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Early repayment of the mortgage will be simpler and cheaper

Early repayment of the mortgage will be simpler and cheaper

The average mortgage has terms for about 20 years, often for 25 years. The dream of each mortgage taker is an early repayment of the mortgage. Not to mention that to pay the bank the full amount of the mortgage one day and become a “full-fledged” homeowner. As a rule, the financial ability to pay…

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The average cost of renting an apartment in Prague

The average cost of renting an apartment in Prague

For the two-year period the cost of renting an apartment in Prague has increased from 300 CZK to 350 CZK per sq. m. with no account for utility payments. To this amount, you can surely add about 20% of the cost of utility payments. This year is expected to show further increase of the cost…

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Urgent purchase of real estate in Prague – how does it work?

Urgent purchase of real estate in Prague – how does it work?

Let`s consider 3 typical cases when you urgently need to sell an apartment in Prague:   You urgently need to sell an apartment in Prague, but there is almost no time to search for potential buyers?     You need to pay off your mortgage early for a second apartment ?     You need to…

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Buying an apartment in Prague by foreigners – the survey

Buying an apartment in Prague by foreigners – the survey

“Prague has been ranked as one the best three cities in Europe for buying an apartment by foreigners” reports InterNations, one of the largest Internet resources in Europe. The results of the survey are more relevant to expats, but it is quite possible to apply them to foreigners. What is the difference between expats and…

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