Wondering how to sell a property burdened with a mortgage in the Czech Republic? There’s no need to worry – it’s a common scenario in the real estate market. Selling a property with an outstanding mortgage does come with its specifics, but that doesn’t mean it’s impossible. What are your options when selling a propertyHow to Sell a property with a mortgage in the Czech Republic
When dealing with a Czech real estate agency, you’ll likely come across the term ‘exclusive contract‘ (exkluzivní smlouva). It‘s important to understand the implications of these kinds of contracts and what you need to take into consideration before entering into one. In this guide, we’ll delve into the details of these contracts and give youExclusive Contracts with Czech Real Estate Agencies: What You Need To Know
Do you own land in the Czech Republic that you don’t have a use for and have decided to sell? Then you’ll need to do more than just write an ad. This article will guide you on how to proceed with selling land, avoiding common mistakes, and getting the highest possible price. Selling land inHow to sell land in the Czech Republic
Just as nature has its more favourable seasons, so the property market is similar. There are months when property sells well, and months when the demand is very low. Therefore, it pays to plan ahead when thinking about going to market. A poorly chosen period means a slow sale at a lower price, whereas aWhen is the best time to sell real estate in the Czech Republic?
If you’re buying or selling property in the Czech Republic, you’ll come across the term “escrow of funds (úschova peněz)” or “escrow of the purchase price (úschova kupní ceny).” What does these terms mean, and why should you always make use of escrow? Let’s take a closer look in this article. In general, when sellingWhat are the types of escrow in the Czech Republic and what are their advantages and disadvantages?
Are you thinking about selling your apartment or flat in Prague and wondering about all the steps you need to take to get the maximum value for your property or ensure a hassle-free transaction, and above all, do it quickly? In this article ee’ve got some tips for you on how to go about sellingSelling your apartment in Prague
This is a frequent question we get from clients who plan to invest in property in the Czech Republic, whether that’s an investment in apartments, apartment buildings, land or commercial real estate. The answer is very simple: if your plan is to own the property for a substantial period of time, then in the vastIs it better to buy real estate in the Czech Republic under a company name, or in your own name?
In this article, I‘ll introduce you to the topic of commissions so that you have all the information you need when dealing with a Czech real estate agency. I’ll guide you through what the normal amount of commission is in the Czech Republic, what it includes, and to who and when you need to payReal estate agency commission in the Czech Republic: How much is it, who pays it, and what it includes
In today’s post, I’ve prepared a guide for you on how to properly tax rental income from properties to your advantage, and how to deal with property depreciation in the Czech Republic. Let’s get into it. Property rental has its own taxation rules in Czech legislation, specifically in the Income Tax Act under § 9How to Manage Rental Income Tax and Property Depreciation in the Czech Republic
Before you decide to sell an apartment, house or land in the Czech Republic, it is worth checking whether you will pay property sales tax. If you are not exempt from this tax, you may be surprised by the relatively high amount you will have to pay when you sell. So, what should you knowSales tax on real estate in the Czech Republic
