Kategorie: English

English blog

How to find out the market price of land for the construction of a house in the Czech Republic

For those of you who plan to sell or buy a plot of land, one of the most important aspects is to verify the market price. And that´s the topic of this article. When you´ve read it you´ll know how to do it. We´ll explain, one step at a time, how to determine the market price of land...

Questionnaire to check tenants

As landlords we get a raw deal, so to speak, in terms of rights when renting out our apartment in comparison to the tenant who is well protected by the Civil Code. The only effective defence when choosing a tenant will be screening and selection I´ve prepared a questionnaire that focuses on the most important characteristics of the...

With one exception, the pre-emption right of the co-owners is completely cancelled in the Czech Republic

It´s finally here. Starting with July 1, 2020, when the amendment to the Civil Code comes into effect, the pre-emption right of co-owners to the share in real estate being sold will be abolished completely, with one minor exception which I´ll write about later. The legislators finally amended and expanded the original draft which focused...

A practical example of how to deal with an apartment rental tax in the Czech Republic

We´ll use the most common case to explain how to properly deal with taxation when renting out an apartment. This article expands on texts and videos we´ve recently published. They are the following texts: Article  How to tax real estate rental income Webinar How to tax real estate rental income Article How to depreciate when renting...

This article is for landlords in Prague. Please read.

(Prague, April 12, 2020) The current situation around coronavirus brings a lot of fast and fundamental changes for landlords renting out real estate in Prague. In this article, I discuss what´s currently happening, what the probable future development of the rental market in Prague will be like, what measures you, as landlords, should adopt promptly and finally...

What to watch out for when concluding a reservation contract in the Czech Republic

Based on my experience I can say that a reservation contract for the purchase of real estate is as important as the purchase contract, nevertheless buyers don´t pay so much attention to it. It´s logical, the buyer wants to ensure the purchase with their signature and the in-between is the real estate agency which puts a lot of...

Czech Real Estate Law: Will it protect you from dishonest brokers?

At the end of last year, a new real estate law was approved to increase the quality of services. Will it bring changes or does it have weak points? It should be noted that so far pracically anyone has been able to perform the work of a real estate broker. This is one of the reasons why...

Realitní zákon

Real estate law: expectations not met

The real estate law could have brought a revolutionary change in the quality of services on the real estate market. In the form discussed by the government, however, it is as weak as a three times infused fruit tea bag. On Monday, the government discussed and approved a bill on real estate brokerage that had been talked about...

How to settle czech permanent residence of your tenant

For many landlords, permanent residence is a sensitive issue. Should I allow tenants to register their permanent residence in my place? What’s the danger in it for me? Can I then terminate the rental agreement with such a tenant or what if an execution is imposed on the tenant? Landlords are worried, some concerns are partly justified and some...

Popular places in Prague Lesser Town that will open soon

The topic of today’s article is less serious but it relates to real estate anyway. The restrictive measures are slowly coming to an end and we´ll be able to go to restaurants and cafés again in the foreseeable future. It can be said that I´m one of the people that often go for coffee or...