Living in the Czech Republic

There is no problem with rental living, but you must count with the fact the rental fees, like elsewhere in the world, will swallow an important part of your incomes. According to the laws in force, up to now the foreigners cannot acquire either a house or a flat into their possession or gain a mortgage. It is however sure to be changed during several years.

As the living in one's own flat is much more advantageous than in tenancy, the Czech Open Institute has prepared a special project "czechliving" that will make accessible a cheaper living for you already now.

We will buy for you a suitable realty financed from the hypothecary credit. You will pay a monthly "rent" so high as to cover the credit instalments and other necessary expenses. And whilst in case of a rent the realty will never be yours, we will transfer the realty, after the payment of the whole credit, into your ownership. Of course, we will go on taking care of it, ensure maintenance, repairs, etc.