Renters in Czechia face surging service costs and hidden fees from landlords
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Real estate experts urge landlords to list costs for rent and service fees separately, clearly stating which services tenants' deposits cover.
EU approves EUR 90 million to boost affordable housing in Czechia
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The funds could help create or renovate at least 800 apartments in an effort to remedy the country's lack of quality rental housing.
Mushroom kingdom: Czechia unveils world's first fungi-based house
A Czech-made house built from mushroom-based material could revolutionize eco-friendly construction by replacing polystyrene with mycelium.
Would you live in a moldy basement for CZK 6,000? Some Prague renters say 'yes'
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Fake rental ads appearing on real estate servers this week exposed just how desperate people are for affordable housing.
Czech real estate in 2025: Five trends and tips for renters, buyers, and investors
Prices, supply, demand, and types of housing will all develop in the next 12 months: here's what to watch out for.
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Average price for new Prague apartments breaks new record
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Amid a doubling in the amount of new-build apartments being sold in the capital in the last 12 months, prices have risen by over 5 percent.
An innovative Czech start-up aims to revolutionize the property market
By doing away with conventional barriers to buying property, ‘Kousek Bytu’ could be the solution to the problems faced by aspiring homeowners in Czechia
Is 2024 the year to take out a mortgage in Czechia?
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The prospect of renewed house price growth makes now a good time to consider buying a home.
The rent-to-own concept is turning dreams of Czech property ownership into reality
A product new to the Czech market opens up the possibility of home ownership for those unable to obtain a mortgage loan.
Czech mortgage rates continue decline: Will home ownership become cheaper?
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The Czech central bank is likely to continue reducing the base interest rate as more people purchase property nationwide.
CNB cuts interest rate, pushing Czech crown to weakest level in almost two years
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Good intentions are behind the reduction in the interest rate, though, as the central bank hopes to stimulate spending and boost mortgages' accessibility.
Czech National Bank removes major hurdle in securing a mortgage
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An upcoming change will mean that, from 2024, people with higher levels of debt and lower incomes have a much higher chance of acquiring a mortgage.
New survey: 80 percent of Czechs struggle to buy their own home
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High mortgage rates and increasing property prices have pushed a lot of prospective Czech homeowners out of the market, although optimism is slowly rising.
Czech millennials are struggling to get mortgages due to soaring rates
A recent survey conducted among Czech residents aged 25-34 revealed that obtaining a mortgage has become impossible for a large percentage.
Prices for older Czech apartments to rise due to slowdown in construction
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While higher construction costs and other factors have led developers to cut back on new flats, demand is expected to rise.
Czech National Bank maintains interest rate at 7 percent
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Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
Czech National Bank removes major obstacle in acquiring a mortgage
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The move follows in the footsteps of a devastating year for the Czech real estate market due to plummeting sales.
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