- EUR / CZK
Apologize for clickbait title. No, Santa Claus still does not live in Czechia.
Deep salute to everyone.
I want to show, what is possible to consider, in Czech real estate. It is not easy, but doable. The idea would be a Czech DBL Clubhouse sort of.
WHY Plzeňský kraj (& Karlovarský kraj) is a strategical option ?
PLZEŇ (Pilsen, original Pils beer conservation process) :
- strategical hub on German industrial freight supply chain
- 175 219 inhabitants in 2021
- richest Czech region after Praha
- close to German & Austrian borders
- 2h from Nuremberg/DE, 2h30 from Chemnitz/DE
- 3h15 from Linz/AT
- draining € from Germany & Austria
- many Czech cross-border workers, geting € wages
- German & Austrian tourists & secondary house owners
- German & Austrian companies, subcontractors & workshops
- huge recipient of highways network EU subsidies program
- 6h30 from Lorraine
- 4h30 from Alsace
- 1h15 from Praha
- huge vietnamese & czech cross-border shops: alcohol, gasoline, tobacco, …
- Rozvadov King’s Casino & Resort, draining players from all Europe
- natural parks, truck-camping parks, ski resorts, thermal baths, castles, …
- wide market of hotels, penzions, flats , holiday family homes
REQUIREMENTS FOR THE CREW :
- 5 broz , 5 bedrooms
- 5 x €10K = house price + renovation budget + fees = €50K
- dedication & involvement in the project
- time disponibility
- broz of Czech DBL section
- broz of French Grand-Est region, Lorraine, Alsace
- broz of Germany, is there any ?
- technical basic knowledge in buildings: electricity, cementery, roofing
- real estate renovation experience
- physical meetings to build the trust, reach mutual agreements, organize the crew, plan & share the tasks
- easiest renovations could be done by ourselves
- we would manage/guide, Czech workers on site
- one bro would have to be on site during the works
BATHROOM & WATER BILL MATTER :
- The Penzion standard is each room with own toilet & shower.
- It’s a bit more of renovation work & technical burden.
- New underground pipes should be diged & connected.
- But each chamber can have its own water-meter for co-owning fees sharing.
- Still have to mind the electrical bill sharing.
- Chambers can be rented €20 to €30 by night, on Booking or Airbnb.
- DBL brothers could be hosted for visiting the country.
- Doors shall be locked by code, for privacy, security & rental purposes.
- Sending code by mail or sms is better than a physical key.
- Code can be changed remotely by internet.
I have to dig deeper legal aspects of a multi-owners contract in Czech laws.
EVOLUTION OF THE MARKET :
- In 2018 , tons of such houses were available.
- Now, they have nearly all been bought by Czech & German investors.
- Germans have been afraid by Merkel’s Refugees Welcome 1.5million arrivals.
- German & Austrian love Czechia for biking, trekking, truck-camping, etc…
- (recruitment opportunity for DBL in Germany ?)
- No time to loose, because prices are regularly inflating .
The best Czech real estate website :
Bless you all. Give me a like.