4 min read
Your property in Prague generates income 24/7 — even when you are on another continent
At Prestige Group, we use contracts that have been refined and proven over years of experience. Combined with our extensive industry knowledge, this allows us to minimize risks for property owners and ensure that you receive stable and fair income without unexpected problems.
Every property owner needs an experienced team of real estate professionals who protect their interests from the very beginning of the partnership — and long after. Together with you, we are redefining the real estate experience. We handle legal aspects and potential issues even after our cooperation ends — and we are always on your side.
You can free yourself from administrative work, paperwork, tenant screening, property presentation investments, and monitoring current market prices. This saves you time, money, and unnecessary stress. On our side, we prepare everything necessary for the successful sale or rental of your property and provide you with up-to-date information throughout the entire process.
How we work
01
Initial Consultation and Analysis
Free online consultation via Zoom or WhatsApp. We assess the condition of the apartment and its rental potential, then provide recommendations on how to increase both income and property appeal.
02
Document Preparation
We prepare the property management agreement, including translation if needed, arrange a power of attorney when required, and take over all access details and keys.
03
Professional Marketing and Tenant Search
We create professional photos, video, and a 3D tour, then promote the property on leading platforms to attract reliable and qualified tenants.
04
Tenant Screening and Selection
Every applicant goes through our multi-level screening process, including finances, references, and overall reliability.
05
Full Rental Management
We prepare contracts using proven templates, handle all communication, and monitor payments — so you do not have to worry about delays.
06
Ongoing Monitoring and Support
We monitor the condition of the property, arrange minor and major repairs on time, and stay in touch with tenants on all important matters.
07
Utility and Financial Administration
We handle all administration related to utility and financial payments, ensuring transparency and order in your rental income.
08
Legal Protection
We give you maximum peace of mind with legal support, protection against problematic tenants, and assistance in resolving disputes.
09
Reporting and Communication 24/7
Automatic rent collection, payment of all expenses, transfer of net income to your account, and detailed reporting on every transaction.
01
Initial Consultation and Analysis
Free online consultation via Zoom or WhatsApp. We assess the condition of the apartment and its rental potential, then provide recommendations on how to increase both income and property appeal.
02
Document Preparation
We prepare the property management agreement, including translation if needed, arrange a power of attorney when required, and take over all access details and keys.
03
Professional Marketing and Tenant Search
We create professional photos, video, and a 3D tour, then promote the property on leading platforms to attract reliable and qualified tenants.
04
Tenant Screening and Selection
Every applicant goes through our multi-level screening process, including finances, references, and overall reliability.
05
Full Rental Management
We prepare contracts using proven templates, handle all communication, and monitor payments — so you do not have to worry about delays.
06
Ongoing Monitoring and Support
We monitor the condition of the property, arrange minor and major repairs on time, and stay in touch with tenants on all important matters.
07
Utility and Financial Administration
We handle all administration related to utility and financial payments, ensuring transparency and order in your rental income.
08
Legal Protection
We give you maximum peace of mind with legal support, protection against problematic tenants, and assistance in resolving disputes.
09
Reporting and Communication 24/7
Automatic rent collection, payment of all expenses, transfer of net income to your account, and detailed reporting on every transaction.
Real Estate Agency Services
We provide service work and cleaning
Solving any problems related to the property
The process of handover and acceptance of the apartment
Communication with the HOA
Making and recalculating payments for services
Selection and management of tenants
Checking the condition of the property
Turn your property in Prague into a source of stable income
Realized properties
Properties we have successfully sold or rented out.
Living abroad? We are your eyes, hands, and voice in Prague.
Full Representation
We become your official representative in the Czech Republic with full authority:
• Signing documents under power of attorney
• Communication with government authorities
• Communication with utility service providers
Communication in Your Language
• Russian, English, Czech — we communicate in the language that is most convenient for you
• All documents with translations and clear explanations
• Video calls to discuss important matters
• Messengers for quick communication (WhatsApp, Telegram, Viber)
Maximum Transparency
• Reports on the condition of the property
• Photos and videos after each inspection
• Full history of all payments and expenses
• Real-time notifications about important events
Legal Security
• Full compliance with Czech legislation
• Proper taxation of rental income
• Assistance with obtaining tax deductions
• Protection against fraudsters and dishonest tenants
• Insurance coverage for all risks
Financial Solutions
• Consultations on reinvesting your income
• Assistance with mortgages for foreigners
Physical Security
• Safe storage of spare keys
• Access control to the property
• Emergency services available 24/7
Articles
Frequently Asked Questions
Yes, with Prestige Group it’s easy. We provide full remote property management with transparent reporting.
No. Everything can be arranged remotely. You only need to come if you want to personally inspect the property.
We handle everything — from negotiations with tenants to legal proceedings if necessary.
We transfer your income to your account on the 5th day of each month, to any country and in any currency.
Minimum requirements: passport, land registry extract, and power of attorney. We take care of everything else.
Get a free consultation with our best specialist
Call +420 773 183 777 or contact us on messengers
Mon-Fri: 09.00 - 18.00
Sat-Sun: 12.00 - 18.00
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