Geographic Information
Description of Czech Republic
It’s an interesting time for property owners and investors in the Czech Republic right now as while general land and property prices are holding relatively flat, the country’s tourism trade is going from strength to strength. As such, rent yields are as healthy as they’ve ever been in the major cultural centres of the country – Prague in particular – which in turn makes now the ideal time to take a closer look at the properties for sale.
Things are expected to continue growing for much of 2014 and perhaps the next few years to come at least, though this is of course anything but set in stone. Still, as far as short and long-term lets are concerned, the Czech Republic has more than its fair share of attractive hotspots.
Current Property Prices in Czech Republic
Key Facts:
Currency: CZKTime Zone: CET (UTC+1)
DialCode: +420
Languages: Czech
Capital: Prague
Population: 10,436,560
GDP: $180.789 billion