Czech Republic: House Prices, Rents, and Rental Yields
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Find Property
Directory
Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
- Price/GDP per Cap
- Buy/Sell Costs
- Rental Income Tax
- Capital Gains Tax
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
- Taxes on Residents
Last Updated: May 21, 2009
Czech Republic yields, low
| Last Updated: May 21, 2009 | |||||
| PRAGUE - Apartments | COST (€) | YIELD (p.a.) | PRICE/SQ.M. (€) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 40 sq. m. | 199,840 | 622 | 3.73% | 4,996 | 15.55 |
| 60 sq. m. | 239,040 | 829 | 4.16% | 3,984 | 13.81 |
| 80 sq. m. | 319,520 | 978 | 3.67% | 3,994 | 12.22 |
| 120 sq. m. | 481,800 | 1,562 | 3.89% | 4,015 | 13.02 |
| 200 sq. m. | 859,800 | 2,602 | 3.63% | 4,299 | 13.01 |
| Stare Mesto, Josefov, Mala Strana, Nove Mesto, Vinohrady, Smichov, and Dejvice Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||||
Gross rental yields in Prague, the capital of the Czech Republic, were at 3.8% in May 2009. These yields are very low, and suggest that in future there will be downward pressure on the price of Czech residential property.
Square metre prices are at an average of €4,358, which is arguably rather high for a country at the income level of the Czech Republic (last year €3,860).
We do not believe that this situation is sustainable
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
RSS
Your Comments
Be the first to comment!