EXPAT WORKSHOP: Renting vs. Buying: Which is Right for You as an Expat?

Have you thought about purchasing a property🏡 in the Czech Republic🇨🇿 but don’t know where to start? Are you unsure about the bank limitations🏦, legal restrictions⚖️, and the concept of ‘cooperative’ ownership👩🏾‍🤝‍👩🏼👩🏽‍🤝‍👨🏼? Do you wonder about the challenges foreigners may encounter and whether it’s a good time to enter the housing market in 2023?📈 Then wonder no more - this event is right for you!

❗ ❗ Register: https://forms.gle/ZhhTrUQF8GpKZnuM8

Speakers:

🟡Robin Petrásek

Robin is a mortgage advisor and a guide for Expats looking to purchase a property in the Czech Republic with more than 10 years of experience. He is the CEO of Expats Finance, and the administrator of the Czech Expats Property Owners group on Facebook, the largest social media community focused on this niche. Furthermore, he occasionally contributes to Prague Morning as a writer, providing expert analysis on real estate and finance news.

🟡Eliška Valíčková

Eliška is a partner at ME:LEGAL s.r.o., law firm.

In the session we will cover:

• How difficult it is for an expat to buy a property (process of purchase))
• Requirements from the banks on getting a mortgage
• How much the banks can borrow you and how much to expect to pay on repayments
• Types of properties in the Czech republic and their specifics
• Pros and cons of being and owner vs tenant
• Legal aspect and process of buying property
• Renting as an expat – legal aspects
• Your rights as a tenant vs owner
• How to much can the landlord increase rent annually
• Most common disputes with landlords and how to prevent them