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Czech mortgages – LTV decreasing
New rules being introduced by the Czech National Bank mean that soon Czech banks will no longer be legally able to offer 100% LTV mortgages (the…
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Real estate agents must change their thinking
Simon Tweddle: „ Applicants for a job in the real estate industry need to understand, that it´s not just buy – sell. A agent should first…
Read moreWhat is Perpetual usufruct in Poland?
Perpetual usufruct (right of perpetual usufruct, RPU) is the English-language term often used by Polish lawyers to describe the Polish version of public ground lease. It…
Read moreCzech Company Databoxes
This article is only relevant if you own a Czech property via a Czech company. A Czech databox („datová schránka“ in Czech) is the electronic method…
Read moreHow to change the bank account where the tenant pays the rent in the Czech Republic?
Q: What do you need to do if you want/need to change the bank account where the tenant pays the rent which is different than that…
Read moreWhy buy property in the Czech Republic?
Not only have we had record temperatures this July in the Czech Republic, but the property market is Prague continues to get hotter and hotter. For…
Read moreCzech property tax overview
This article gives an overview of the main taxes that a property owner would need to deal with in the Czech Republic. Personal tax number Property…
Read moreCzech property sales tax
UPDATE: this article is now redundant as the property sales tax has been converted into a buying tax from 1.11.2016. When selling a property in the…
Read moreHow to avoid high Czech mortgage redemption penalties
How to avoid high Czech mortgage redemption penalties At Sim Property we’ve done a lot of sales over the years for our clients throughout the Czech…
Read moreMax LTV decreasing for mortgages in Germany
The max LTV for foreigners looking to get a mortgage in Germany is currently 70%, however, due to changes in the mortgage laws this will decrease…
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