There is no better time to invest in Property in Prague. Strong economic and demographic factors have produced what we believe to be one of the world’s best investment property opportunities. These include:
Capital Appreciation anticipated of over 10% min p.a over the next 5 years.High rental yields achievable – 5-8% gross.Shortage of quality new homes being built.Low interest rates – sub 4%.Increasingly sophisticated mortgage products becoming available – 85% LTV and up to 100% finance available in certain cases.
Prague offers over four million sq m of office space, including over three million sq m in the commercial sector. Over one-third of the spaces comprise premises meeting the highest European quality standards.Prime rentals are around the city center of around 15 euro to 19 per meter square per month. Every year, contracts for the sale and lease of over 100,000 sq m are executed.
A number of new projects are being prepared for the utilization of land next to the main transport routes. The rent in the most modern industrial properties (storage and logistics) amounts to EUR 5 – 6/m2/month.