PSN is involved in the sale and leasing of its own exclusive real estate only, specifically flats and commercial spaces.
We offer real estates throughout Prague as well as in Kladno, Pardubice, Hradec Králové and Slaný.
PSN’s stable growth strengthens its reliability on the real estate market, which the monetary institutes in the Czech Republic recognise with the offer of the best possible conditions for providing mortgage loans to the company’s clients.
» Kladno can boast of a past in which it transformed itself into a world-renowned industrial city during the 20th century.
» The rapid development made Kladno the most populous central bohemian city
» There is a very low unemployment rate in Kladno.
» Kladno is the gateway to the capital city of Prague.
Czechs have never been able to borrow for housing as inexpensively as they can at the current time. Plus the banks and brokers are spicing up the long-term low interest rates with more and more frequent sales events. The result is that market prices for flats have risen to the greatest extent since the crisis. According to data from the Czech Statistical Office, at the end of last year the prices for older flats rose by six percent year-on-year. In new buildings the prices increased by 1.6 percent.
The trend on the mortgage market will probably continue. The development of interest rates and the influx of new competitive offers show that the room for cheaper mortgages has still not been exhausted. According to data from the Golem Finance brokerage firm, banks went down with interest rates by another six hundredths of a percent in March. Thus on average a loan went for 2.24 percent of the annual rate.
“In the coming months we expect another drop in the rates. During April the banks have continued in their pricing activities and the average rate could drop to below 2.2 percent by the end of the month,” stated Libor Ostatek from Golem. In March alone five Czech banks rewrote their mortgage prices and in all but one of the cases they lowered them.
You will be informed of the sales and benefits in a regular newsletter.