List (.pdf)
Real estate
Home
Questions and answersQuestions and answers about buying and selling real estate through a company in Europe
Questions and answersQuestions and answers about buying and selling real estate through a company in Europe
In this section we answer the most frequently asked questions about purchasing real estate. If you do not find the answer to your question here, please contact our consultants. We will be happy to help you completely free of charge and without any obligations.
Can I buy real estate in the Czech Republic?
Yes. Residents of the Czech Republic have the right to purchase real estate without any restrictions, either as individuals or through a company. Foreign citizens can purchase real estate only through a company registered in the Czech Republic.
Yes. Residents of the Czech Republic have the right to purchase real estate without any restrictions, either as individuals or through a company. Foreign citizens can purchase real estate only through a company registered in the Czech Republic.
How can I register a company in the Czech Republic to purchase real estate later?
Offshore Express LLC Group of Lawyers will provide all necessary services for company registration and for the later registration of real estate in the name of this company.
Offshore Express LLC Group of Lawyers will provide all necessary services for company registration and for the later registration of real estate in the name of this company.
Will I receive a residence permit in the Czech Republic if I buy real estate there?
Yes. After registering a company in the Czech Republic and purchasing real estate in the name of this company, you and your family receive the right to reside in the Czech Republic. Your children will be able to study at educational institutions in the Czech Republic.
Yes. After registering a company in the Czech Republic and purchasing real estate in the name of this company, you and your family receive the right to reside in the Czech Republic. Your children will be able to study at educational institutions in the Czech Republic.
How is payment made for purchased real estate?
After signing the real estate purchase agreement, the buyer must make an advance payment to the bank account of the notary office within the period set by the agreement. After registration and transfer of the real estate to the buyer, and after the seller provides an extract from the real estate register showing the new owner, the funds placed in the bank account of the notary office will be transferred to the seller's account.
We do not recommend making an advance payment for purchased real estate directly to the seller's bank account.
After signing the real estate purchase agreement, the buyer must make an advance payment to the bank account of the notary office within the period set by the agreement. After registration and transfer of the real estate to the buyer, and after the seller provides an extract from the real estate register showing the new owner, the funds placed in the bank account of the notary office will be transferred to the seller's account.
We do not recommend making an advance payment for purchased real estate directly to the seller's bank account.
Can I get a loan to buy real estate in the Czech Republic?
Many Czech banks specialise in mortgage loans. A loan may be provided for a period from 5 to 25 years at 5-6% per year. There is no need to find separate security for the loan because the purchased property itself is used as security.
Many Czech banks specialise in mortgage loans. A loan may be provided for a period from 5 to 25 years at 5-6% per year. There is no need to find separate security for the loan because the purchased property itself is used as security.
Where can I find real estate offers in the Czech Republic?
You can see offers of real estate for sale on the following websites: www.reality.cz, www.sreality.cz, www.netrealit.cz.
You can see offers of real estate for sale on the following websites: www.reality.cz, www.sreality.cz, www.netrealit.cz.
What methods of purchasing real estate are available in the Czech Republic?
You can purchase real estate as private property, arrange a long-term lease for 99 years, or become a member of a cooperative.
You can purchase real estate as private property, arrange a long-term lease for 99 years, or become a member of a cooperative.
What should I pay attention to when buying real estate?
When purchasing real estate, you should pay attention to the following:
Before purchasing real estate in the Czech Republic, we strongly recommend that you obtain advice from the experts of Offshore Express LLC Group of Lawyers.
When purchasing real estate, you should pay attention to the following:
the seller must have the right to sell the property and there must be no obstacles to transfer of ownership.
the premises must be transferred to the buyer free of the seller's personal property.
if land is purchased, it is necessary to obtain information about whether the land is suitable for construction, any zoning restrictions and the proximity of utilities such as water, gas, electricity and telephone lines.
the real estate purchase agreement must provide that if registration or transfer of the real estate to the buyer is refused, the money already paid will be returned to the buyer immediately.
Before purchasing real estate in the Czech Republic, we strongly recommend that you obtain advice from the experts of Offshore Express LLC Group of Lawyers.