Czech Republic

Round Trip Transaction Costs - Czech Republic Compared to Continent

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Denmark	2.05%
Lithuania	2.35%
Slovak Rep.	3.10%
Estonia	3.81%
Liechtenstein	3.90%
UK	5.03%
Norway	5.06%
Latvia	5.16%
Macedonia	5.24%
Switzerland	5.74%
Sweden	6.54%
Poland	6.61%
Slovenia	6.92%
Ireland	6.96%
Romania	7.58%
Serbia	8.15%
Montenegro	8.28%
Czech Rep.	9.20%
Malta	9.23%
Turkey	9.93%
Andorra	10.00%
Finland	10.15%
Hungary	10.58%
Netherlands	11.03%
Cyprus	11.09%
Germany	11.46%
Austria	11.82%
Spain	12.16%
Ukraine	12.50%
Portugal	13.65%
Croatia	13.87%
Greece	15.47%
Luxembourg	15.65%
France	16.30%
Italy	17.00%
Belgium	17.88%
Monaco	19.65%
Moldova	20.62%
Bulgaria	24.88%
Russia	25.00%

 

 

Czech Republic: Round trip transaction costs (%).

The total cost of buying and then re-selling a residential property, including all costs (except the sale price itself), expressed as percentage of the property value.

Assumptions:

• The property is purchased by a non-resident foreigner in the country where he/she is buying
• The property is worth US$250,000 (250,000 for Europe)
• The property is paid in cash
• The property is a condominium located in a major city
• The property is not newly-built
• The property is bought from an individual and not a developer or real estate holding company.

Transaction costs can be broken down into four major cost areas:

• Registration costs
• Real estate agent fees
• Legal fees
• Sales and transfer taxes

Other incidental costs (survey fees, residency permit cost, or company setup costs), are not included in our calculations. In most cases value added tax (VAT) is not included, because our figures reflect the purchase of old, not new, properties.

Costs paid by buyers and sellers vary widely. Agents and lawyers costs are often negotiable. Buyers of expensive properties often pay proportionately lower agents fees. For the full spectrum of possible transaction costs see the Country | Buying Guide.

For fuller details see the Data FAQ.

Source: Global Property Guide Research

 

The Czech Republic publishes annual house price statistics in the Statistical Yearbook of the Czech Statistical Office (CSO). General economics statistics are also available from CSO. The Czech National Bank has money and banking statistics.