Czech Republic property investment services and fees :: CZECH POINT®101

By: Czech Point 101  06-Dec-2011
Keywords: Real Estate, Property Management

                   

Property Management / Letting Services

Description of Service Fee
Property Management
(Brno, Prague, Ostrava, Pardubice, Hradec Kralove and Zlin)
12% of Gross Monthly Rent
No letting fee to owner or tenant
All fees subject to VAT (value-added tax)

Our property management is based on a simple formula: Hands on management + simple fee structure + clear communication = profitable long-term property management.

Unlike other letting agencies which collect a fee from the potential tenant at the beginning of occupancy we do not do this. This has resulted in an excellent reputation among renters and we are often contacted first in their renting process.

Our property management service is inclusive of the following:

  • Finding/screening renters (including advertisements, showings, checking references, etc.)
  • Provision of contractual agreements compliant with latest tenancy laws
  • Collection of rent on a monthly basis
  • Transfer of utilities to new tenants
  • Organization and managing repairs/maintenance
  • Monthly comprehensive property statements
  • Accounts receivable and payable including rent, services and utilities
  • Meeting State and Municipal legal requirements for ownership and rental of property
  • Holding and calculation of the damage deposit

Real Estate Services

Property Sale Spotlight Price
17 CZK
Additional proven targeted views (you set the limit!)
per view
10 CZK
All fees subject to VAT (value-added tax)
Best used together with our Power-of-Attorney Sale Service but can be purchased separately.

Learn how a combination of the services above can help you take home 40% more from your Czech property sale.

Description of Service Fee
Power of Attorney Signing of Purchase Contract
(preparation of power of attorney and representation at the signing)
3 090 CZK
Company or Land Registry Excerpt
per page
500 CZK
Structural Due Diligence Quotable Based on Property
Only available for clients who we perform due diligence on the contracts
All fees subject to VAT (value-added tax)

About Our Fees: An Important Note for You

  • We work for YOU and in your interests - protecting your investment.
  • Your investment will meet all business and tax laws.
  • We are always available to talk to.

Mortgage Sourcing / Refinancing

Description of Service Fee
New Mortgage or Refinance Sourcing
We cooperate with all banks and have vast experience specifically for banks which lend to non-Czech citizens.
Free
PoA Mortgage or Refinancing Drawdown
Meeting all the requirements for drawing down your mortgage and/or meeting the requirements of a refinancing through power of attorney.
17 000 CZK
Refinancing Analysis
Expert advise on whether and/or where to refinance your mortgage.
Free
All fees subject to VAT (value-added tax)

Pavel speaks about current Czech mortgage options and techniques that have helped him save our clients thousands of CZK per month:

Company Related Services

Off-the-Shelf Packages Price
Complete SRO (Czech Limited Liability Company)
This price includes all stamps, legal, Commercial Court and consulting fees as well as bank account setup, one legal Czech translation and one trade license.
59 000 CZK
Complete A.S. (Czech Joint Stock Company)
This price includes all stamps, legal, Commercial Court and consulting fees as well as bank account setup, one legal Czech translation and one trade license.
110 000 CZK
All fees subject to VAT (value-added tax)
Company (SRO) Liquidation/Closing Price
Power of attorney service including legal, notary, stamp and consulting fees.
Note: The fees of the State-authorized liquidator are not included
35 000 CZK
All fees subject to VAT (value-added tax)
Related Services Price
Registered Office (Sidlo) Service (4 month minimum)
per month
1 400 CZK
SRO (all) Tax Registration 3 000 CZK
All fees subject to VAT (value-added tax)

Accounting Services

Description Price
Income Tax Processing and Filing - Individual
(existing PM clients contact us for special rates)
1st Property 7 250 CZK
2nd Property 3 500 CZK
Each add. Property 2 750 CZK
Income Tax Processing and Filing - Corporate (SRO)
(existing PM clients contact us for special rates)
1st Property 8 500 CZK
2nd Property 3 950 CZK
Each add. Property 2 750 CZK
Legal Tax Advisor(consulting and advisory services)
per hour
1 185 CZK
Accountant(data entry, payroll)
per hour
438 CZK
Tax Filing and Accounting for Standard SROs available by contract.
All fees subject to VAT (value-added tax)

Other Services

Description Price
Changes to Commercial Register for SROs
(included changing Jednatel, Sidlo, trade licenses, etc.)
18 025 CZK
Sole Trade License 13 000 CZK
Hourly Legal Work
per hour
1 750 CZK
Verified Signature
each
36 CZK
Transfer of Services to New Owner (water, gas and electricity)
each
1 545 CZK
Arranging of Property Insurance
each
1 545 CZK
Registration of a Property for Property Tax
each
1 545 CZK
Legal Translation (Birth Certificate, Criminal Record, etc.)
per page
750 CZK
Legal Translation in a Text Editor such as Word (Purchase Contracts, Pre-purchase Contracts, etc.)
(standard page is 1800 characters including spaces)
per page
350 CZK
Company or Land Registry Excerpt
per page
500 CZK
Business Market Analysis Reports
per hour
500 CZK
All Other Non-Legal Assistance
per hour
515 CZK
All fees subject to VAT (value-added tax)

Forms of Payment Accepted

  • International bank wire (CZK only)
  • U.S. or Canadian money order (4% conversion fee)
  • Western Union Bank payment (CZK only)
  • PayPal (4% fee applies)
  • Online credit card payment (via PayPal :: 4% fee applies)
  • Cash in any standard convertible currency, such as Euro, U.S. Dollar, British Pound Sterling, or Czech Crowns. 4% conversion fee applies to any currency except CZK.

Keywords: Property Management, Real Estate

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06-Dec-2011

Kostenlose Beratung und transparente Gebührenordnung :: CZECH POINT®101

Vollmacht für die Unterzeichnung der Verträge *(Vorbereitung der Vollmacht und Vertretung bei der Unterzeichnung. Alle Preise sind exklusiv MwSt* Nur für Kunden, bei welchen die Sorgfaltsprüfung durchgeführt wird.