
The buyers
The buyers are a British couple, who have been visiting Cesky Krumlov
regularly for several years. X is a chief executive of a small
company, working in inner city regeneration and Y is a freelance editor
with several publishing houses. In Britain they live in a small town in
the Cotswolds. X decided that she wanted to have a base here -
somewhere which could be a retreat from the stressful nature of her
work. She was very clear that she wanted it to be close to nature and
away from Krumlov's tourists, having had enough of tourists in her home
town. She would have been happy with a cabin in the woods, but Y as an
editor and writer of books on the history and restoration of buildings
expressed an interest in having an old building. A secondary
consideration was the possibility of using the property in some way to
help create a pension for the two of them.
The initial budget was 1,000,000 kc (then around £23,000) mark,
although
X was interested in the
property being a restoration project over several years and so the
final budget would be greater. Other criteria included access to public
transport, including the train line.
The search
After scouring the estate agents' books and the internet sites, our
lead came from local connections. Often properties never make it to the
open market in the Czech Repulblic. but rather are sold through
word-of-mouth. Our contact showed us around a number of properties and
X fell in love with a property in a small, up-and-coming village
on the edge of the Sumava National Park, half way between Cesky Krumlov
and Lake Lipno. The property is an old 5-bedroom farmhouse with
two-storey barn and orchard nestling into the hillside overlooking the
village. The house is typical of the German-style farmhouses of the
Sumava area - with large well-proportioned rooms on both floors and a
loftspace the size of a large-sized flat. The house comes with free
water supply, electricity but no gas. The property was slightly
over-budget, but the buyers considered it well worth the extra, as the
house gave them a range of unlooked-for options. The train station is
at the bottom of the road, a leisurely half hour walk away, with direct
links to Ceske Budjovice, Cesky Krumlov, Lake Lipno and the Sumava.

The result
Two years later the work on the farmhouse is complete, and the place
feels like a home from home. X's original idea of doing nothing to the
house and just camping in the house for a few years was abandonned
rapidly. Central heating has been installed, new wiring and plumbing,
two new bathrooms, a kitchen and new roofs (for house and barn) have
been added - the total cost including house purchase has so far grown
to about three times the initial budget. X and Y continue to keep
their options open, having built into the works the plumbing and
electrical wiring needed to turn the house into three self-contained
flats should they wish to go into holiday rentals market - the area is
popular with Dutch tourists. Another option they are considering is
renting out their Cotswold home and living in the Czech Republic for
the season. However currently they simply want to enjoy the fruits of
their labour and share it with family and friends. As for the large
two-storey barn and loft they will have to wait until they decide what
they want
to do with it. They have produced a blog about buying their house and
life in the Czech Republic -
http://czechproperty.blogspot.com