We most often invest in studio apartments priced between CZK 6,500,000 and CZK 8,000,000 or one bedroom apartments priced between CZK 8,000,000 and CZK 11,000,000. When investing through our company, which will also find and prepare the property for you, you need to take into account the following costs:

• Your own share of the purchase price is 10–20% of the purchase price.
• A search fee of 3% + VAT of the purchase price.
• The cost of preparing the property – most often CZK 50,000 (general cleaning, painting, minor repairs). When replacing the kitchen or renovating the bathroom, depending on the size of the project (most often CZK 170,000–300,000).

The search fee is 3 % of the purchase price plus VAT. After signing the contract, you will pay CZK 50,000 + VAT and gain immediate access to the real estate listings and MasterClass: Investing in Real Estate. We will then deduct this amount when you pay for the search for your first property.

The property management fee is 15 % of the sublease without fees.

We are able to arrange almost all tasks. You then have a few tasks to complete:

• Confirm your interest and decision to purchase the apartment
• Sign the reservation agreement – we will check it for you
• Sign the purchase agreement and escrow agreement – our lawyer will check it
• Sign the loan documentation
• Take over the property on the handover protocol
• Sign a lease agreement with us so that we can take care of the property

We can arrange almost everything if you grant us power of attorney. You then only need to approve certain steps.

• The search itself takes 2–10 weeks. If you leave everything to us, as most investors do, it will take us 2–3 weeks.
• From the reservation, it takes 1 month for the loan to be approved and the purchase contract to be signed.
• Then you have to wait another 3 weeks for the ownership to be registered in the land registry. And then, within 10 days, the property is handed over to the investor and to us for management.
• After signing the lease agreement and taking over the apartment, our company will start preparations (painting, repairs, and general cleaning) and then photography—this usually takes 2–3 weeks.

• Finding a subtenant usually takes 2-4 weeks.

  
  Overall, it takes an average of 3.5 months from the start of the apartment search to the first rental income.

On average, 2–10 weeks, but the speed of your response is important. If we agree on our selection parameters and have your full support, you will usually have the property reserved within 10 days.

This will depend on the amount of the loan that will be drawn down to purchase the property.
With a standard 80% mortgage loan the rental income of an average one-bedroom apartment usually starts to exceed the mortgage payment after 10 years. By the 20-year mark most one-bedroom apartments can be expecte to generate monthly recurring cash flow ofaround CZK 11,000. 

• The real estate acquisition tax is no longer payable, as the law has been repealed.
• Income tax, when using depreciation and loan interest, can ensure you have zero tax for the first 12 years or so. Subsequently, income tax will slowly begin to increase in small increments due to the steadily higher rental income, which increases every year.
• We can recommend a tax advisor who will be happy to prepare your tax return.

A simple rule of thumb is that in your name, we always have more favorable loan terms and lower taxation than when purchasing apartments for a company established for this purpose. Each option has its advantages.

In my name: The interest rate is approximately 1.5 % cheaper and the loan is usually 10–15 years longer. So, overall, the repayment is much lower. In addition, there is usually zero income tax for the first 12 years. Rental income continues to improve your creditworthiness and helps you obtain additional loans that you may want to use for purchases.

Through a legal entity: The main advantage is asset protection; if another company or business fails, the assets are protected. However, the main disadvantage is double taxation of income. First, there is a 21% income tax in the company, and then another 15% when transferred to you.

1) We prepare a plan

• We will identify your goals and propose a plan that will lead you to your destination.
• We will propose the number of investments now and how many to address in the future and when.
• We will help you prepare for effective taxation.

2) We search for a property

• Only in micro-locations - only 25% of Prague's territory
• Must meet a filter of approx. 30 parameters
• We calculate the yield
• Our inspector personally inspects the property
• A lawyer checks the purchase agreement
• We are with you when signing the reservation agreement, which we check in advance
• We will accompany you to sign the purchase and escrow agreement

3) We will arrange financing with a loan

• We will select the best financing options
• We will arrange for the loan to be approved and signed (most loans are signed at our office)

4) We will prepare the property

• We will sign the lease agreement together.
• We will prepare the apartment—paint, clean, and repair it.
• We will take photos and prepare a virtual video tour.

5) We rent out the property

• We will set the price and place an advertisement.
• We will find interested subtenants.
• We will check their records and social media accounts.
• We will sign sublease agreements and collect rent and security deposits.
• We will insure the subtenant for CZK 10 million.

6) We manage the property

• We check payments on a daily basis
• If the debt remains unpaid after 15 days, we automatically generate a termination notice
• Every 6 months, a technician personally inspects the apartment and identifies any problems that we want to fix immediately
• We handle all communication regarding the apartment and any technical issues in the apartment
• Every year, we conclude a new contract, always at the current price – regular increases

If the property passes the first three filters (location, parameters, and calculation), we will send you a recommendation to purchase the property, including details and calculations. If you are interested, we need you to let us know as soon as possible that you want to buy the property. The first interested party has priority.

Our real estate specialist will then personally inspect the apartment, and if everything is in order, we will arrange a reservation agreement and documents for the apartment.

The right investor buys location, numbers, and parameters. The property either passes or fails our filter. Feelings and emotions must be put aside.

Developers in Prague build around 5,000 apartments a year, and only 10-20% of their offerings convince us.

From older apartments, we select only 1-4 units out of a total of 6,000 on the market. It's a lot of work, but it pays off.

Our clients' apartments retain their price and their value increases. Subtenants are people who are willing to pay adequate rent and follow strict rules.

Yes, prices have been rising since the dawn of time and will continue to rise as society develops. At the same time, people's incomes are rising, both in nominal and real terms.

In Prague, rents and wages are also rising. So if there is demand and the number of new residents in the city is increasing, it is necessary to either build more, which is not happening, or expect prices to rise. The latter has been happening for a long time now, because the number of people flowing into Prague constantly exceeds the number of new apartments.

The best time to buy an investment is right now, because you will never have more time, and market timing simply does not work. Those who have tried it have regretted it and lost part of their returns unnecessarily.

An apartment purchased in 2018 for CZK 2,500,000 is now worth CZK 6,000,000.

You can find reviews from our clients on Google under the name FLET. 

As of September 1, 2025, we manage around 730 apartments worth over CZK 5 billion.

Yes, it pays off. It is evident from us several hundred apartments that we have searched for, and we can see for ourselves how well they rent and hold their value. If you want to be sure that you will have a good investment apartment that will attract the right tenants and rent well, it pays to have experts search for an apartment. The expert only searches in micro-locations, which in Prague account for only 25% of the total area. The rest are not suitable for renting. They also evaluate 30 parameters, from size, floor, elevator, to the technical condition of the apartment and building. Everything is then calculated in detail, and if everything works out, a real estate inspector will conduct a personal inspection of the apartment to check everything. We then negotiate the purchase price. Value created usually significantly exceeds our fee. Subsequently, a lawyer reviews the reservation and purchase agreement and all documents related to the apartment. The result of a good purchase is then a stable income from decent subtenants and the growing value of the apartment.

Apartment management saves owners 95 % of their worries and, above all, money. The average apartment owner makes 4-5 major mistakes that cost them a large portion of their income. The most common mistake is incorrectly setting taxes paid at a flat rate instead of using depreciation and interest. This can secure up to 14 years of zero taxes. Another mistake is gaps between subtenant changes. The market average is a 6-week gap every 14 months. At the same time, we insure each subtenant for CZK 10,000,000, and if they cause any damage, we have most of it covered. However, if the subtenant leaves the apartment untidy or damaged at the end of the sublease, we will quickly resolve the issue at their expense, as we have sufficient evidence thanks to detailed photo documentation at the start of the sublease. The average costs charged to subtenants at the end of their tenancy range from CZK 10,000 to CZK 30,000, depending on the size of the apartment and each change of subtenant. We do not charge anything for the rental. However, the biggest advantage is the use of a sublease agreement, which is stricter and allows you to terminate the agreement with a non-payer within 30 days and determine penalties that you simply cannot demand in a classic lease agreement under the Civil Code. In addition, we personally inspect the apartment every 6 months and regularly settle utility bills. This means that the owner does not have to worry about anything, including repairs and emergencies in the apartment. We have calculated that our management will bring the apartment owner more money than if they took care of the apartment themselves.

When a typical investor starts looking for real estate, they often end up with 2–4 apartments. However, if a clear plan is prepared at the outset and all steps are planned, we can gradually reach 5–10 apartments for the same client. We find the right apartments ourselves, arrange loans for up to 90 % of the price, rent the apartment, and prepare it completely so that we can then secure a sublease and hand the apartment over to the management department. The result is long-term and stable asset growth and a clear plan for drawing on the rent. If you want a comprehensive approach, we will provide a comprehensive solution.