Since the demand for real estate in the Czech Republic is constantly increasing, the purchase of apartments is a profitable business in itself. In addition, if you consider leasing out of real estate, you are able to get to 15 percent per annum of the investment constantly.
The apartment can be leased out for a long term or a short term.
The Czech Republic is officially recognized as a tourist leader and Prague is one of the top 20 attended cities in the world. For this reason, the leasing out of an apartment purchased in Prague is a profitable business.
Here's an example of how this works:
You have purchased an apartment of 95 000 €, a daily lease of about €40 per day, with an average of 18 days per month, total: 20 * €40 = €720 per month. Yearly, there is about 8 640 €, which makes 9% of the invested funds. To this should be added the natural increase in real property value in Prague from 4% to 15% per annum. Accordingly, you can earn between 12% and 15% of the invested funds for one year.