How much do the Czechs earn? Let’s take a look at Czech wallets and purses. The official average salary for Czechs is about 27’000 CZK per month (around 1000€). That might give you an idea of how low-cost Czech Republic is compared to e.g. Germany, our closest neighbour, with the average salary about 3’500€. How […]
Tag: apartment
Guide to Picking Best Location to Live in Prague
If you plan to move to Prague soon for work or studies you might have already done your research and found out Prague is divided into districts, every one of which has been designated a number. In brief, Prague 1 and 2 are the most central ones, while Prague 12 and 15 are quite remote. […]
How to Adapt in a New Country
September is the month of the new arrivals. International students and young professionals arrive to the Czech Republic eager to find their new home in the middle of Europe. According to the statistics, most of them will stay for at least 1 year, although, some may move to CZ permanently. Let’s speak more about what […]
What If I can’t Find an Apartment?
In September demand for long-term accommodation increases exponentially, just like demand for red roses and heart-shaped chocolates before Valentine’s day. Why so? To start with, the 1st of September is the beginning of a school and university year. As Czech Republic is a popular destination for foreign students’ education, hundreds of students arrive to CZ […]
Termination of the Lease Agreement
Renting an apartment is a complex process, which only ends with the end of the lease agreement and tenant moving out of the rented apartment. It’s important to know your rights and understand all the aspects of the lease agreement. Procedure of the end of the lease agreement is also incorporated in the lease agreement. […]
Apartment Handover
After challenging apartment search, having a signed lease agreement in your hand surely feels like a great relief. But don’t put down the guard just yet 🙂 There is one more crucial step awaiting: actual apartment handover. It is the process, when the landlord is handing the apartment to the tenant. It is also your […]
Truth about your Landlord
Who is your Landlord? The official definition of the word Landlord states, that a landlord is the owner of the house, apartment or other real estate, which is rented or leased to another individual (tenant). In case you’re renting out the apartment or a house directly from the owner, you’ll probably meet him/her at least […]
Benefits of Buying Property in Prague
In a fast-changing world, it’s significant to create a secure and stable environment. Making money is important, however, making the money work for you is even more crucial. And what’s the optimal way to increase your wealth is to make a smart investment. While there are different options for your future invesment – such as investing […]
Buying property in CZ in 10 simple steps
Making a decision to become a property owner is a big milestone, congratulations! However, there’s a huge gap between making a decision and actually getting the keys to the new apartment. What lies behind the legal requirements, Czech laws and estate agents’ claims? Foreigners.cz brings you a step-by-step instruction to guide you in the world […]
10 Tips for Buying Property in CZ
Buying property in the Czech Republic is a smart choice whether you’ve been living in CZ for a while or have just recently decided to relocate. Prices of property in the Czech Republic are especially attractive for foreigners coming from the countries, where exchange rates favor their local currency. 1. Investigation and thorough analyses come first. […]