Czechs increasingly renting cottages and chalets, prices spike

Estate agents have noted increased interest in renting cottages and ski chalets, and not just in the high season but year-round, according to a survey by state news agency ČTK.

Bezrealitky.cz executive director Hendrik Meyer said the motivation to rent rather than own is not just a question of money; Czechs increasingly do not want to be tied to a single weekend retreat or holiday spot. The most desirable locations are in the mountains and near waterways, within a reasonable drive from Prague, Brno and other large cities, he said.

Fincentrum Reality's Martin Fojtík said interest in renting cottages has doubled over the past four years, and prices have risen 15 per cent year-on-year. M & M Reality's Jan Martin said demand has risen in tandem with rising concerns over security in some popular foreign destinations, such as Egypt and Tunisia.