Real estate investment in Czech

Foreigners can freely buy, rent out, and sell real estate in the Czech Republic.

Statistics confirm the liquidity of investments: the price of residential real estate grows every quarter by an average of 3%. Five years ago, an apartment of 100 m² cost an average of €227,000, and today it is sold for €399,000.

€3,988

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

Czech residence permit or citizenship by real estate investment

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

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Taxes and associated costs

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Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.

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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.

  • How much does a house cost in the Czech Republic?

    The average residential real estate price in the Czech Republic is €3,988 per 1 m². The most expensive property is in Prague, the capital city: at around €7,200 per 1 m² according to Numbeo.com.

  • 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.