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Every six apartments buy to rent

In Prague, 16% of

apartments bought for rental Approximately  16%  of  new  apartments  in  Prague  people  buy  in  order  to  subsequently lease them. For their own accommodation apartment buy 73% of Czechs and foreigners. Another  11%  of  apartments  in  new  buildings  acquired  for  investment  to  conserve  cash. This  is  according  to  a  survey  research  company  CEEC  Research  in  collaboration  with KPMG. Most  beneficial  to  real  estate  companies  investors  are  Russians,  who  usually  do  not conduct lengthy negotiations about the price of apartments. For customers deciding factor when  choosing  apartments  are  the  price  and  the  area,  and  only  then  ­  accessibility  or reputation of the developer. For the first five months of 2014, developers sold 2,500 new in Prague apartments, which is 17% higher than in 2013. One reason for the growth of sales are record­low mortgage rates. 07/04/2014

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Every six apartments buy to rent | Prague Telegraph .pdf ...

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