Fixed rate of Return

Rent of 8% per annum on the net price of the premises, paid quarterly, indexed annually by the inflation rate provided by the CSO.

Contract signed for 10 years with the possibility of renewal for another 5 years.

In the fixed rate of return model, the ownership stay is: 10 days / 9 nights per year, excluding special offer dates

Costs of the APARTMENT OWNER

property tax
apartment insurance
renovation costs resulting from the use of the premises (every 5 years) – in a 50/50 proportion and to the extent agreed together with the tenant on the basis of a mutually prepared protocol.

costs of maintaining a team of employees to provide day-to-day services to Guests,
costs of preparing the apartment for rent (cleaning, laundering of linens, etc.),
costs of commissions of operators like Booking.com, Expedia, HRS, Trivago, German and Czech tour operators),
costs of advertising and marketing (e.g. google adwords),
costs of the website and mobile application – the owner’s panel,
costs of current and ground cleaning related to the stay of Guests,
costs of minor current repairs and maintenance of the apartment related to the stay of Guests,
media regarding the premises and common areas
air conditioning and heating service
24-hour reception / security / monitoring
green areas, snow removal
cleaning of parking lots, traffic routes of common parts,
costs of renovation and refreshing of the apartment every 5 years – in a 50/50 proportion and to the extent mutually agreed with the tenant on the basis of a mutually drawn up protocol.