments with net yields of 5% per annum (after utility payments).

What type of apartments in Prague are better to invest in for rental purposes?

The most profitable are apartments or studios with 25-35 m² of floor space. Their yields usually reach 5-6% per annum. Generally, the larger the apartment, the lower the yield: for a two-bedroom apartment expect about 4% and for a three-bedroom place, just 3%. Small flats can be used for short-term tourist leases .

Where is the best place to buy an apartment in Prague?

It is better to buy Prague real estate near metro stations and public transport. The most attractive residential districts are Prague 5, Prague 9, and Prague 10. Popular locations are Vinohrady, Vyšehrad, Holešovice, and Žižkov. The Dejvice and Suchdol neighbourhoods of Prague 6 are promising in terms of lease potential.

Is buying real estate in Prague a good investment?

Residential real estate investments are profitable because of the country’s favourable economic indicators, stable rental demand, low prices per square meter in comparison to other European countries, and the possibility of selling the residential property at a profit.

What are property prices like in Prague?

On average, Apartments in Prague cost €1,500-3,700/m². In other regions, apartment prices range from €850-2,000/m². Detached houses in Prague cost from €1,250-1,600/m².

Apartments for sale in Prague - Buy flats in Prague

Five-room stylish apartment in Prague 6, Czech Republic for 515,000 €

Five-room stylish apartment in Prague 6, Czech Republic

515,000 €

Total area 142 m²3 bedrooms1 bathroom

142 m², 3 bedrooms, apartment

Prague, Czech Republic

4 floor of 4

515,000 € 3,626 € per m²

Modern duplex in a comfortable residential building in the city center, Prague 2, Czech Republic for 364,000 €

Furnished

Modern duplex in a comfortable residential building in the city center, Prague 2, Czech Republic

364,000 €

Total area 103 m²2 bedrooms2 bathrooms

103 m², 2 bedrooms, apartment

Prague 2, Prague, Czech Republic

5 floor of 6

364,000 € 3,533 € per m²

Golden Visa

Two comfortable apartments in one building in the city center with a yield of 5,3%, Agios Nikolaos subway station, Athens, Greece

250,000 €

Total area: 152 m² 5 bedrooms 2 bathrooms

Large apartment with park views in a stylish residence, Bubenech, Prague, Czech Republic for 743,000 €

Large apartment with park views in a stylish residence, Bubenech, Prague, Czech Republic

743,000 €

Total area 172 m²3 bedrooms2 bathrooms

172 m², 3 bedrooms, apartment

Prague 6, Prague, Czech Republic

2 floor

743,000 € 4,319 € per m²

New apartment with a terrace in a building with an elevator, Prague, Czech Republic for 204,000 €

New apartment with a terrace in a building with an elevator, Prague, Czech Republic

204,000 €

Total area 67 m²1 bedroom1 bathroom

67 m², 1 bedroom, new home

Prague 8, Prague, Czech Republic

2 floor of 8

204,000 € 3,044 € per m²

Cozy apartment with a terrace in a house with a parking and an elevator, Prague, Czech Republic for 630,000 €

With balcony/terrace

Cozy apartment with a terrace in a house with a parking and an elevator, Prague, Czech Republic

630,000 €

Total area 114 m²

114 m², apartment

Prague 8, Prague, Czech Republic

630,000 € 5,526 € per m²

Spacious maisonette with a terrace in the centre of the city, Prague, Czech Republic for 1,101,000 €

With balcony/terrace

Spacious maisonette with a terrace in the centre of the city, Prague, Czech Republic

1,101,000 €

Total area 193 m²2 bedrooms2 bathrooms

193 m², 2 bedrooms, apartment

Prague 2, Prague, Czech Republic

1,101,000 € 5,704 € per m²

Modern two bedroom apartment with a balcony and panoramic views in the fifth district of Prague for 563,000 €

With balcony/terrace

Modern two bedroom apartment with a balcony and panoramic views in the fifth district of Prague

563,000 €

Total area 170 m²2 bedrooms

170 m², 2 bedrooms, apartment

Prague 5, Prague, Czech Republic

5 floor of 6

563,000 € 3,311 € per m²

Three bedroom apartment with panoramic views in the fifth district of Prague for 737,000 €

Three bedroom apartment with panoramic views in the fifth district of Prague

737,000 €

Total area 181 m²3 bedrooms

181 m², 3 bedrooms, apartment

Prague 5, Prague, Czech Republic

3 floor of 6

737,000 € 4,071 € per m²

Duplex furnished apartment with a terrace, in a comfortable residential building, Prague 5, Czech Republic for 554,000 €

With balcony/terrace

Duplex furnished apartment with a terrace, in a comfortable residential building, Prague 5, Czech Republic

554,000 €

Total area 103 m²1 bedroom1 bathroom

103 m², 1 bedroom, apartment

Prague 5, Prague, Czech Republic

5 floor of 5

554,000 € 5,378 € per m²

Bright apartment with a terrace and a view of the garden, in a brick building, near the metro station, Prague 4, Czech Republic for 139,000 €

With balcony/terrace

Bright apartment with a terrace and a view of the garden, in a brick building, near the metro station, Prague 4, Czech Republic

139,000 €

Total area 30 m²1 bedroom1 bathroom

30 m², 1 bedroom, apartment

Prague 4, Prague, Czech Republic

5 floor of 5

139,000 € 4,633 € per m²

Spacious apartments with a parking and a terrace, Prague, Czech Republic for 258,000 €

With balcony/terrace

Spacious apartments with a parking and a terrace, Prague, Czech Republic

258,000 €

Total area 128 m²2 bedrooms1 bathroom

128 m², 2 bedrooms, apartment

Prague 3, Prague, Czech Republic

2 floor

258,000 € 2,015 € per m²

Spacious apartment in a brick house, in a popular residential area, Prague 3, Czech Republic for 185,000 €

Spacious apartment in a brick house, in a popular residential area, Prague 3, Czech Republic

185,000 €

Total area 66 m²1 bedroom1 bathroom

66 m², 1 bedroom, apartment

Prague 3, Prague, Czech Republic

1 floor of 3

185,000 € 2,803 € per m²

Two-bedroom bright apartment in Prague, Czech Republic for 381,000 €

With balcony/terrace

Two-bedroom bright apartment in Prague, Czech Republic

381,000 €

Total area 106 m²1 bathroom

106 m², apartment

Prague 3, Prague, Czech Republic

3 floor of 5

381,000 € 3,594 € per m²

Prodej, Byty 3+ kk, 123m² — Praha — Smíchov for 537,000 €

With balcony/terrace

Prodej, Byty 3+ kk, 123m² — Praha — Smíchov

537,000 €

Total area 123 m²

123 m², apartment

Prague 5, Prague, Czech Republic

6 floor of 6

537,000 € 4,365 € per m²

Apartment – Prague 5, Prague, Czech Republic for 308,000 €

With balcony/terrace

Apartment – Prague 5, Prague, Czech Republic

308,000 €

Total area 70 m²

70 m², apartment

Prague 5, Prague, Czech Republic

3 floor of 5

308,000 € 4,400 € per m²

Spacious apartment with a terrace, in a well-maintained villa, next to the metro station, Prague 5, Czech Republic for 514,000 €

Spacious apartment with a terrace, in a well-maintained villa, next to the metro station, Prague 5, Czech Republic

514,000 €

Total area 105 m²1 bedroom1 bathroom

105 m², 1 bedroom, new home

Prague 5, Prague, Czech Republic

3 floor of 4

514,000 € 4,895 € per m²

Apartment – Prague 10, Prague, Czech Republic for 710,000 €

With balcony/terrace

Apartment – Prague 10, Prague, Czech Republic

710,000 €

Total area 127 m²3 bedrooms1 bathroom

127 m², 3 bedrooms, apartment

Prague 10, Prague, Czech Republic

6 floor of 7

710,000 € 5,590 € per m²

Apartment – Prague 8, Prague, Czech Republic for 386,000 €

With balcony/terrace

Apartment – Prague 8, Prague, Czech Republic

386,000 €

Total area 82 m²3 bedrooms1 bathroom

82 m², 3 bedrooms, apartment

Prague 8, Prague, Czech Republic

6 floor of 8

386,000 € 4,707 € per m²

Modern apartment with a large balcony, in a panel house, near the city center, Prague 5, Czech Republic for 349,000 €

With balcony/terrace

Modern apartment with a large balcony, in a panel house, near the city center, Prague 5, Czech Republic

349,000 €

Total area 94 m²3 bedrooms1 bathroom

94 m², 3 bedrooms, apartment

Prague 5, Prague, Czech Republic

3 floor of 4

349,000 € 3,712 € per m²

Apartment – Prague 6, Prague, Czech Republic for 367,000 €

With balcony/terrace

Apartment – Prague 6, Prague, Czech Republic

367,000 €

Total area 96 m²4 bedrooms1 bathroom

96 m², 4 bedrooms, apartment

Prague 6, Prague, Czech Republic

2 floor of 4

367,000 € 3,822 € per m²

Apartment – Prague 5, Prague, Czech Republic for 292,000 €

With balcony/terrace

Apartment – Prague 5, Prague, Czech Republic

292,000 €

Total area 63 m²2 bedrooms1 bathroom

63 m², 2 bedrooms, apartment

Prague 5, Prague, Czech Republic

5 floor of 5

292,000 € 4,634 € per m²

Apartment – Prague 8, Prague, Czech Republic for 389,000 €

With balcony/terrace

Apartment – Prague 8, Prague, Czech Republic

389,000 €

Total area 87 m²3 bedrooms1 bathroom

87 m², 3 bedrooms, apartment

Prague 8, Prague, Czech Republic

4 floor of 8

389,000 € 4,471 € per m²

Apartment – Prague 3, Prague, Czech Republic for 851,000 €

With balcony/terrace

Apartment – Prague 3, Prague, Czech Republic

851,000 €

Total area 145 m²3 bedrooms2 bathrooms

145 m², 3 bedrooms, apartment

Prague 3, Prague, Czech Republic

11 floor of 11

851,000 € 5,868 € per m²

Spacious and sunny apartment of 96 m² with a balcony of 11 m² on the 3rd floor of a new house in a new project in Prague 3 for 579,000 €

With balcony/terrace

Spacious and sunny apartment of 96 m² with a balcony of 11 m² on the 3rd floor of a new house in a new project in Prague 3

579,000 €

Total area 96 m²3 bedrooms1 bathroom

96 m², 3 bedrooms, apartment

Prague 9, Prague, Czech Republic

3 floor of 11

579,000 € 6,031 € per m²

Apartment – Prague 2, Prague, Czech Republic for 368,000 €

Apartment – Prague 2, Prague, Czech Republic

368,000 €

Total area 45 m²2 bedrooms1 bathroom

45 m², 2 bedrooms, apartment

Prague 2, Prague, Czech Republic

3 floor of 5

368,000 € 8,177 € per m²

Apartments for sale in Prague

Discounted apartments and new-builds upon request

FAQ about Prague