How to proceed when purchasing property from PSN

The procedure for buying a property varies from project to project. For more information, please visit the project website directly.

Select a project

Frequently asked questions

I am a citizen from a country outside of the EU. Is it possible to purchase a flat in the Czech Republic as a private individual or is it necessary to set up a company?

The restriction on the purchase of a flat for clients from outside of the EU is no longer valid.
These clients can now also purchase a flat as a private individual.

How high is the tax ratefor the acquisition of property?

The real estate acquisition tax was abolished on September 26, 2020.

Do the purchase prices specified on the PSN web pages and on the pages of PSN’s residential projects include VAT?

The purchase prices of the flats shown are final and include any applicable VAT. But VAT does not apply to most of the properties that we sell, based on Section 56 (1) of Act No. 235/2004 Coll., on Value Added Tax (the transfer of buildings, flats and non-residential spaces is exempt from tax after 5 years elapses from the using of the first final construction approval or from the date when the building was first used).

Can I deduct the purchase price of the flat from my taxes?

Only subjects for which the acquired flat is used for and related to their business activities and that fulfil other conditions can lower the income tax base by the purchase price of the flat.
If you include the flat in your business assets and will get income from it (e.g. from rent), then you will be able to deduct 1/30th of the purchase price each year for a period of 30 years, placed against the income, i.e. from the rent.

Is it possible to finance non-residential spaces with a mortgage loan?

It is possible under the assumption that the property assessor judges that the non-residential spaces are suitable for housing.

Do you have a question?

Contact us or send us your request. We look forward to helping you.