Invest, Prague CZ
“The persons we pity who know not the City,
The wonderful city of Prague”
Czech Republic is well known for its stable economic state. During the global financial crisis prices for real estate in Prague haven’t significantly dropped. Because of its geographical location, its strong economy and its stable political climate, that Czech Republic remains one of the safest place to invest in Europe and probably in the world . Prices for Real Estate by the year 1992 have increased substantially compared to other European countries. Investing in CR, will provide you secure and stable profit reaching 10% yearly income. When other in other EU countries real estate prices are way over the limit, Prague allows you to buy quality property for a reasonable price. This means that the future price of the property will NOT suddenly drop, and will keep your money safe and secure.
The Economy
Over the past 10 years Czech Republic has developped rapidly. Obviously this fast growth has now been slowed down due to the worlwide financial crisis, but there is still a positive future in the short and long term.
Czech Republic is a very attractive country for investors not just thanks to its steadily growing economy but also thanks to a stable political situation, a qualified and low cost workforce, investment incentives and low costs of doing business.
Czech Property market
Prices of flats in the Czech Republic surged between 2000 to 2003 by 16.4% per annum, according to the Czech National Bank (CNB).
But Czech residential property prices started falling in the third quarter of 2008, after increasing significantly during the last fifteen years.
This makes Czech Republic among the best in Europe for buy-to-let property investment. This is made even truer by the low property prices in the country, with flats in center of Prague available from as little as €150,000.
The Future
The Czech Republic looks like becoming one of Europe's great emerging economies, reports Property Abroad. It is currently the focus of several major institutional investment funds, in its commercial sector.
Over the next few years there will be significant investment in developing the Czech transport infrastructure, continued investment and expansion of the commercial property sector and continually rising demand for residential rental property. This makes it a European export company's dream.
Why us?
FIFTY FIVE was founded in the year of 2006. After two years of global financial crisis, our team has managed not only to survive but to profit.
We provide secure and legal assistance during the buying process.
FIFTY FIVE allows you to find your home from our property database. Thanks to our experience in Prague, we have direct access to interesting and exclusive offers which we will match to your specific need. With our bank partners, we can find you appropriate financing.
FIFTY FIVE will provide you with a complete and safe ‚turn key‘ investment solution.
Welcome in Czech Republic... Welcome in Prague !