Investing In Property In The Czech Republic Makes perfect sense - high capital growth, No CGT, laws in favour of the landlord and a massive shortage of property - Ticks all the boxes?? You Bet

"Prices have continued to rise in the Czech Republic despite a global credit crunch" states PragueProperty4Less MD Damian Qualter. " We have been inundated by requests from our 20,000+ list of subscribers to find opportunities to invest in property that will give excellent returns and low-risk. We have been selling property in the Czech Republic now for over 4 years and have had excellent feedback from those who have already invested - many making double-digit returns annually"

Will the bubble Burst?

Not according to Damian " The market is booming - the Czech Republic is becoming a powerhouse throughout Eastern Europe. The economy is growing at 7% pa. There is a massive shortage of new property being built to replace the crumbling Panelaks (former State controlled housing). The 25-40 year olds are now aspiring to live the lifestyles of their European counterparts. Estimates from the Czech Statistical Offices reveals the need to build 50,000 new dwellings annually until 2010"

Czech Law Is Pro-landlord

The legal system is easy and in favour of the landlord (currently 90% of the population lives in the state controlled housing sector. Rents can be freely agreed and if the tenant fails to pay they can be quickly removed at their expense!! (Happy Days)

Transaction Costs Are Low

The Czech Republic offers low transaction costs to buying property from other countries. There is the added benefit of no CGT if the property is held for 5years +.

Prague: Small City - Big Heart

Prague itself is one of Europes most beautiful cities. The Czech Republic has a total population circa 10.2m and is centrally based with many Blue Chip companies setting up their European distribution centres there.

Property Investment in Prague offers excellent opportunities for those wanting to spread their risk. " We currently have properties in the 2nd and 3rd cities starting at £30,000" stated Qualter " These offer low risk- high reward opportunities. Our first scheme in Ostrava sold out in days we are just working on new deals all the time"

"We offer a one stop shop including lettings, mortgage advice and legals from team of UK and czech nationals that we have built up over the years. I personally have bought property in Prague recently that hasshown returns of over 18% in less than 6 months"

"We handhold our clients throughout the whole process"

-Ends-

For More Information on opportunities in the Czech Republic contact Damian Qualter TEL: 08450 637 638 email: dq@buyproperty4less.com web: www.pragueproperty4less.com