They say money must make money. It is an axiom, and you can’t argue it. Money has a very unpleasant property as to go down in value. And the best way forall times against the depreciation of money was to invest them in real estate. But, of course, real estate differs. And the matter is not about the cost of the real estate, it’s about liquidity. And in terms of liquidity the apartment in Prague is ideal for investment. Firstly, it is the capital and the demand for rental apartments there remains and will remain constant. Secondly, very low property taxes allow overlooking this tax at all. Thirdly, an apartment in Prague can be easily sold and it is not necessary to be Czech. It can be done by any person. Naturally this can be applied to apartments which are privately owned.

   Buteven in the Prague there are different areas, different houses and therefore different real estates. If you are interested in buying an apartment in Prague with its subsequent rent you should pay attention to areas where there is underground line or where they are going to build new stations. Besides the center. Center is expensive and we recommend purchasing real estate in Prague 1 or 2 either for yourself or for further rent to tourists. For ordinary tenants Prague 4, 5, 6, 8 and 9 is more suitable. Prague 8 and 9 are very popular with students because there are any universities there.

   Here is an exampleof investing in Prague apartment. In spring 2009 our client Zlicin bought one-bedroom apartment with garage in a new building in Prague 5. The cost of the apartments was 1.7 million krones he spent more than 300 000 krones on purchasing the furniture, kitchenette and built-in cabinet. Total costs for the purchase and arrangement of the apartment were about two million krones.

   Then the apartment was rented. You can see photos of the apartment and its location here. A year later, the tenant moved out. The search for new tenants took about a week. Currently the rent is 8500 euro, utilities and electricity are paid by tenant. The rent is transferred monthly to our client’s account in Czech bank. So he gets about 100 000 krones per year for his apartment. 5 percent per year in Europe is very good. Especially if consider that this apartment has already risen in price for two years by about 10 percent. When buying an apartment in the secondary market or in a panel house the purchase costs will be less and earning capacity respectively will be higher.

   If you are interested in renting accommodations without any problems we recommend you buy one and two bedroom apartments in Prague. Not far from the subway, or at least from a tram or bus stop. Not necessarily to buy in a new house. The main thing is a pleasant looking house home and absence of Gypsy people. And it is very important to think about public utilities. The more they are high, the less is the attractiveness of such an apartment.

   If you are not short in money do not buy super-expensive large apartment. They are very, very difficult to rent. It is better to buy several two-bedroom apartments for the money. As a result profits will be even greater. Our managers will help you find the best apartment to buy in Prague and in future will help you to rent the purchased apartment. Just send us a message using the form in the Contact section.