Real Estate Market
Forms of Ownership
There are following kinds of real estate ownership in the Czech Republic:
- Real estate owned by state
- Real estate owned by regions
- Real estate owned by municipalities
- Real estate owned by other juristic persons (e.g. companies, cooperatives and associations)
- Real estate owned by natural persons
Building Permission Process
Czech planning processes are similar to those of EU countries. A construction project generally has to be approved by the relevant authorities in the following steps:
1. Environmental Impact Assessment (minimum 5 – 6 months):
a. Impact Identification Commission (minimum 2 months)
b. Impact Assessment (minimum 3-4 months)
2. Planning Permit (2-3 months)
3. Integrated Permit (2-5 months)
4. Building Permit (1-2 months)
5. Final Inspection (1month)
Land Pricing
The price of land owned by the City and equipped with technical and utilities infrastructure is open to negotiation, but must be approved by the Ostrava City Assembly.
The City of Ostrava has prepared updated access to land pricing through its GISMO information system. The system outlines parcel divisions and cadastre registrations. You can use the system’s maps to see specific areas of land, and the texts to review pricing. For information, see http://gisova.ostrava.cz.
Pricing Maps for building sites in Ostrava consist of:
1. Graphic print out of lots at a scale of 1: 5000 with prices marked
2. Accompanying Text
3. Electronic version through the City’s GISMO information system
Original printed maps can also be acquired by making a request to the City of Ostrava, Department of Finance and Budgeting, Prokešovo nám. 8, Ostrava.
Digital versions of maps are stored at the Department of Municipal Information Systems, Prokešovo nám. 8, Ostrava, and on the Internet at http://gisova.ostrava.cz.
Useful Links
http://gisova.ostrava.cz- Map Server of the Ostrava City Authority
http://www.czechinvest.org/trh-nemovitosti- CzechInvest - Investment and Business Development Agency