F.A.Q's
   

Frequently Asked Questions
Q. I don’t speak Czech - is this likely to be a problem?
A. No. English is very widely spoken throughout Prague.
Q. Can I buy more than one property?
A. Yes. The SRO allows you to buy an unlimited amount of properties
Q. What is the stamp Duty and VAT costs?
A. Currently there is no stamp duty due on purchases and a relatively small 3% charge on resale properties. VAT on new build properties is currently 5% but this is set to rise to 19% for properties not registered before 1 January 2008.
Q. Why is there such demand in Prague?
A. Approx one third of the Czech Republic's population need re housing due to poor quality housing from the communist era. It is estimated that 50,000 new homes need to be finished annually until 2010 to meet this housing need and the majority of housing is required in Prague itself.
Q. What are the Capital Gains Tax implications?
A.  Should you own a property in your own name for more than 5 years no tax is payable. Otherwise corporation tax is currently 26%.
Q. What are the service charges for apartments?
A. Normally just a few Czech Crowns per square metre per month to cover communal areas is payable. On average 50p per sq/mtr
Q. Can I resell my investment?
A. Yes. You can resell your investment at any time even before completion as all the contracts are fully assignable.
Q. How do I get to look at the properties?
A. We offer 2 day accompanied visits to clients at £89 per person, £149 per couple or 2 people sharing. This includes flights and 5 star luxury hotel accommodation. The accompanied visits are not compulsory.

Welcome to Prague Properties

Something New...

Ostrava - Now Available!!!! Deposits 5%, 100% LTV Available & Prices from 45k Click Here for further information

BUDAPEST, Please call our office for further details on 0845 070 5545

   

Malý Háj - Prague 10 Offered to you from the developers who brought to us the beautiful Nova Harfa. Malý Háj is located in Prague's Rícanka natural park. For price lists, floor plans & visuals please contact our office

 

Developments:

Jini Stran - New to PPi

 

Kejruv Mlyn -Now Available

prices & floor plans available on request

Modrany - Phase 1 Sold Out!

Our most exciting development to date. New photographs taken on site are now available to view - please click here.

Modrany - Phase 2, Selling Fast

Prices and floor plans now available!!! If you have any queries about Phase II please call us now for further information.

Zbraslav

One of Prague's most affluent and sought after residential areas. Prices starting from 66k full PRICES AVAILABLE as well as Photographs

River Lofts

NO DEPOSITS - 100% LTV

This exciting development along the river bank has almost sold out!!! Don't miss out...call our iffices direct on 0845 070 5545 for further details.

All our existing investors can now check how construction on their investment is progressing, just link to the latest developments on the development page to see construction photography.

Extra Feature. . .

By joining our mailing list feature you will receive regular updates about new investment opportunities. . .

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Accompanied Visits FAQ's How property investment works  

Join us in Prague as see for yourself the development sites.

Take in the history and culture of this the Golden City.....

 As a property investor in a foreign country there are always a number of questions to be asked. Please feel free to study these and ask us if the answer is not there.....
  • Capital Growth           
  • Invest Early          
  • Rental Income      
  • Rental Demand    
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Telephone: (0) 151 531 1145 info@praguepropertyinvestments.com Fax: +44 (0) 151 531 1141