Office space is one of the most sought-after commercial real estate in the Czech Republic. This is due to the active development of the business and the interest of foreign investors in the acquisition of office real estate. Traditionally, the most active buyers of office space are IT and media telecommunications companies, consulting agencies, agribusiness, life and real estate insurance organizations.
Both local and foreign investors can buy an office in the Czech Republic for the purpose of subsequent resale or long-term lease on favorable terms.
Experts note that in the past few years, the Czech Republic has been characterized by an increase in the cost of renting office premises. According to forecasts, this trend will continue to develop. Let’s look at the main reasons that influenced the increase in prices for office real estate.
The increase in the value of commercial real estate is a trend that is characteristic of large European cities. But this is most noticeably manifested in the Czech Republic, since the country has been leading for several years in a row among countries with the most favorable financial conditions for business development. Analysts indicate several reasons for the increase in the cost of office facilities:
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