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Published: July 2008
Next Issue Scheduled: January 2009

Researched and written on behalf of Property Secrets' existing investors in this market, the Czech Republic Market Performance Report contains everything an investor needs to know in order to judge the performance of the market in general and their investment in particular.

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In this report...

Contained within the Bulgaria Market Performance Report you will find:

• Current Macro-Economic Data
• Mortgage Market Snapshot & Development
• Property Market Overview. Includes:
• • Local Market Data
  • Supply & Demand Statistics
  • Sales Market Data
  • Rental Market Data
  • Latest Developments
• Market Performance Summary

Key information for you as an investor (or potential investor) in Czech Republic is the real, achieved rental and resale data we have gathered. Presented as case studies in the Czech Republic Market Performance Report, this data gives you a clear indicator of the performance of this market.

The Czech Republic Market Performance Report includes much more too:

Extracts

From The Economic Brief

"Whilst there are uncertainties in global financial markets and threats of recession in some Western countries, the Czech National Bank is confident that the country 'can remain a low-inflation economy with solid economic growth'.

"The Czech Republic continues to demonstrate strong economic fundamentals, a continuing inflow of FDI, and a booming, increasingly accessible and very competitive mortgage market."

From The Mortgage Market Snapshot

"The mortgage market has a diverse range of products increasingly available to locals and foreigners. LTV loans of 85–90% are currently on offer to both locals and foreigners and there are also, more rarely, 100% Loan To Value (LTV) mortgages.

"However, there is still a tendency for banks to down-value properties –value them for around 10% less than purchase price. So, even if an investor obtains 100% LTV, this is likely to become around 80% to 90% loan relative to price rather than true market value. This kind of conservative lending has certainly helped insulate the market from some of the excesses elsewhere that led, of course, to the credit crunch."

From The Property Market Overview

SALES CASE STUDIES:

Repy, a development in Prague 5, was launched in January 2005 and completed in August 2007.

From The Summary

"For those seeking a low risk investment with potential for very good returns, particularly in this uncertain time of worldwide credit and financial chaos, we would recommend the Czech Republic as an excellent long term investment location, probably before any other CEE market."