Investors snap up 28 prague apartments in three weeks says prestige

Overseas property agency Prestige Brokers has reserved 28 apartments in three weeks at its latest development just outside Prague. The new scheme is “going really well for us”, says managing director Zeeshaan Shah.

Speaking exclusively to OPP this week, Shah said having “sold 28 apartments in 3 working weeks from launch”, Prestige has found that “a lot of the investors are repeat clients” from its investment scheme in Paris.

The investors “really like the idea of another 100% finance project in a key location within Europe”, says Shah, “with a guaranteed returns structure”.

He also believes that Prague has caught people’s attention because “it is the fastest-growing economy in Eastern and Central Europe; it is becoming a global business and tourism hub; it is a member state of the EU; it has not been badly affected by the global financial crisis; and as a fraction of its GDP, the Czech public debt is amongst the smallest in Europe.”

Source: OPP.org.uk