Land market development in the Czech Republic
Resource information
Date of publication
April 2005
Resource Language
ISBN / Resource ID
CZ2005000462
A sample of 24 districts (1/3 of the Czech Republic) was used to evaluate the land market. Land prices depended on the area, culture and region of the plot. Sales of small plots (up to 1 ha) prevailed. These plots were usually purchased for non-agricultural use and their prices were many times higher than prices of large plots (above 5 ha) which are usually bought for agricultural purpose. Land market is not well developed, only 0.2-0.4% of the monitored area was sold each year. Compared with land prices in the west EU countries, land market prices in the Czech Republic are low.
