Tampa Real Estate Sizzle…Your Best Source for Tampa Real Estate, Tampa Neighborhoods, South Tampa Real Estate, Florida Condominiums and The Latest News on The International Real Estate Market
Jackie Colson-Miller
Direct - (813)629-5757
Toni Everett Company
5000 Bayshore Blvd
Tampa, FL 33611
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DO YOU WANT TO LIVE IN PRAGUE??
Prague is
an incredible city situated on both sides of the Vltava river. The historical center has six distinct quarters, which were once independent cities: Josefov, Old Town, New Town, Little Quarter Hradcany and Vysehrad. A mix of many architectural styles, from Baroque to Modern, Castles to Office buildings, this city has been dubbed the Paris of Eastern Europe .
IT IS A SELLERS MARKET IN PRAGUE
Properties in Prague are in high demand, but Prague is still a relative bargain compared to the rest of Europe. A member of the European Union, the Czech Republic has not yet converted to the Euro. Once the Euro takes hold, the prices will rise, some predict, as much as 30% just in the currency conversion. Prices in Prague Centre range from $250,000 to over a Million, depending on the size and location of the apartment.
CAN A FOREIGNER PURCHASE PROPERTY IN PRAGUE?
Foreigners can set up a limited liability company called an S.R.O.The S.R.O. can then buy the property. Mortgages are available, but generally for 70% Loan to Value, or less.
It is truly a beautiful city to visit, or to live.
This entry was posted on Monday, April 23rd, 2007 at 1:26 am and is filed under International Real Estate, Project Blogger, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
