The Czech Republic is an attractive country for foreign business. At the state level, favorable conditions for the development of entrepreneurial activity have been created and are strongly supported. Investment in Prague in commercial real estate is one of the priority areas of investment for foreign citizens.
Absolutely everyone can buy commercial real estate in the Czech Republic – both citizens and foreigners. You can make a deal to buy an office, a shop, a restaurant, a warehouse as an individual or a legal entity. In the country, there are no restrictions on the number of objects that can be purchased.
To purchase a property in Prague, you can use the services of specialized agencies or private realtors. Local experts are well aware of the market, the legal framework, the process of obtaining the necessary documentation and can offer the best solutions. As a rule, the services of a realtor can cost 2-2.5% of the amount of the entire transaction.
After buying the property, the owner must pay taxes on a mandatory basis. Object insurance is voluntary.
Investment in Prague in commercial real estate has its several features. All documents are in Czech language, so we recommend that you use the services of a court interpreter. To make a deal as a physical person you need to have a passport. To execute a transaction, a legal entity must provide a foreign passport of the business owner and registry data about his company.
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