Prague will sell out and record prices. Stedn tda only reaches for rent
Record prices and even record sales from should announce a real estate bubble. But don’t go down and the apartments in the metropolis are practically sold out. In the first half of the year alone, 4,750 flats were sold, ie the same as for the whole of 2020. The Prague market is gradually leaving Wednesday, which shifts its volume to Stedoeskhoregions. Peter Viovsk, director of the LEXXUS real estate agency, reveals more about customer motivation.
The dream is now about your own availability living has definitely faded. Anyone who can reach their own apartment in the metropolis buys. I can invest in my rent and invest my pension outside the capital, most often in real estate Stedoeskm county, Peter Viovsk, director of real estate agency LEXXUS, is approaching the buyers.
Record sales prove that people in real estate protect against the threat of inflation and in the future dependence on the state.People do not know that they reach a reasonable pension and income from rent is a great investment strategy. The long-term first price of the apartment is a bonus,of Viovsk.
Him or a mortgage? The difference in profit is 5.8 million over 15 years
Especially her name in Prague is still speaking for them living. In the investment horizon of fifteen years, the owner living vtz. Investing in your own living is minimal risk. Its advantage is the regular income and growth of real estate value over time. In a few years, the hunter will have a palette of options for disposing of his property, Viovsk explains that if the hunter thinks, it is especially important to invest in your own and thus save on the wall is a suitable way not only to pay for years.
director of real estate agency for a comparative example:
If in 2005 the tenant rented a 2 + kk apartment in Prague 9, which he exchanged for 3 + kk in 2010 and paid an average market for fifteen years, he paid a 2.35 million rent by 2020. However, if in 2005 the tenant drank the entire apartment for the same 2 + kk apartment, he drank 2.2 million. After five years, he decided to sell and bought a 3 + kk apartment for a mortgage for 3.8 million. If he sold the apartment for a thorn price in 2020 and repaid the mortgage, he would spend 3.45 million. |
From this point of view, it is not surprising that there are still many people interested in buying real estate – even through deposits, which in Prague are on average only below 3%. The apartment is with regard to the speed of permitting new construction and the lack of building materials and work is heard. Mortgage years are also attractive, which are still below 3%. So below the current level of inflation Viovsk concludes with the fact that due to the excessive market, prices will not fall in the foreseeable future.
Karel Pluha
CEO, Topic PR