Prague: Strong Foreign Demand for Real Estate

Published: October 21, 2013; 07:11 · (Vindobona)

About a third of the buyers of Prague-based apartments are foreigners. Most buyers are Slovaks or Vietnamese.

Prague: Strong Foreign Demand for Real Estate / Picture: © Flickr

In total, 30% of the new apartments are bought by foreigners, the Czech newspaper Pravo writes. After the Czech Republic has joined the EU, the rise of foreign buyers has risen steadily.

According to Pravo, most buyers are Slovaks and Vietnamese, followed by Ukrainians and Russians. However, foreign investors are not only interested in Prague-based apartments. Other cities with a…

This article includes a total of 135 words.

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