Czechia second least affordable country in Europe for home ownership

Czechia is the second least affordable country in Europe for owning your own home, with an average of 13 gross annual salaries needed to purchase a property of 70 square metres, according to the latest Deloitte Property Index. The country has slightly improved its ranking, having been rated as the worst last year. The number one spot has now been taken by Slovakia.

Meanwhile, Prague is the third most expensive European city for purchasing housing, after Amsterdam and Bratislava. An average of 14.3 gross annual salaries is needed to buy a property in the capital.