Prague is a "safe bet" for buy-to-let investors

Prague is continuing to be popular with buy-to-let investors and is a reliable choice for good rental yields, according to a property investment website.

Nathan Brown, owner of Czech Point 101, said that Prague is the city in the Czech Republic which continues to attract the most interest from UK investors, possibly because it "appeals to the heart and is great to vacation in".

He also suggested that its popularity is possibly due to the name recognition factors, saying: "It's not fun in social circles to talk about an investment in a city where you can hardly pronounce its name."

However, Mr Brown did suggest that other places in the country, such as Brno and Ostrava, offer "excellent alternatives" to the popular short-haul weekend destination city of Prague.

"Brno's rental yields are currently slightly above Prague's - about one per cent higher - and Ostrava is similar," he said.

"Ostrava is an area for investors with a higher risk tolerance. The prices are certainly depressed there compared to Brno and Prague, but the rents are also lower."

There is a growing investor interest in these areas, he added, explaining that large foreign companies are moving there and a major highway is being built.

Prague's historic centre is a Unesco World Heritage Site.

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