Preparing for Sale · 15 October 2026 · 8 min read

Prague Apartment Buildings: Investor Due Diligence Checklist

Detail of the balustrade on a historic staircase

Due diligence is the point at which it becomes clear whether the asking price will stand up to scrutiny. Every missing document represents a risk to an investor, and every risk has a price. We use this checklist when preparing buildings for sale. Review what you have and what still needs to be obtained.

Ownership and legal matters

Land Registry extract and a copy of the cadastral map,
document establishing title (purchase agreement, inheritance order, restitution decision),
schedule of easements, charges and pre-emption rights,
for a building divided into individually owned units: the owner's declaration and the articles of the unit owners' association (SVJ),
for a company: Commercial Register extract, memorandum of association and financial statements.

Tenancies

rent roll (see our article on selling a building with tenants),
all tenancy agreements, including amendments,
schedule of security deposits and details of how they are held,
service charge reconciliations for the last 2 years,
schedule of tenants in arrears, termination notices and disputes.

Technical condition

available design documentation and floor plans,
inspection reports: electrical installations, gas, lightning protection, chimneys, lift and fire extinguishers,
schedule of repairs over the last 10 years, with invoices,
any structural and building condition surveys, and the building's energy performance certificate (PENB).

Operations and contracts

operating costs for the last 2–3 years,
contracts for property management, energy supply, cleaning and insurance,
insurance policy and claims history,
property tax: returns and payments.

Permits and regulatory matters

occupancy approval or other evidence of authorised use,
building permits for alterations carried out (additional storeys, changes of use),
information on heritage protection,
ongoing or planned proceedings involving the building authority or heritage authorities.

What to do when documents are missing

Older Prague buildings often lack complete documentation. This is normal, and investors expect it. What matters is knowing what is missing and being able to explain why. The building authority's archive, the Prague City Archives or a measured survey of the building as it stands can fill many gaps. An unknown carries a higher cost than a known defect.

Frequently asked questions

Do I need an energy performance certificate (PENB)?

Yes. When selling a building, the seller is required to present the energy performance certificate to the buyer.

How long does it take to prepare the documentation?

For a well-managed building, 2–4 weeks; longer for a building with missing documentation. We can obtain some of the documents on your behalf.

Next step

Request our checklist as a spreadsheet for your building. Call us or leave your contact details and we will send it to you.

Sources

Author: Maria Kopřivová, Pura Vida Property Advisory. Published 15 October 2026. This article is for information only and does not replace legal or tax advice.