|
|
Home >
Overseas Property News
|
Law alteration could boost Czech sales
Country: Czech Republic
13 November 2008
The Czech Republic is reportedly on the verge of passing legislation that will permit foreigners to buy land, according to Property Wire.
Overseas nationals are currently only allowed to own land through a limited liability company.
“People from outside the EU will welcome the amendment. We expect a lot of interest in middle and high end property,” King Sturge analyst Ondrej Novotny told Property Wire.
However, others are far more dubious about the impact that the law change will have, because prices are relatively expensive, compared to other non-EU countries.
“It is nonsense to think that the foreigners are lining up outside our borders to buy some property,” Jiri Fajkus, of Real Spektrum told Property Wire. “Had they wanted to invest here, they would have done it already through companies or though individuals.”
Property prices in the Czech Republic are expected to record major price falls in 2009, according to King Sturge.
“We expect a number of major buildings and properties to come on the market next year, as financial circumstances will force their owners to sell,” said Dušan Štastník, an analyst with King Sturge.
Some properties in Czech Republic
|
|
|
|
Price: £86,124
|
Type: New Home
|
Bedrooms: 2
|
|
|
In the Central Park Praha, bank owned residential project, we offer you attractive flats and homes in a unique private park measuring 15,000 m2 in the sought-after locality of Zizkov not far from the centre of the city.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £105,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Corn Lofts is a beautifully designed building in the high growth area of Karlin, Prague 8. The development is situated just 2 minutes walk from a metro station that is only 2 stops to the city centre.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £113,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Offplan investment apartment approx 10% below market value, completion due in March 2009.
The apartment is situated in a new build development in Liben, Prague 8.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £129,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Investment apartment in Avenium Residence, around 20% below market value.
Avenium Residence is situated in the high growth location of Holesovice, Prague 7, just across the river from Prague’s city centre.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £130,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Korunni Residence is situated in, Vinohrady, the Knightsbridge of Prague. This is a high quality area, popular with both wealthy locals and expats, not far from the city centre.
• 3% discount off list price
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £138,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Residence Prokopova is a very high quality development in a great growth location - Zizkov, Prague 3 - just five minutes from the city centre.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £161,000
|
Type: Apartment
|
Bedrooms: 1
|
|
|
Investor landlord offers this low priced resale apartment at a great price. Situated in the south of the city in Prague 4 the area has grown rapidly, especially due to the expansion of nearby business parks.
|
|
View details | Enquire further
|
|
|
|
|
|
|
Price: £269,480
|
Type: Apartment
|
Bedrooms: 2
|
|
|
Amazing newly refurbished apartments in the previously known 'Royal Quaters' of the heart of Prague. Only 10 apartments available, all stunningly designed with the utmost care and attention to detail.
|
|
View details | Enquire further
|
|
|
|
|
Price: €785,000 Bedrooms: 3 Funchal: Luxury, comfort and practicality. extensive external terraces. Access to 18-hole Palheiro Golf course.
More
Price: £125,600 Bedrooms: 3 Baths: 2 - 1 ensuite Kitchens with cupboards, hob/oven, fridge/freezer, washing machine, dishwasher. Pool, gardens, tennis courts.
More
Prices from: £147,200 Bedrooms: 2 & 3 Off-plan in Fuseta, Olhao. 30 two-bed, two-bath apartments & 20 three-bed, three-bath semi-detached villas.
More
Price: €280,000 Bedrooms: 3 Renovated stone house, hilltop location offering panoramic sea & mountain views. Landscaped garden, private pool.
More
Price: €430,000 Bedrooms: 2 Palheiro Estate, Funchal: Spacious, light interiors, extensive external terraces set in landscaped gardens.
More
Prices from: €156,000 Bedrooms: 1, 2, 3, 4 Cohennoz: Great year round location. Mountain lifestyle, easy access to one of the best Alpine skiing areas.
More
|
|
|
