Michal Smetana · Updated 30/09/2026
Buy-to-let in Liberec: rental yield, rent and cash flow (2026)
Is a buy-to-let flat in Liberec worth it? Rent 289 CZK/m², price 96,538 CZK/m², gross yield 3.6%. Cash flow and IRR of a 45 m² mortgaged flat for long-term and short-term letting.
A 45 m² flat in Liberec at the average price of 4,340,000 CZK lets long-term for about 13,000 CZK a month, a gross yield of 3.6%.With an 80% mortgage, in the first year you top up 9,917 CZK a month. The return on equity (IRR) including a sale after 10 years is 7.6%, rated "investment with caveats".
The market in Liberec
| Average rent | 289 CZK/m² a month |
|---|---|
| Average asking price | 96,538 CZK/m² |
| Gross yield | 3.6% (10 of 13 regional capitals) |
| Short-term letting: average nightly rate | 1,500 CZK |
| Tourist tax | 30 CZK per person per night |
Long-term or short-term letting?
A 45 m² flat for 4,340,000 CZK, deposit 868,000 CZK, 30-year mortgage, sale after 10 years at 4% annual price growth.
| Long-term let | Short-term (Airbnb) | |
|---|---|---|
| Monthly income | 13,000 CZK | 31,920 CZK (revenue at 70% occupancy) |
| Cash flow after tax, year 1 | -9,917 CZK | -17,440 CZK |
| Return on equity (IRR) | 7.6% | 2.3% |
| IRR in the pessimistic scenario | 0.6% | -5.9% |
| No monthly top-up from | rent of 21,653 CZK | not reachable |
| Rating | investment with caveats | weak investment |
To rate green as a good investment, the flat would have to cost at most 2,920,000 CZK, 33% below the average. Short-term letting at an average 1,500 CZK a night does not work in Liberec: not even full occupancy would cover the mortgage, host management, platform fees, cleaning and tax. The IRR at 70% occupancy is only 2.3%.
All cities are compared in the rental yield index. See also how to read the results and Airbnb or a long-term let.
Assumptions
- Price = average price per m² × 45 m², 20% deposit, interest at the current market average.
- Owners' association payments, property tax, insurance and maintenance by city; for a long-term let one empty month at the start and half a month at each change of tenant.
- Short-term letting: 70% occupancy, 20% host management, 15% platform fees, cleaning, energy, furnishing 250,000 CZK, run as a side trade.
- Personal income tax. Data as of 30 September 2026.
Other cities
- Buy-to-let in Ústí nad Labem
- Buy-to-let in Jihlava
- Buy-to-let in Ostrava
- Buy-to-let in Pardubice
- Buy-to-let in Pilsen
- Buy-to-let in Zlín
- Buy-to-let in Hradec Králové
- Buy-to-let in Karlovy Vary
- Buy-to-let in Olomouc
- Buy-to-let in České Budějovice
- Buy-to-let in Brno
- Buy-to-let in Prague
Frequently asked questions
Is a buy-to-let flat in Liberec worth it?
A 45 m² flat in Liberec at the average price of 4,340,000 CZK with a 20% deposit, let long-term, costs you 9,917 CZK a month. The return on equity including a sale after 10 years (IRR) is 7.6%, rated "investment with caveats". To rate green as a good investment, the flat would have to cost at most 2,920,000 CZK, 33% below the average.
What is the rental yield in Liberec?
The gross yield (annual rent / price) in Liberec is 3.6%, number 10 of 13 Czech regional capitals. The net yield after running costs is 2.8%.
How much is rent in Liberec?
Average rent in Liberec is 289 CZK per m² a month (Deloitte Rent Index Q2 2026), so roughly 13,000 CZK for a 45 m² flat excluding service charges.
Does Airbnb pay off in Liberec?
Short-term letting at an average 1,500 CZK a night does not work in Liberec: not even full occupancy would cover the mortgage, host management, platform fees, cleaning and tax. The IRR at 70% occupancy is only 2.3%.
Sources
- Deloitte Rent Index Q2 2026
- Newstream: Deloitte Rent Index Q2 2026, rents in all regional capitals
- Nemovitomat: asking prices of flats, August 2026
- Realiťák roku / CEMAP: flat prices 2016-2026
- AirROI: short-term rental data by region 8/2025-7/2026
This text is indicative and does not replace tax, legal or financial advice. For binding decisions consult a Czech tax adviser. · Privacy policy · Terms of use ·