Investment property in the Czech Republic

Updated 5 October 2026

Apartments in Prague, Brno and spa towns. We check the property in the cadastre, handle the deal and help with letting.

The Czech Republic is an EU country with a steady housing market in Prague, Brno and spa towns. For investors it has two key advantages. First, foreigners buy apartments, houses and commercial premises on the same terms as citizens; restrictions remain only on agricultural and forest land. Second, the real estate acquisition tax was abolished by Act No. 386/2020, so there is no separate tax on the purchase price. Below: how to buy an investment apartment in the Czech Republic, the taxes an owner pays and what to know about residence.

What a foreigner can buy

• Apartments, houses and commercial premises on the same terms as Czech citizens and local companies.
• Agricultural and forest land with restrictions for foreign buyers, so land outside towns is checked separately.
• Buying through a Czech company suits several properties and letting but adds the company's bookkeeping and taxes.

Taxes on purchase and ownership

• On purchase there is no acquisition tax: it was abolished by Act No. 386/2020.
• On ownership the owner pays annual real estate tax, with rates depending on the type of property and municipality.
• On rent Czech income tax applies, and a non-resident must also consider tax at home.

More on our Czech taxes page.

An investment apartment: what to look at

• Location and rental demand. Proximity to transport, universities and business districts decides how fast it lets.
• Type of ownership. An apartment may be in personal ownership or cooperative, where you buy a share in the cooperative, not the apartment itself. These carry different risks.
• The building's condition and owners' meeting decisions on future repairs.
• Encumbrances in the cadastre - mortgages, easements, seizures.

Residence

Buying property in the Czech Republic does not give residence. You can live there on other grounds - work, business, study or the remote specialist programme - and the apartment then proves accommodation. See Czech remote work visa.

How a purchase works

1. Goal and budget. We define the goal: letting, resale or a home for relocation.
2. Shortlist. We select properties and compare expected rental yields.
3. Cadastre checks. We check the owner, type of ownership, encumbrances and debts.
4. Contract and payment. We prepare the purchase contract; payment goes through a notary, lawyer or bank escrow.
5. Cadastre entry. We file to enter ownership in the cadastre.
6. Letting. We help find a tenant and keep income and tax records.

Why deals fall through

• the apartment turned out to be cooperative, while the buyer expected personal ownership;
• the cadastre shows a mortgage or seizure;
• the plot is agricultural or forest land;
• the bank will not accept funds without a verified source.

What we do

We select an investment property, check it in the cadastre, handle the contract and payment, register ownership and help with letting. A manager will calculate the cost in the chat.

What we do

• Property shortlist for your investment goal
• Legal due diligence on the property
• End-to-end transaction support
• Ownership structuring (company, trust)
• Property management and letting

See also

Company formation · Business account · Personal account · All country programs

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