Buying And Selling Real Estate In Czech Republic (Updated)

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KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CZECH REPUBLIC LAW -

I. Types of Real Property Transactions

a) Purchase of an undeveloped plot of land

b) Purchase of a developed plot of land

c) Purchase of a building (that is not part of plot of land)

d) Purchase of an apartment

e) Purchase of a right to build

f) Through a share deal with a corporation that purchases and sells the real estate

Note: The right to build is right in rem related to a plot of land consisting in a right to have an overground or underground structure whether yet existing or future. It is considered according to Czech law as an immovable asset.

Please see full Chapter below for more information.

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