Czech Republic Mortgages
Complete property services in the Czech Republic
- Sim Property delivers a full range of Czech property services, from
rentals &
property management to
resales.
- We actively cover Prague, Brno, Ostrava and beyond with our own offices & staff.
- Contact us for more about our full range of Czech property services.
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The mortgage market in the
Czech Republic
has matured substantially in the last few years
and now has probably the
best mortgage market in Central and Eastern Europe.
Highlights of the Czech mortgage market
- traditionally a low base rate country
- high LTV finance, 80-85% is typical
- interest rates between 5.0 - 6.0%
- 30 year terms
- upfront costs 0 to 1%
- relatively painless paperwork
- mortgages available for self-employed persons
- refinance is available
- currently interest only mortgages are not available
The size of the mortgage market (compared to GDP) is still quite small,
thus there is huge room for growth.
The Czech mortgage market continues to grow rapidly.
Czech banks have been making records profits
and the competition between them is driving improvements for customers.
Contact us for a
mortgage quote.
