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Regular Updates on the markets in and around Prague, Czech Republic

Owner: johnprague

Listed in: Real Estate

Language: English

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Latest Blog Posts for Property CEE

  • Is it time to consider other markets?
    on Oct 10, 2010
    FLORIDA IS ATTRACTING EUROPEANS INVESTORS AT A HEIGHTENED PACEHere's something worth considering.  What about buying in the USA?  More and more Europeans are looking west and buying in Florida.  Property prices are at all time lows and...
  • And now a word from our sponsors
    on Oct 1, 2010
    Welcome to TVO EuropeTVO Europe Property Services, an affiliate of TVO Groupe North America (http://www.tvogroupe.com/), operates throughout Central and Eastern Europe providing Property & Facility Management and real estate related services fo...
  • Kulovy Blesk
    on Sep 26, 2010
    "The Biggest Event in the History of Migration!"  I bring up this great 1978 Czech movie because it is somewhat of a reflection of what someone at the recent CEDEM conference said is happening in the market.A young man or woman bought a small st...
  • H&M and Flats in Prague
    on Sep 21, 2010
    Ok, we've all seen them.  You know, the H&M suits that are made by the zillions by underage workers somewhere east of here.  They're made for the teens and 20 somethings who have not yet developed a waistline - and they're usually a gra...
  • "You can't do today's job with yesterday's methods and be in business tomorrow."
    on Sep 14, 2010
    It seems that almost every day some real estate developer or banker or agent is in the media trying to get us to believe that the market has turned and good days are just around the corner. They say prices are going back up 2-3% from last year but se...
  • Starting from the beginning
    on Sep 13, 2010
    Ok, I'm new to this blogging thing but I am a fan of collecting data and instead of hording it, I thought it would be better to share it and compare notes with other folks interested in property in Central Europe.I'm based in Prague.  I've been...
  • Mortgage Rates Stay Put - For The Time Being....
    on Sep 12, 2010
    Czech Central Banker Janacek Sees No `Immediate' Need for Rate IncreaseBy Peter Laca - (©Bloomberg) Sep 8, 2010Czech central bank board member Kamil Janacek said he sees no “immediate” need to raise interest rates after two colleagues suggested...
  • What's in store for rentals?
    on Sep 11, 2010
    Gross returns on rental income on Prague apartments has been averaging about 4% for over the last few years.  Smaller apartments typically generated higher yields, up to 5% for 40-sq. m units.  A typical apartment with 120 sq. m has a yield...
  • Mortgage numbers aren't showing signs of growth
    on Sep 11, 2010
    Mortgages fall 3% to CZK 38.5bn at end-June yr/yr ČTK | 2 August 2010  Prague, July 30 (CTK) - Czech banks provided Kc38.5bn worth of mortgage loans to households in H1 of the year, an annual drop of 3 percent, and Q2 mortgages...
  • NEWS: 14,000 resi units built in the first half of the year.
    on Sep 10, 2010
    Are developers reading? This was in the news recently. There's been a drop in units built. It does not say anything about the units sold however and from everything coming out of the mouths of agents, sales of new homes have dropped significantly. B...
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