Home » Czech Republic » Czech Republic – Buying Property

Czech Republic – Buying Property

Legal Restrictions on Foreign Ownership of Property in Czech Republic

According to Czech law, foreign nationals are allowed to purchase property in the Czech Republic without any restrictions. However, there are certain restrictions on the purchase of agricultural land and forested land by foreign nationals. This is to protect the country’s natural resources and to ensure that the land is used for its intended purpose. Additionally, foreign nationals are also subject to the same mortgage and lending requirements as Czech citizens. 

Average Property Prices

The average price of property in the Czech Republic varies depending on the location, with prices in Prague being significantly higher than in other regions. For example, the average price of an apartment in Prague is around CZK 90,000 (approximately $4,000) per square meter, while in other regions it is around CZK 50,000 (approximately $2,200) per square meter. Prices also vary depending on the type of property, with detached houses and villas typically being more expensive than apartments or townhouses. 

Popular Locations for Buying Property

Prague is currently the most popular location for foreign buyers looking to purchase property in the Czech Republic, thanks to its rich cultural heritage, excellent infrastructure and high standard of living. Other popular locations include Brno, the second-largest city in the Czech Republic and Karlovy Vary, a spa town known for its hot springs. 


Get Our Best Articles Every Month!

Get our free moving abroad email course AND our top stories in your inbox every month


Unsubscribe any time. We respect your privacy - read our privacy policy.


Upcoming Property Markets

The Czech Republic’s property market has been growing steadily in recent years, and new developments are popping up all over the country. Some of the most promising upcoming areas include Pilsen, a city with a strong industrial tradition, and the region of South Moravia, which is known for its picturesque countryside and excellent wine. 

Trends in the Property Market

The Czech Republic’s property market is currently experiencing a period of steady growth, with prices rising steadily in recent years. One of the most significant trends in the market is the increasing popularity of new developments, particularly in Prague and other major cities. Additionally, there is a growing demand for rental properties, which is attracting more and more foreign investors to the market. 

Investment in Property

Buying property in the Czech Republic can be a good investment, particularly in light of the country’s growing economy and increasing demand for rental properties. However, it’s important to remember that property prices can be volatile and that there is always a risk of losing money when investing in real estate. 

Common Property Types

The most common property types in the Czech Republic include apartments, townhouses, and detached houses. Apartments are particularly popular in cities like Prague, while townhouses and detached houses are more commonly found in the countryside. Additionally, there are also a number of rural properties and land-only options available for purchase. Buying property can be a good investment in Czech Republic, but it’s important to do your research and consider the specific market conditions in the area where you’re considering purchasing property. 

Typical House Buying Procedure in the Czech Republic

  1. Surveys and Inspections: Before making an offer on a property, it is recommended to have a building survey and an inspection of the property’s title deeds. This will ensure that the property is structurally sound and that there are no outstanding issues with the title deeds.

  2. Making an Offer: Once you have found a property that you are interested in, you can make an offer to the seller through a real estate agent or directly to the seller. The offer should include the purchase price, the terms of the sale, and any contingencies.

  3. Notary: The next step is to have the purchase contract signed by a notary. The notary will verify the identities of the parties and ensure that the contract is legally binding.

  4. Exchange of Contracts: Once the contract has been signed, the buyer will typically pay a deposit to the seller. The deposit will be held in escrow until the closing date. On the closing date, the balance of the purchase price will be paid and the title deeds will be transferred to the buyer.

Finding a Reputable Lawyer When Buying a Property in the Czech Republic

  • Look for a lawyer who is a member of the Czech Bar Association (CBA). The CBA maintains a list of certified lawyers on its website.
  • Ask for recommendations from friends, family or real estate agents.
  • Look for a lawyer who specializes in real estate transactions.
  • Lawyer’s fee can vary depending on the complexity of the transaction, but it is generally around 1-2% of the purchase price.

Pitfalls and Problems

  • Buying property in a foreign country can be difficult, so it is important to understand the local laws and regulations.
  • It’s important to make sure that the property is not encumbered by any debts or liens.
  • Title search should be done by a professional, as it can be difficult to understand the legal language and the details of the property’s title.

Purchasing Property Through a Company in the Czech Republic

  • It is possible to purchase property through a company in the Czech Republic, but it is not very common.
  • However, it is advisable to consult with a lawyer before buying a property through a company, as there may be additional tax and legal implications.


Latest Videos

Expat Focus

848 subscribers

Move abroad easily with Expat Focus.

Expat Focus
Writer and Editor Kirsten Raccuia is known for her Sand in My Curls blog, which until recently, was all about her expat life in Malaysia. We last spoke at the height of the global pandemic, when she and her husband were closing in on a decade in Penang. Fast-forward a couple of years, and they’re in a new country, Mexico. I’m chatting with Kirsten again to find out what factors influenced their decision to move, and why Mexico? And what it was like to close the Malaysia chapter of their life abroad.

Writer and Editor Kirsten Raccuia is known for her Sand in My Curls blog, which until recently, was all about her expat life in Malaysia. We last spoke at the height of the global pandemic, when she and her husband were closing in on a decade in Penang.

Fast-forward a couple of years, and they’re in a new country, Mexico. I’m chatting with Kirsten again to find out what factors influenced their decision to move, and why Mexico? And what it was like to close the Malaysia chapter of their life abroad.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_2iutaBgsCRk

Moving From Malaysia To Mexico

Expat Focus 15 August 2023 3:23 pm

A topic that comes up quite often in our Facebook groups is moving abroad with children. What’s the ideal age? Especially if they're going to need to learn a new language? What about the best time of year to move? And how do you make the assimilation process, from learning new cultural norms to making new friends, as smooth and enjoyable as possible? My guest today is someone who can speak from experience. Sharon Green is the founding editor of online publication SHE DEFINED. And in 1998, just before she turned 12, Sharon migrated with her family from Durban in South Africa to Melbourne in Australia. Sharon’s going to share her experience of being a third culture kid, and how it has shaped her sense of belonging as an adult.

A topic that comes up quite often in our Facebook groups is moving abroad with children. What’s the ideal age? Especially if they're going to need to learn a new language? What about the best time of year to move? And how do you make the assimilation process, from learning new cultural norms to making new friends, as smooth and enjoyable as possible?

My guest today is someone who can speak from experience. Sharon Green is the founding editor of online publication SHE DEFINED. And in 1998, just before she turned 12, Sharon migrated with her family from Durban in South Africa to Melbourne in Australia.

Sharon’s going to share her experience of being a third culture kid, and how it has shaped her sense of belonging as an adult.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_62EMRLnSni4

Growing Up As A Third Culture Kid In Australia

Expat Focus 26 July 2023 6:48 pm

When American, Samaki Dorsey Schneider moved to France permanently five years ago, the last thing the 44 year-old expected was to need to take a driving test. But that’s the reality for some expats who can’t simply exchange their existing driver’s license for a French one. Keep listening to find out why this is the case, what the testing process is like in France, some of the costs involved and the road rules that might be a little different to what you’re used to.

When American, Samaki Dorsey Schneider moved to France permanently five years ago, the last thing the 44 year-old expected was to need to take a driving test. But that’s the reality for some expats who can’t simply exchange their existing driver’s license for a French one. Keep listening to find out why this is the case, what the testing process is like in France, some of the costs involved and the road rules that might be a little different to what you’re used to.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_hrrVi0XbYgg

How To Get A French Driver's License

Expat Focus 23 June 2023 2:29 pm

Load More... Subscribe
This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feed settings page to add an API key after following these instructions.