Development land market in the Czech Republic: a valid building permit can double the price of a property
The crisis of the building permit procedure, coupled with its failed digitalisation, has also affected the area of development land transactions for further construction. The increasingly lengthy process of obtaining a building permit has opened up the price scissors between land that has a valid permit and those that do not. According to real estate consultancy 108 REAL ESTATE, which specialises in this type of deals, the price difference can be up to double. Meanwhile, in 2025, investor activity did not decrease, but rather increased slightly, only excluding properties for speculative construction without a known tenant in advance. This was particularly evident in the price growth of well-prepared plots in attractive locations, where a price of EUR 150 per square metre is not exceptional. This applies not only to the usual areas around Prague and Brno, but also to Liberec.
