Short answers to questions from property owners.
- What services does Bohemian Estates offer?
- We let and manage flats and whole buildings, offer guaranteed rent, short-term rentals in Prague and Brno, property sales and purchases, and services for companies and developers. We can also help with mortgages, legal services, insurance, accounting and renovation.
- Where do you operate?
- Our offices are in Prague, Brno and Frýdek-Místek, from where we look after properties in the Ostrava region. We offer guaranteed rent in regional cities and their surroundings, and short-term rentals in Prague and Brno.
- How long have you been in business?
- Since 2006. Today we manage more than 2,000 properties with a total value of CZK 15 billion.
- What is the difference between property management and guaranteed rent?
- With property management, you let the flat to your own tenants and we take care of choosing them, the contracts, payments and maintenance. With guaranteed rent, we become the tenant of the flat and pay you the rent ourselves, even if the subtenant does not pay. Both are described on our rental page.
- Do you pay rent when the flat is empty?
- In the Comfort variant we pay the full rent while nobody lives in the flat, in the Security variant 60% and in the Yield variant CZK 1. If a tenant does not pay, the rent is guaranteed in every variant. The terms of each variant are in the price list.
- What if the tenant damages the flat?
- We guarantee the condition of the flat: when our cooperation ends, we return it in the condition in which we took it over. Tenants take out household and liability insurance, and we handle any insurance claims for you.
- How do you choose tenants?
- We check applicants in the criminal record register and in debtor registers, agree the terms with the chosen tenant and hand over the flat with a detailed handover report.
- How high can a rental deposit be in the Czech Republic?
- Under Section 2254 of the Czech Civil Code, the deposit together with any contractual penalties may not exceed three times the monthly rent. Advance payments for services do not count towards this limit.
- How do I keep track of my flat?
- In the Client Zone, which also works as a mobile app, you can see payments, income, contracts and the condition of the flat. Twice a year we also send you a report on the property with photos.
- Do I need to live in the Czech Republic?
- No. You sign contracts electronically and we handle everything on site. We offer guaranteed rent in the Security and Comfort variants in regional cities and their surroundings; for other locations we agree individually.
- What happens to the flat when our cooperation ends?
- We return the flat in the condition in which we took it over. The notice period and other terms of termination are set out in the contract, and we are happy to explain them before you sign.
- Do you also manage whole buildings and development projects?
- Yes. Besides single flats, we manage family houses, apartment buildings and development projects. For several properties we prepare an individual offer.
- Can you help with tax on rental income?
- As part of financial management, we prepare the documents for accounting and tax returns. We recommend discussing your specific situation with a tax adviser, especially if you are tax resident in another country.
- Can I also sell or buy a property with you?
- Yes. Our real estate division values and sells properties, and searches for and checks flats and houses for clients to live in or invest in. See selling and buying property.
- How much do your services cost?
- The price depends on the service and the variant you choose. Guaranteed rent prices are in the price list, and we will prepare an offer for your flat after a short inquiry.
- Do you speak English and German?
- Yes, we work with clients in Czech, English and German. Our website is also available in Czech and German.