Email This Article | Print This Article
Why to steer clear of investing in cheap Soviet-era properties
7th September 2005 |

The apartments, perfectly acceptable during the Soviet era, are now completely out of favour. Demand has fallen 30% and prices for them have crashed as a result.

We predict that there will be no change in this trend. The forecast is that as the well-paid, well-educated, professional Czechs will increasingly turn their backs on old-style accommodation

Demand for newer, more modern properties will rise. With new builds unable to keep up, the result, inevitably, as demand outstrips supply, will mean capital growth and rising rents.

 


Share
Del.icio.us
Stumble It!
Digg This
Facebook
Reddit

My Opinion

Did you find this article interesting and useful?

Blogs

Czech Point | Posted 15 Mar 12
By Nathan Brown

More from PS blogs ...

Czech Point | Posted 06 Mar 12
By Nathan Brown
PSonProperty | Posted 28 Feb 12
By Daniel Peacock
Sofia Casa | Posted 16 Feb 12
By James Flint
OFT

Home improvement and car purchase loans. Apply online today!

Advertise with Property Secrets
Propertysecrets.net ltd, White House, Clarenden Street, Nottingham, NG1 5GF, (tel): 0115 985 3963
Email  
Password  
Lost
password?
Enter your email address to receive our newsletter & get 7 FATAL MISTAKES TO AVOID absolutely FREE!   
Email: