Purchasing Property in the Czech Republic: Questions & Answers

Are you planning to own property in the Czech Republic? Purchasing property in the Czech Republic is a smart choice for expats, too. It is simple to get one and pays off in the long term. We collected some common questions we get asked by buyers of foreign nationalities and bring the answers to you. 


A basic question at the beginning – why buy property in the Czech Republic?

  • The process of finding the property and taking care of the property is easy. You can even hire people to maintain your property in your absence. If you feel putting your property on rent after buying it, and if you are looking for reliable tenants in the Czech Republic we can help you with that. 
  • It is generally known that the Czech Republic has a high standard of living, educated people, a dynamic economy, beautiful nature with hills and mountains. Last but not least, Prague, the Czech capital, is one of the most wonderful European cities. The second-largest city in the Czech Republic, Brno, is one of Europe’s rising stars – a flourishing European business centre point situated between other dynamic big cities like Prague, Vienna, Bratislava, Krakow, Munich or Budapest, served by non-stop flights from London and Prague.
  • With appropriate research – and the help of a reliable company, – the Czech Republic presently offers you a one of a kind chance to buy property to have profit out of it. 


Purchasing Property in the Czech Republic: Questions & Answers


The most common questions we get asked by prospective buyers of foreign nationalities: 


Can a foreign citizen buy property in the Czech Republic?

Yes, according to the European Union Law/Czech Republic Law anyone from any country can buy property in the Czech Republic. 

Where you can check the price of the property?

You can check our website where we offer properties including their prices

How much time does it take to get property? 

Sometimes it takes more than 60 to 90 days to get everything done and have property papers in hands. 

Can I get loans/mortgages to buy the property? 

Home loans are allowed to foreign people by nearby banks through recognized SRO (self-regulatory organization), the most options being available if you have a Czech residency.

  • To get the best rate for the mortgage it is useful to have a residency permit. It is not mandatory but without the residency permit you will have a higher interest rate.  
  • You must have at least 30 percent source to pay as a down payment. You can also have 15 percent of the required finances and then ask the bank to give you 85 percent LTV (the loan-to-value ratio) which will also mean that that bank will increase the interest rate, having 30 percent of down payment by yourself is the best option.
  • If you are employed by a company and you have income confirmed for at least the next 12 months then you can get the loan and if you are self-employed then you must show two years of tax returns to get the loan.

Tip: Clear your depth with the bank to get the best rate of interest. 


Purchasing Property in the Czech Republic: Questions & Answers


A home loan is regularly conceded under the accompanying five conditions: 

  • The sum loaned won’t surpass 85 percent than the maximal worth of the property, as esteemed by the bank’s own property assessment firm. 
  • The borrower must contribute their own assets at the very least degree of 15 percent of the greatest estimation of the property. 
  • The max loaning time frame can’t surpass 25 years. 
  • The loan cost is fixed for a limit of five years, after which it is recalculated by the moneylender. 
  • Loan costs right now go from three to six percent per annum.

Tip: Be careful while choosing your agency. If you need help with finding the right property for you, don’t hesitate to contact us. 

More curious? Check out the record of our Facebook webinar on the topic. 

Do you want to keep yourself updated? Join the Buying & Selling Property in the Czech Republic Facebook group.

Interested in purchasing property? Fill in this form and we will help you with anything you need!

Also, there are some important tips you should keep in mind before buying the property.


For further details, you can have a look at the Czech Point 101.


Supriya Joon

Hello readers, welcome to Foreigners blog. I am Supriya Joon, an expat living in the Czech Republic, I love traveling around the globe, so here I am sharing useful information about the Czech Republic. Hopefully, you like my articles!

3 thoughts on “Purchasing Property in the Czech Republic: Questions & Answers

  1. Dear Sir / Madam

    My name is Ricardo Cruz, im originally from Portugal but im living in Switzerland right know. I’m very interested about investing in property in the Czech Republic because i believe you have a interesting market.
    My girlfriend is from the Czech Republic that is why i know your country.
    My big questions is, is it possible for me to apply for a loan (70% percent of the total property price), as a foreigner? I know the czech law allows me but i don’t know if the bank would accept it. Maybe you had some experiences with other clients?

    Thank you very much for your kind help.

    Looking forward to your answer.

    Best regards
    Ricardo Cruz

  2. Hello Supriya, do you know any canadians who live in Czech republic? I can’t find any link on this webpage. If you can help – would be great 🙂
    thank you a lot for your article, helpful.We are thinking to move from Canada back to Europe
    Sincerely, Rina

  3. Hello,

    I’ m interested to purchase a peace of land (3,000 s.m ) including a house , in a illage near by the city of Berno (near the border with Austria).
    Please let me know the options,posebilities,prices,other costs etc’.
    Best regards,
    Jacob Rosenshine
    Mobile 972 0522454107

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