Financing Available to Foreigners
Q: Are mortgages available to foreigners?
A: Yes,
As a foreign citizen you can get a mortgage for buying real property in Czech
Republic. You should probably expect to put down about 30 % depending on various
factors. Probably the most convenient, cost effective and stress free way to
arrange a mortgage is through a mortgage broker. We have found the services of
some local brokers to be extremely useful and we have relationships established
with some leading brokers. There are several banks that have recently created vehicles for
financing the purchase of real estate for foreigners. If you would prefer to do
the paperwork and the negotiations yourself, we can provide the contact
information at your request. Please feel free to contact info@propertyinprague.com
for further information.
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