Even a few generations ago, six people lived in one room. Today, the same number of people have six different keys — each to their own apartment.

According to the Czech Statistical Office, single-member households already account for almost 32% of all households, which is the highest number in history (source: https://1url.cz/VJI2). And it's not just about big cities. Approximately 28% of households live independently in Havlíčkov Brod (source: https://1url.cz/GJI29).

What does this mean for investors?
A clear signal: smaller apartments have a strong future ahead of them. They have long been among the most sought after, have stable occupancy, and demand for them regularly exceeds supply.

Typical tenants of these apartments are individuals and young couples who are looking for a functional and well-designed space, good transport accessibility and complete civic amenities in the surrounding area.

1. Yield calculation — the basis of every successful investment

Before you start dealing with the availability or location, check to see if the apartment makes financial sense. The basis is the calculation of the annual yield:

(Potential monthly rent × 12) ÷ purchase price of the apartment

The result shows how effectively your investment will be valued. We consider a value of at least 4% per annum to be a sound investment. If you get lower, it is worth considering whether the purchase price is not too high, whether it makes sense to negotiate a better price or whether the apartment does not offer additional potential, for example, renovation or layout modification.

2. Check the attractiveness and development of the city

In practice, it comes down to a simple question: is this a place people want to live? You can check the evolution of the population at the link below. If a city is growing or steadily holding population, this is a positive signal for long-term investment.

Havlíčkův Brod has maintained a stable population for a long time, which is excellent news for the district town:
https://obyvateleceska.cz/havlickuv-brod/havlickuv-brod/568414

3. Employment opportunities and civic amenities

Good availability of employment and services significantly affects the demand for rental housing. We recommend monitoring the availability of job opportunities within a radius of roughly 25 km — many cities benefit from the proximity of large employers in surrounding districts. For example, Havlíčkův Brod is ideal for commuting to Jihlava or Humpolec. Equally important are civic amenities: hospitals, schools, offices, post offices, sports venues or cultural opportunities. All this determines whether the city will grow or, conversely, lose residents.

4. Key parameters that determine the interest of tenants

When choosing an investment apartment, focus especially on the location and walking distance. Cafes, fitness, cinema or restaurants nearby significantly increase the attractiveness of the apartment. The layout and light also play a big role — even a smaller apartment can seem very comfortable if it is well designed. The availability of public transport or train connections is also important, since many tenants do not have their own car.

In conclusion

When buying an investment property, a number of details play a role. But if you proceed from the above steps, you reduce the risks and significantly increase the chances that your investment will pay off in the long run.

If you want to discuss a specific apartment, look at the numbers, or just fine-tune your investment strategy, we're here for you. We have been home in Havlíčkův Brod for more than thirty years and we are happy to help you make a decision that will make sense today and in many years to come.