Key Factors of the Czech Real Estate Market

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Key Factors of the Czech Real Estate Market

  • Any foreigner can purchase property in the Czech Republic
  • Not licensed real estate market
  • Market governed by the Czech Civil Code
  • Registry of Cadastral Office
  • Prague market is not an exclusive market
  • Single official listing system missing

Not an Exclusive Market

The real estate market in Prague is not an exclusive market. This means that a listed property could be offered by other agencies as well.

Although the number of exclusively listed properties is increasing, still the majority of offered properties are listed by multiple agencies.

Single Official Listing System is Missing

There is no single multiple listing system on the Czech market where you could find all the properties on one place. In order to scan the entire market you must search on multiple listing servers. And still you could not be sure that you checked it entirely.

If you are searching for a property, we recommend you to choose an experienced agent who will represent you during the search and save you a lot of time!

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Words from our past clients

We have been cooperating with Philip & Frank brokers for a few years. Throughout that time it has been proved that it was a good choice. We are especially satisfied with their transparency and regular information about the progress of each project. At the same time we have always been in control of all decision-making. We will be happy to recommend them and their legal services to our friends and relatives. It was our pleasure warking with them.

Martin and Tereza K.

While we were selling our flat, we approached the brokers of Philip & Frank who had been recommended to us. I was really satisfied and delighted. Their truly professional approach – meetings with us, organization of tours of the flat with clients and arranging the formal aspects of the sale, including cooperation with an excellent lawyer – was astonishing. I appreciate their competence and I recommend this real estate agency to other clients.

Ludmila K.

Thanks to the professionalism of Philip & Frank real estate brokers I learned that even purchasing a property can be a pleasant experience. Their thoroughness, reliability, helpfulness and kindness enabled us to concentrate only on the property. We were relieved of all the worries regarding the purchase and we could simply enjoy buying the flat. That is what you dream of but I would never have thought that it could come true. Thank you for your perfect services!

Zuzana P.

contact us

Company Address
Philip & Frank s.r.o.
Viktora Huga 359/6
150 00 Praha 5
Czech Republic