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Property management of apartment buildings needs a lot of care if the intention of the investment is not to become a succession of failures and complaints.
Ing. David Novotný
Who is this service intended for
Property management of apartment buildings is aimed at owners who would like to stabilise their income and get rid of the everyday hassle of running a rental building. It is also for future property owners, who might be interested in this service since the management will soon become their worry, too.
Do you own a commercial or mixed use property? We manage properties of all kinds.
How it works
We represent you in all matters connected to the administrative and technical maintenance of the building and its units. We look for tenants, conclude tenancy contracts, deal with possible defaulters. We manage technical maintenance of the building, including service inspections, hotline, etc. we deal with complaints and warranty claims. We do the accounting, and take care of insurance. Your property’s performance can be monitored any time in our online system.
What does the apartment building property management include
Credit checks - vetting tenants for existing debts. We are one of few companies who do this. It significantly reduces the risk of renting your property to defaulters.
Systematic minimisation of voids in renting. Average occupancy rate in long-term rentals is 98%.
Conclusion of tenancies and monitoring their expiry
Conclusion of contracts with suppliers and energy service, billing to tenants, implementing energy meter readings
Insurance contracts and monitoring their expiry
Tenants check in/out
Inventory and registrations of keys
All communication with tenants
Rent collection, notifications, judicial and extrajudicial enforcement of un-paid rent
Regular property inspection of structural conditions
Regular service checks and checks of technical equipment under applicable Czech law
Monitoring technical conditions and preparing a yearly plan of repairs with professional price estimation
Warranty and post-warranty claims
Tax return, profit and loss report
Management of bank accounts and all ingoing and outgoing payments
Consultancy, strategic investment planning in order to reach the highest profitability
Security of the building
Online reporting system with all information about your property
How much does property management of buildings costs
After we have gotten acquainted with the details of your property we are happy to make you an offer tailored especially for your property.
Advantages of our property management
We take over all communication with tenants, utility suppliers, authorities, accountants, maintenance people etc. You communicate with one company only!
We ensure rental income with extremely high reliability
Online reporting system 24/7.
We provide service especially in the area of business and property law. It also provides help with establishing and liquidation of companies.