All Forum Posts by: Libor Supcik

I rent [or what is it called from the landlord side?] in the Usti region which is in  the part called previously Sudety [all the Germans, guilty or not, were kicked out by Benes in 1945] and so there is the tradition of the lack of tradition or any homeland feel. Gypsy population [which is passionately unpopular with at least 2 thirds of the Czechs] is swarming here. So there is an online site-map of all the Czech property m2 prices [ask me later] based on the recent sales and you can see some cool concrete apartments being sold for less then 5% of Prague 8 [not the city] m2 just an hour or so far highway away. Go imagine, the renting is not so skewed since it is income-inelastic [state jobs like teachers], Praha or Sudety [we have mobility]. So yes, you can buy here, next to Germany, and have the tenants pay you a net monthly rent of some 1 - 2 % of the purchase price. And what more, the dreaded 4% realties purchase tax was abandoned in May 2020.

 Nothing to compare it to the rate in commercial webpages but more or less stable an income, innit.

I would be fair to mention whether the problem diagnose was the repairman's loss {and your free ride} or was it dr.Google.