Czech Republic

Despite being landlocked, Czech Republic - one of the most attractive countries for investors in Europe. This country attracts long history, favorable climate and economic situation, as well as high levels of education and balneological resorts. Formed in 1993 as a result of the division of the former Czechoslovak Federal Republic into two independent states, the Czech Republic has already become a member of the European Union and from 31 December 2007 will go down in the Schengen. However, the level of prices in the Czech Republic is still lower than in many other EU countries. For example, according to company Bila Vrana, a family of 4 people, having their own homes, can live in the Czech Republic on 15-20 thousand crowns (1 ruble = 0,8 CZK) per month. For Russians, as this country is interesting is the fact that a significant number of citizens of Russia and the ethnic Russian population has already managed to acquire property not only in the capital city - Prague, but in other parts of the country. No wonder Czechs have nicknamed themselves "Russian Vary" world-famous spa town Karlovy Vary.

The formation of the Czech real estate market strongly influenced by the processes of restitution and privatization. Restitution involves the return of property from state ownership to former owners or their heirs. "Despite the fact that this process is almost complete, thanks to him on the market, a large number of relatively inexpensive real estate. Some low cost due to the fact that most real estate is subject to reconstruction, and new owners often do not have the funds for this purpose ", - explained the director of the Silver World sro Alex Garpienko.

Privatization, in turn, affected mainly industrial and commercial facilities, and transfer to private ownership of housing stock is relatively slow. That is why ownership of housing in the Czech Republic are quite diverse: in addition to private, there is a cooperative and public housing, hired house. "The share of private housing is about 30%", - the expert said.

As the general director of Light City sro Michael Sergachev, at the moment ready to buy, lived-the small house in Prague or in the vicinity may be for 80,000-100,000 thousand dollars and above. Apartments same in the old part of Prague or in the most prestigious districts (districts of Prague-1-8) with a good European repair and value-added services to the tenants leave at least 1,2-2 thousand dollars per square meter. But the cost of the "square" in the new monolithic homes varies, depending on the location and condition of the apartment, from 500 to 4 thousand dollars

As for the land, then, according to CEO Michael Bila Vrana Mitryukova, 1 square. pm in Prague sold on average for 1.6 thousand euros, while in another no less beloved by Russians town of Karlovy Vary takes over 1,2 thousand euro.

But buyers looking for "budget" version will be able to find a decent property in northern Bohemia. "For example, 80 km from Prague you can buy four-room apartment for only 348-480 thousand kronor ($ 1 = 21 CZK), but on the outskirts of major regional centers of cost per square meter of land is 720-960 Kč, - commented A. Garpienko of Silver World sro

It is important to remember that buy real estate in the Czech Republic can only be a legal entity. Experts note that the most appropriate form of legal entity to purchase a property and then obtain a residence permit is sro - Analog Russia LLC. After the acquisition of real estate will have to pay the state fee for renewal of real estate, representing 3% of the transaction. Also, according to M. Mitryukova, the activity of legal entity subject to taxation at a rate of 26% as income tax and a 5-percent VAT. Annual accounting services will cost the founder of the company at about $ 100 per year.

However, the acquisition of real estate in the Czech Republic has its advantages. Thus, in contrast to the Balkan states, the Czech Republic is pleased to provide mortgage loans to foreigners at rates ranging from 3.5% to 7% per year. Thus the standard conditions of the size of equity should be at the time of purchase only 30%.

Rising prices an average of the Czech Republic is stable and is around 10-15% per year. "But if you bought a mansion to rent, then the average rate of return on invested capital will be 20-30% per year", - A. Garpienko sure.

Slovakia

As you know, investments are most profitable and efficient in the stage of growth. It is this process there is now in Slovakia. Formed in 1993 after the collapse of the Czechoslovak Federative Republic and Slovakia in the same year joined the Council of Europe, and in 2004 became a member of the European Union. Now, the state is actively developing a variety of industries, tourism, the national market come major international companies. Total 3-hour flight separates the capital city of Moscow, Bratislava, Slovakia, but until you can get from Russia and by rail.

An important factor that led investors to pay attention to this country, is a low cost housing. According to the Deputy Director of the company «Best Active - Silver World" Hope Dorofeeva, the average cost per square meter in the country is 1 thousand dollars "are also the sites for $ 300 per" square ". In a quiet and cozy town can be quite possible to buy a good apartment for 10-15 thousand euros ", - she said.

Bratislava a few more. One-room apartment of 40 sq. meters will cost 67 thousand euros, and 60 two-bedroom apartment. m - 89 thousand euro, and for two-bedroom would have to pay 118.52 euros. With regard to land, then in the outskirts of the capital, land prices the highest in the country: the home area of 130 sq. m with a plot of 500 sq. m can be purchased for 237 thousand euros. "For the same money, but at 20-30 km from Bratislava you can count on an area of 180-260 sq ft house and land in 1-1,5 ha", - said N. Dorofeeva.

Slovakia liberal to foreign investment. Both individuals and legal entities are allowed to acquire privately owned residential and commercial property and land with a building permit. Agricultural land and forests have the right to buy a legal entity, registered in the country.

Additional spending of investor also small: at registration fee shall be paid 250 euros and 350 euros is paid for bank services. Taxes on real estate in the order of 100-200 euros per year, utilities will cost 100 euros per month. However, if you bought a property, sell it at a higher price, you will have to pay a tax of 19%. However, owning real estate in Slovakia more than 5 years, the owner shall be exempt from this tax in the implementation of housing.

As the mortgage, the Slovak banks are willing to provide a mortgage loan up to 100% of the value of the property during construction. In the secondary market loan amount, usually between 70%, and mortgages for new homes will receive up to 90% of the cost of housing. Credit is given an average of 20 years under the rate of 3,5-6% per annum.

Poland

One of the "dark horses" of Eastern European real estate market is Poland. After Poland joined the EU, the real estate market of the republic began to come, investors from many countries in Europe. However, despite the fact that Poland is famous for its ancient cities, healing mineral waters and curative mud, the actions of the Russians on the sale of housing in this country can not be called active.

"Unfortunately, real estate in Poland, the most interesting inhabitants of border regions of our country, especially for Kaliningrad, as well as those who have business in this state. Meanwhile, the average price of 1 square. m the country not more than 2 thousand Zloty (1 zloty equals 9,36 rubles) ", - commented the CEO of" Almar "Mariusz Zagurskii.

According to him, the most expensive properties are concentrated in Warsaw. For example, an apartment of 23 square meters. m in the center of the capital can be bought for 290 thousand PLN (96,7 thousand dollars), two-bedroom apartment in an area of 36 square. meters will cost 360 thousand zlotys, or (120 thousand dollars), but for $ 124 five-room apartment. m will have to pay 670 thousand zlotys (223.4 thousand U.S. dollars). In the famous Krakow prices a little cheaper. Thus, one-bedroom apartment of 25 sq. km. meters will cost 60 thousand dollars

Relatively high prices for Poland stored in seaside resorts. For example, in Gdansk apartment area of 78 squares of 100 m from the sea sold for 263 thousand dollars on the other hand, mainland resorts of the country is still low prices. In the city of Augusta a two-room apartment in 53,1 square. m sold for 44,2 thousand dollars

The procedure for non-citizens purchasing property in Poland is regulated by law "On the acquisition of immovable property by foreigners." In accordance with the provisions of this Act, a foreign national should not receive a permit only if they acquire an apartment or a free-standing residential real estate. In other cases, requires permission from the Ministry of Internal Affairs. Land in the country can buy only registered legal entities in Poland. The state duty for granting permission to commit civil law deals with the subject property is 1000 PLN, for the issuance Promesse (promises permitting) - 60 PLN. Utility payments will not exceed U.S. $ 70-100 per month

Experts say that a mortgage in Poland you can get, but Russia's citizens prefer to pay immediately. "So far, compared with Russia's housing prices, the value of the Polish real estate seems more than acceptable", - assured M. Zagursky.

Of course, the investment climate in Poland is significantly affected not too neighborly dialogue between the two countries. "In practice, if Rossiyanin had a certificate of purchase of an apartment, a visa to Poland was given immediately, now it is no longer valid. But glad that Poland will soon enter the Schengen zone, which means that the conditions for entry of Russians will have to adjust for pan-European measurements ", - summarized M. Zagursky.