Czech Republic enjoys a long-standing love of the Russians. The charm of Prague, the healing properties of water spas of Karlovy Vary and Marianske Lazne, the beauty of natural landscapes attract not only tourists. Many of our countrymen a keen interest in buying a home in the country. According to the number of requests for search of real estate Czech Republic ahead of such popular countries such as Finland, Greece and Croatia *.
Czech Republic is a country where housing is not so much get to relax, but for permanent residence. Russians attracts the Western European way of life at a low cost of living and real estate relative to Western European countries, the ability to obtain a residence permit and a closer mentality of local people. In addition, buying a home in the Czech Republic is often seen as a safe and profitable investment.
Czech property market is stable and reliable. There was no transcendental growth in housing prices, nor as rapid collapse of the market, which took place in several European countries during the crisis. After joining the EU in the Czech Republic in 2004, the property prices have grown by 10-15% until the beginning of the global recession. During the crisis on the Czech market was a small adjustment cost of housing and the decline of consumer activity, but at the end of 2009, an increase in demand.
The main areas to buy real estate in the Czech Republic is Prague and the famous Karlovy Vary. At Prague has almost 30% of the total number of requests over the country. In recent years, is gaining increasing popularity of the Teplice, north-west Bohemia. Low housing prices and proximity to the border with Germany, make it a very promising area for investment.
For years, foreigners to purchase housing in the Czech Republic was required to register a company in the country, because of legislation prohibiting the sale of property to citizens of other nations. After joining the EU, this restriction is no longer working, but market professionals are advised to exercise care when buying a home due to the fact that EU standards are still inconsistent with local law.
* According to the statistics keyword Yandex for August 2011 (data for Russia).
When buying a resale property in the Czech Republic, the buyer does not pay any taxes, in the case of home purchase in the primary market, you need to pay VAT at a rate of 10-20%.
Buying Resale in the Czech Republic are often cheaper than new construction: prices are lower and the tax on the transfer of property to pay the seller.
Visa for a short stay in the Czech Republic issued by the general rules of the Schengen area. In regard to the opportunity to obtain residence permits and permanent residence, the authorities refer to the Russians loyally.