Property in the Czech Republic could grow by 2% in 2013, and in 2014 – by 3%, said Tim Morgan, Director of Emerging Real Estate. Thus in 2012, property prices in the Czech Republic fell by 4%, reported OPP Connect.
Expert has positive view about the property market, as the Czech Republic poses minimal risk investment with all the potential for growth. Strong economy neighboring Germany, foreign trade relations which constitute over 29% of total turnover in the last 5 years, supports the real estate market in the Czech Republic, where are low unemployment and high levels of education.