Survey: Czechs Prefer Real Estate and Land, Interest in Savings Accounts Grows

Prague – The most interesting option for investment or savings for Czechs remains property ownership, whether it be a house or an apartment, which 76 percent of respondents would choose. This is a decrease of four percentage points year-on-year. 70 percent of those surveyed are interested in land ownership, which is four points less than last year. This comes from the February survey Barometer of Savings. The survey involved 1,000 respondents aged 16 and older.

In third place in the attractiveness of investments or savings for Czechs is a savings account, which 54 percent of respondents expressed a preference for. Interest in this has increased by 12 percentage points.

Currently, 50 percent of those surveyed consider precious metals an interesting investment, though interest has decreased by five points year-on-year. The results of the survey indicate that interest in stocks and bonds has increased by two percentage points year-on-year, with 37 percent of respondents opting for these.

The largest year-on-year drop in popularity has been observed in cryptocurrencies, which have fallen by seven percentage points to the current 18 percent. 28 percent of people consider building savings an interesting option, which has decreased by 20 percentage points.

Czechs continue to rely on traditional savings products. 31 percent of people mentioned term deposits. 36 percent of respondents find mutual funds interesting, while 32 percent consider supplementary pension savings appealing.

"We see a clear trend where people are increasingly seeking stable and secure forms of saving. Saving and investing in real estate, precious metals, or traditional banking products dominates over riskier alternatives, such as cryptocurrencies," commented the results manager Pavel Řihák.