The results of the election held the end of May has been viewed as very positive for businesses.

Taxes should be stable for businesses and we don’t see any big changes to the tax structure on the Czech side which should seriously affect investors and property investment.

We expect that property taxes will increase slightly but are currently at such a low level that any increase will not greatly affect cash flow on a rental property.

Although we’ve had a weak spell with rental demand in Brno our offices in both Prague and Ostrava have done extremely well with keeping occupancy high.

We are currently going through the most common questions asked by our clients and what the answers are. For example: what are the typical selling costs in Czech Republic? Or Are Czech real estate agents accredited? These and more can be viewed on our blog: http://www.czechpoint101.com/newsletter/ and will continue to be shared over the coming weeks.

For any who own property in Czech Republic and want to get an idea about the current value of their property or what it would rent for, we encourage them to download our Property Valuation form, fill it in and email it to the appropriate office for a free valuation. This is available either for current rental or sale prices.

Nathan Brown www.czechpoint101.com