Moving to the Czech Republic as a foreigner comes with unique challenges, but we're here to help make it a smooth journey.

Living in the Czech Republic as an expat means navigating a few hurdles, and one common challenge is finding a place to call your own. For those still undecided, renting is a good option while you explore Czechia and decide on your long-term plans. But if you’re considering a more permanent stay and curious about the real estate market, let’s dive into some essential insights. ---

Real Estate in Czechia: The Cities to Watch

If you're in the country for work, chances are you’re based in either Prague or Brno, the main hubs for international professionals. Property prices in these cities are steadily rising, making a home purchase a sound investment for the long term. Over the past three years, the average price per square meter in Prague has increased from 111,386 CZK to 131,835 CZK, and in Brno from 96,527 CZK to 106,298 CZK. ---

Getting a Mortgage as a Foreigner: Requirements and Documents

Securing a mortgage in the Czech Republic as a foreigner is possible with some preparation. Here’s what you generally need to qualify: 1. 1 - **Valid residency permit** or **long-term visa** 2. 2 - **Stable income** from a Czech employer or a reliable income source from abroad 3. 3 - **Good credit history** (or at least a record of good payment behavior)

Even without a credit history, consistent payment behavior for small purchases or installment plans, like electronics, can be beneficial.

Required Documentation

Be prepared for some paperwork! Here’s a checklist of the main documents you’ll need:

Proof of identity (e.g., passport)
Residency permit or long-term visa
Employment contract or proof of income
Recent bank statements
Credit history report
Property purchase contract

Many financial brokers specialize in helping foreigners and can assist with the documentation to ensure you meet the bank’s requirements. For a more detailed guide, check out our **[Mortgage Guide for Foreigners](/services/mortgages-and-loans/mortgages-for-foreigners)**. ---

Current Mortgage Rates in Czechia

You may be wondering about the current mortgage rates. At the time of writing, rates vary between 4.49% and 7.00%, depending on the mortgage type and specific terms. ---

Considering a Mortgage or Real Estate Investment?

If you're in the market for a mortgage or are looking for a promising investment opportunity in Czech real estate, don’t hesitate to **[reach out to us](/contact)**. We’ll connect you with the right broker for your needs, allowing you to focus on settling into your new life in Czechia. If you are interested in estimation of your monthly mortgage payments, you can use our **[Mortgage Calculator](/mortgage-calculator)**. ---

Navigating a new country’s real estate market can be challenging, but with the right guidance, you can find your home in Czechia.

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