| After experiencing price falls in 2008 and 2009, residential property markets in the Czech Republic stagnated for most of 2010 and in early-2011. With the government in dire need of funds, it is mulling unification of the value-added tax (VAT) rate to the higher tier.
The average price of Czech apartments was CZK1,719, 229 (€70,603) in February 2011, according to realitymorava.ck, the biggest and leading residential property portal in the country..............................................Full Article: Source
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