Real estate investment in Czechia

In Czechia, foreigners can buy, sell and rent out properties without restrictions.

Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 1,7% every quarter. Seven years ago, an apartment of 100 m² cost an average of €273,000, and today it is sold for €440,000.

€4,400

Average price per 1 m²

3%

Average price growth per quarter

0.01—6.2%

Associated costs, of the property value

How the residential property price index is growing in Czech Republic

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Cost of a 3-bedroom apartment in the Czech Republic

€2 million

Penthouse in the historical centre of Prague

€1 million

Apartment in the historical centre of Prague

€650,000

Apartment in Prague, outside the historic centre

Schedule a meeting

Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Czech residence permit or citizenship by real estate investment

Obtaining a Czech residence permit or citizenship is not connected with purchasing real estate.

Taxes and associated costs

40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:
06 September, 2024

Frequently asked questions

  • Can a foreigner buy property in the Czech Republic?

    Yes. Foreigners in the Czech Republic can buy, sell and rent real estate without restrictions.

  • What is the average cost of a house in the Czech Republic?

    The average cost of a house in the Czech Republic is approximately €6,000 per square metre. Prices can vary significantly depending on the location, with Prague being the most expensive city.

  • How do you buy a house in the Czech Republic?

    Both foreigners and Czech nationals can freely buy, sell and rent real estate in the country.

    Buyers of real estate in the Czech Republic pay a mandatory registration fee. Additionally, they can pay for legal support and an agency fee. The associated costs will amount to approximately 0.01— 6,2% of the purchase and sale agreement.

  • How much is property tax in the Czech Republic?

    Property owners in the Czech Republic pay an annual property tax from €0.07 to 2 per 1 m2. The tax rate depends on the type of property and its location.