Prague property investment - Rentals in the Czech capital, low risk and solid returns
Prague property investment - Rentals in the Czech capital, low risk and solid returns
12th June 2008
By Anna Grybel-Kloc
The property market in Prague is a mature and established market, which currently is experiencing a second phase of strong price growth after a period of consolidation between 2004 and 2006. Prices in Prague are now growing by up to 25% a year, depending on the location.
Prague is perceived by many investors as low risk and as providing solid returns - for good reason. Our research and data form i-Property Assets confirms this perception. Let's look at the evidence.
Rentals - what boost the market?
Prague is commonly viewed as an established property market with great rental potential, a potential that mainly lies in the low home ownership rate in the Czech Republic (around 50% compared to some 75% in Poland, for example).
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