The time is right for investing in a holiday home in the Czech Republic. Moravia and Bohemia are prime vacation destinations and both areas have high investment potential.
As with all property investments you must have an idea of what you want to purchase, and for what reason. Whether it will be for you, friends and family to use as a getaway or whether you are looking to purchase and then rent. Location is also highly important, cottages near to ski slopes and villas in close proximity to the spa towns are always going to do very well, as long as you consider the rise and fall of seasonal periods.
The condition of the property is key in determining how much labour and funding the property will require before it is habitable, and how much time you have available to ensure it is up to standard, not to mention making the trips to the property for repairs and general maintenance. This can be stressful for property owners, particularly if they do not live close by. Real estate requires a lot of care and attention and all aspects must be considered as to how this will fit around your work and personal life before such a commitment is made.