By Andrea Harper, Deputy Editor, with David Werry, MD, Davcor

Rumours that the Czech property has peaked couldn't be further from the truth for UK developer David Werry as he looks out at Prague's bustling streets from the offices of his Czech Property business.

As managing director of residential developer Davcor, David has worked on numerous projects such as Spirit Wharf and Central Park. He has been involved in the Czech property market for more than 17 years. We asked him for his views on the current market and how he sees it developing in the future.

We keep hearing stories that the Czech Property market has peaked - is this true?

As far as I'm aware the boom isn't over in the Czech Republic because it hasn't even started.

I think it is set to grow in a very big way for some time, at least a couple of years, probably around 20-25%. This is because the Czech's have not yet got used to buying property but that is now starting to change.