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Buying a Property in the Czech Republic

Buying a Property in the Czech Republic

Communications

Telephone

The international access code for the Czech Republic is 420. The outgoing code is 00 followed by the relevant country code (for example, 0044 for the United Kingdom).

Landlines are difficult and costly to obtain, and expensive to run. Most Czechs do not have them, using mobile phones instead. Mobile services, provided by Eurotel, Oskar and T-Mobile, are efficient, but currently quite expensive. Coverage is excellent throughout the country.

Internet

High-speed Internet services are increasingly available, though coverage is not yet universal. Cybercafés are widespread, and becoming more so all the time.

Post

The postal service, though improving, is generally slow and not very reliable.

And finally …

Buying a property abroad is a major decision, and one that must be researched thoroughly. First, decide what you want from your property (which will vary according to how you intend to use it), and then do as much fact finding as possible, including visiting your chosen destination at different times of year. Establish your budget, and stick to it.

Proceed with caution, remembering that, sadly, there are in every country people who will take advantage of those they regard as wealthy foreigners. Never sign any document until you are satisfied that you fully understand what you are committing yourself to.

It is essential to obtain professional advice and guidance tailored to your individual circumstances, especially in areas like property purchase, potential rental returns, taxation and mortgages.

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More pages

Page 1: Why the Czech Republic?
Page 2: Brno
Page 3: Taxation
Page 4: Communications

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