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To build a private house in the Czech Republic will be 10% more expensive in 2020

To build a private house in the Czech Republic will be 10% more expensive in 2020

New environmental standards for energy consumption and conservation will come into force in the Czech Republic in 2020. For the individual self-builders who have already  received a construction permit, the former rules and standards will apply. But they are recommended to “join” new technologies today. Since 2016, according to the EU directive, the above standards…

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Mini apartments in Prague – is there a demand for small apartments?

Mini apartments in Prague – is there a demand for small apartments?

Three harmonious areas (living room, kitchen and bedroom), comfort spaces, scarcity of multiple physical barriers. All these advantages are quite achievable for such a concept as «Mini apartments in Prague». Mini apartments in Prague – 3 main advantages A mini apartment in the center of Prague will allow you to get a wider, and what…

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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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