Prague Real Estate
A Prague real estate update outlining what has been happening on the market in Q2 and Q3 2011. Khuppi gives suggestions about how sales and rentals have been going with regard to Prague real estate and what suggestions he would have for those renting out in the next few months. Interested in Prague real estate? Feel free to contact Khuppi with questions or for a free rental or resale valuation. What has the Prague real estate market done since last time we spoke? At the moment in Prague, rental market has been doing quite well since second quarter in an attractive area. Studios, apartments, and 1 bedroom apartment has been the biggest demand for rent, and property prices has rebound slowly up to 1% in the historic city center Prague 1, Prague 2 Vinohrady, Prague 1 Nove Mesto, Stare Mesto. Why do you think that things have changed this way? We could see Prague economy recovering and stability in all industry. Unemployment over 9.5% in January has dropped to 8.1% in the last report in June. As we stop seeing property price going down, most buyers and investors feel this is the right time making decision while still many buyers and investors still looking for better location or district. What would be your recommendation for Prague property owners over the next months? Of course, we always recommend to be flexible in terms of price, to avoid long vacancy period. For sure they can increase up to 5% the price. And be sure that …
January 4, 2012 No Comments
wine and olive farm for sale in Paarl, South Africa
This property is situated on the boundaries of the Bergriver and surrounded by famous wineries. The Cape Dutch house dates back to 1920. The farm is currently let with a 6 month notice period and has a good rental income. Until 2006 the farm has produced Merlot wines and cold pressed olive oil. Good area, nice views, easy access and close to centre of Paarl. The farm is adjacent to a bird sanctuary with large dams and plenty of bird life. This property needs renovation and has great potential to be re-developed into a wine and olive estate with guest accomodation facilities. Census Real Estate are specialists in Lifestyle, Hospitality and Investment property in the Cape Winelands of South Africa
January 3, 2012 No Comments