Partner Service
You have a direct contractual relationship with the tenant; all the remaining communication and agenda associated with the lease is our responsibility. The Partner Service is suitable for owners of all types of rental properties, including older, cooperative or suburban flats.
No extra worries
Rent collecting is just the icing on the cake of the many obligations and worries that you have to deal with in connection with your investment flat. Occasionally things go wrong in the flat, the tenants leave or they stop paying the rent. It is necessary to devote time to the settlement of payments for services and utilities, tax returns, insurance, owners’ meetings and many other things. Suddenly, you get very busy with your investment, and you are not happy about it, you are not familiar with the given issues, and you do not have enough time for it.
We are here to make the renting of your flat a carefree business. You sign the lease agreement, we are happy to take care of all the rest – from finding tenants through inspections, preparing the agreement and utilities transfers to monitoring payments, minor repairs and ensuring occupancy. You will always have all the necessary information at hand thanks to our online application.
#we cover your back
#and we save your time
time spent renting your flat managed by FLAT SERVICE
0 hours/year
time spent renting your flat on your own
60 hours/year
Services included in flat management
- Professional photos and presentation of the flat
- Advertising and tours of the flat with potential tenants
- Finding and vetting a solvent tenant
- Drawing up a lease agreement
- Official handover of the flat to the tenant and transfer of utilities without the participation of the landlord
- Legal aid during the whole lease term
- Continuous inspection of the condition of the flat during the lease
- Standard maintenance and minor repairs
- Recovery of arrears, rent due and costs for eviction of the defaulter
- Changes, amendments and termination of the lease agreement
- Acceptance of the flat from the tenant and checking the condition of the flat
Additional services
- Regular and one-off cleaning
- Residential architect services and furniture furnishing
- Reconstruction and architectural work
- Representation at owners’ meetings
- Based on agreement, collecting and scanning your mail or forwarding it
- Rental income tax return
How much does it cost?
We charge
10% of the net monthly rent for standard Partner Service
EXAMPLE
monthly rent: CZK 20,000 | you receive: CZK 18,000
Flat managed by FLAT SERVICE
Flat occupancy during the year
96 %
Net annual rent for the flat managed by Flat Service: CZK 207,360
Flat managed by owner
78 % *
Net annual rent for the flat managed by owner: CZK 187,200 + extra worries
* Depending on the length of the search and non-paying tenants. This is an average
In the long term, the flats managed by us show a higher occupancy rate. The service will thus cover its costs and you will no longer have to worry and spend time that you can devote to more pleasant activities.
Do I have to be present during flat inspections?
No, you don‘t. Our key mission is to save your time. All inspections are provided by our trained real estate managers
Will the administration fee be charged even if the flat is empty?
No. We always charge the administrative fee only from the rent paid. When the flat is unoccupied, you do not pay us anything. In 97% of cases, however, we will occupy the entrusted property within 14 days at the latest.
What if we manage to lease the flat for a higher price than previously agreed?
You get more money. Our fee is always calculated as 10% of the amount currently paid by tenants. We view the agreement we made with you as being indicative of the minimum amount for which you want to rent a flat.
What they say about us...
Rental of 3-room flat with kitchen corner, Prague 3 - Vinohrady
They have an "excellent nose" for people - for 7 years, I have always had decent tenants who pay on time and treat my property as if it were their own. Tenants change seamlessly, so I don't lose rental income unnecessarily. Flat Service are, in short, experienced professionals who can also provide good advice on renovations or purchases of new furnishings and equipment.
Hana P., IT Consultant
Rental of 2-room flat with kitchen corner, Prague 5 - Anděl
Because I live abroad, I was looking for an administrator who would be able to provide me with a complete service. Flat Service does just that and at a high level. This company’s people communicate well and always keep their promises without exception. I have confidence in their work and skills - and I enjoy not having to worry about anything.
Markéta Houston, Law Firm Owner (London, UK)
Rental of 1-room flat with kitchen corner, Prague 9 - Střížkov
I switched to Flat Service from the competition, with whom I was not satisfied. I was pleasantly surprised that they had a proven solution for everything that did not work with my previous administrator. In addition, they know the real estate market through and through, regularly review market rental prices and take care of maximizing revenues. I also like the on-line environment, where I have access to all the information about the property (valid leases, payments, amounts due, communication with tenants, etc.).
Vratislav N., Project Coordinator
Rental of 2-room flat with kitchen corner, Prague 9 - Harfa
Thanks to Flat Service, I am sure that our temporary investment flat is well taken care of and used by decent tenants. Flat Service is a trusted partner, who I appreciate especially since I do not live in the Czech Republic. Their services continue to exceed my expectations. On top of this, they have a friendly approach and, if necessary, can advise or represent me in administrative tasks.
Viera K., Accountant (Bratislava, SK)
Rental of 2-room flat with kitchen corner, Prague 10 - Horní Měcholupy
I appreciate that Flat Service respects my complex requirements and does not exclude me from decision-making processes. I was very pleased with the individual approach to the initial negotiations and the investment in improving the services provided. I hope that in the future, Flat Service will expand its services to other cities so that I can recommend them further.
Martina A., IT Consultant
Rental of 1-room flat with kitchen corner, Prague 9 - Střížkov
I didn't want to deal with changes in tenants, money, contracts, house tours. I mainly wanted clear rules and transparency from the manager of my flat. Mr. Bauer and Mrs. Pšeničková repeatedly convince me that Flat Service was a good choice. Communication is open, without the use of any sneaky tactics, they can quickly solve any issues, provide advice, explain and arrange everything that is needed.
Markéta K., Physiotherapist
Rental of 1-room flat with kitchen corner, Prague 10 - Uhnříněves
Speed, professionalism, helpfulness - these are the qualities that Flat Service represents to me. I moved to the other end of the country and needed to rent my flat quickly. If possible, in a hassle-free way. Flat Service got a solid tenant within two days and since then, I have felt sure that my flat is being taken care of. I am happy to recommend their services to friends.
Marie Langová, Physiotherapist
Rental of 1-room flat with kitchen corner, Praha 5 – Smíchov
I can highly recommend Flat Service for reliability, excellent communication and flexibility. Even during the Covid 19 crisis, they were flexible and managed to find new tenants, so I didn't lose out on any rental income. Their standard also includes things that are considered above standard elsewhere - for example, the willingness to provide local services or to buy furniture cheaply. I was initially sceptical about how remote administration would work. Flat Service convinced me that it can, very well in fact.
Roman K., School Principal
