Real Estate in Czechia
Last updated on Mar 19, 2023
Summary: An expat looking to buy a home in the Czech Republic should begin by researching the local real estate market and familiarizing themselves with the different types of properties available. They should also consider their budget and the type of amenities they are looking for in a home. When searching for a home to buy in the Czech Republic, expats should look for properties that are in good condition and have all the necessary amenities. These typically include a kitchen, bathroom, living room, and bedrooms. Some homes may also include a garden, balcony, or terrace. Foreigners are allowed to purchase property in the Czech Republic, however, there are certain restrictions in place. For example, foreigners are not allowed to purchase agricultural land or land located in a protected area. Additionally, foreigners must obtain a permit from the Ministry of Interior before they can purchase a property.
How do I find a place to live in Czechia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Before diving in, take a moment to consider your priorities. Location: Do you like the buzz of the city center, or prefer a quieter neighborhood? Proximity to work, schools, or public transport might be crucial factors. Size and Style: A cozy studio, a spacious family apartment, or a historical flat with character? Define your ideal living space. Budget: Research average rental prices in your preferred areas to set realistic expectations. Factor in utilities and potential agency fees," wrote Irena Economou from Urban Address Prague.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
"One way to find a place to live in Czechia is to search online for rental listings. Websites such as Expats.cz, Bezrealitky.cz, and Sreality.cz are popular resources for finding rental properties in the Czech Republic. Additionally, you can search for rental listings on social media platforms such as Facebook and Twitter. Additionally, you can contact local real estate agents who specialize in rental properties in the Czech Republic. Finally, you can also look for rental listings in local newspapers and magazines," explained one person living in Czech Rep.
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Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.
Click connect to have our partner contact you via e-mail and/or phone.
Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.
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Click connect to have our partner contact you via e-mail and/or phone.
What is a typical expat home or apartment like in Czechia?
"Expat homes and apartments in Czechia tend to be modern and comfortable, with plenty of natural light and open spaces. Many apartments come with balconies or terraces, and some even have access to a garden. Expat homes and apartments are usually well-equipped with all the necessary amenities, such as washing machines, dishwashers, and air conditioning. Furnishings tend to be modern and stylish, and many apartments come with a fully-equipped kitchen. Expat homes and apartments in Czechia are typically located in the city center, close to public transportation, shops, and restaurants," remarked one foreigner who made the move to Czech Rep.
"Many expats like centrally located apartments in neighbourhoods like Prague 1 & 2. These historic areas offer easy access to sights, restaurants, and a lively atmosphere. Expect apartments to be smaller, usually up to 100 m2 / 2 bedrooms, but there are some larger apartments too. Period features like high ceilings, ornate mouldings, and hardwood floors add a touch of Prague's magic. Families with children often seek larger apartments or houses in quieter districts like Prague 4, 5, or 6. These areas offer more green space, parks, and backyards. Proximity to international schools is a big factor for families choosing a neighbourhood. Most international schools are in Prague 4 & 6. For those seeking a contemporary lifestyle, newer apartment buildings offer modern amenities like gyms, rooftop terraces, and underground parking. These are often located on the city's outskirts but usually have good public transportation connections," wrote Irena Economou from Urban Address Prague.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.
Click connect to have our partner contact you via e-mail and/or phone.
Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Czechia?
If you are thinking about moving to Czechia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Czechia varies depending on the location and type of accommodation. Generally, renting an apartment in a city center can be quite expensive, while renting in the suburbs or rural areas can be more affordable. Prices for buying a house or apartment in Czechia also vary depending on the location and size of the property," explained one person living in Czech Rep.
"Our housing costs are less than a third of what they would be at home - at least in Boston or California. The average rent here is about $100 a month for Czechs," said one expat in Brno.
Should I buy or rent a home in Czechia?
If you have not spent a lot of time in Czechia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Czechia can be a great investment, as the country has a strong economy and a growing real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Czechia can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it allows you to move more easily if your circumstances change. Ultimately, the decision to buy or rent a home in Czechia should be based on your individual needs and financial situation," explained one person living in Czech Rep.
What do I need to know when buying property in Czechia?
When we asked expats what advice they would give a foreigner before buying a property in Czechia, they said:
"1. It is important to research the local market and understand the legal requirements for purchasing property in Czechia. 2. It is advisable to seek legal advice from a qualified lawyer who is familiar with the local laws and regulations. 3. It is important to ensure that the property is free from any encumbrances or liens. 4. It is important to obtain a title deed or certificate of ownership from the seller. 5. It is important to ensure that all taxes and fees associated with the purchase are paid in full. 6. It is important to obtain a building permit if the property is to be renovated or extended. 7. It is important to ensure that the property is insured against any potential risks. 8. It is important to be aware of any restrictions or covenants that may be attached to the property," said one foreigner living in Czech Rep.
Are foreigners allowed to own property in Czechia?
When we asked expats what advice they would give a foreigner before buying a property in Czechia, they said...
"Yes, all foreigners, no matter what nationality are allowed to buy property in the Czech Republic. There have been no restrictions on foreign ownership of property since the country joined the European Union in 2004. This applies to both EU citizens and citizens from non-EU countries. All foreigners can purchase property in the Czech Republic with minimal restrictions. They may simply need to present a valid passport as identification during the purchase process. Some foreigners might find it helpful to have a local representative manage the purchasing process, especially if there are language barriers or complexities involved," wrote Irena Economou from Urban Address Prague.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
"Yes, foreigners are allowed to own property in Czechia. Non-residents of the Czech Republic are allowed to purchase real estate in the country, however, they must obtain a permit from the Ministry of Interior before doing so. The permit is usually granted if the buyer can prove that the purchase is in the public interest or if the buyer is a citizen of an EU member state. Additionally, foreign buyers must also register the property with the local land registry office," explained one person living in Czech Rep.
What appliances are typically included in a rental?
We asked foreigners in Czechia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Czechia, rental properties typically include a refrigerator, stove, oven, washing machine, and dishwasher. Other common appliances may include a microwave, toaster, and coffee maker. Depending on the property, some landlords may also provide additional items such as a vacuum cleaner, iron, and ironing board," explained one person living in Czech Rep.
Additional Information about Searching for a Home in Czechia:
We asked foreigners in Czechia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Czechia by looking online for real estate websites that specialize in the Czech Republic, such as Expat.cz or Sreality.cz. They can also search for rental listings on websites such as Airbnb or Booking.com. Additionally, expats can look for local newspapers or magazines that list available properties for rent or sale. Finally, expats can also contact local real estate agents who can help them find the perfect home in Czechia," explained one expat in Czech Rep.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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