PROPERTY MANAGEMENT

The company RESIDENCES offers comprehensive property management and lease. We represent real estate owners in dealings with utility and energy providers, institutions and lessees. We provide a 24-hour help line for lessees in the Czech, English and French languages.

Provided services:

1. Real estate takeover

• Ownership documentation
• Insurance documentation
• Energy meter readings
• Equipment inspection reports (e.g. gas boiler, electrical lines, chimney, etc.)
• Real estate condition documentation

2. Operational services

• Calculation of rent and utility fees
• Lease of real estate, including viewing and consultations about lease terms with real estate owners
• Lease contracts and handover report in the Czech and English languages
• Real estate handover and takeover
• Real estate inspections
• 24-hour emergency line for lessee
•  Participation at meetings of owners associations

3. Technical services

• Equipment inspections
• Regular maintenance
• Procurement of energy supplies
• Real estate furnishing

Financial matters

• Checking of rent and utility payments
• Settlement of utility fees

Management fee per “unit”:

• 7% of the rent plus V.A.T. per month as long as the unit is leased out
• A fixed amount of 500 CZK a month plus V.A.T. if the unit is not leased out
• We charge a one-month-rent fee plus V.A.T. for  long-term leases
• For supervising the furnishing of apartments or small reconstructions, we charge:
  • Studio 10,000 plus TVA
  • 1-bedroom apartment 15,000 plus TVA
  • 2-bedroom apartment 20,000 plus TVA
  • 3-bedroom apartment 25,000 plus TVA
  • 4-bedroom apartment 30,000 plus TVA

Our services are offered on a case-by-case basis in compliance with the requests of each client.