Good NumbersGood Numbers for your Property Investment for your Property Investment

400 propert ies400 propert iesleadingleadingto a n ice prof i t .to a n ice prof i t .

Due to our range of in-house services, we at Bohemian Estates are in an ideal position to provide efficient advice

on property, tax, finance and legal aspects of the property portfolios of our clients. This centrally-managed, unique

and hassle-free solution blended with market knowledge and experience allows us to advise, plan and optimise

in order to achieve the best yield from our clients’ property portfolios.

Bohemian Estates (BE) is a leading investment property management company, which has been assisting foreign

and local property owners since 2006. We currently manage over 400 properties across the country with our head

office based in Prague and branches in Brno and Ostrava. Our company group is also active in cooperation with

property developers and banks.

Proper ty investments bet te r and eas ie r w i th Bohemian Esta tesProper ty investments bet te r and eas ie r w i th Bohemian Esta tes

INT

RO

Sourcing property with biggest potential.

Based on your investment requirements, we source the property with the biggest potential available on the

market.

Yield forecasts and choosing the right strategy.

We also provide you with performance projections and cash-flow forecasts, so that you can make the right

decisions about the future of your investment today.

Legal protection and due diligence for maximum security.

Our dedicated legal department secures contractual aspects and due diligence of all transactions and guarantees

the safety of your investment.

Mortgage service all-inclusive.

When sourcing finance, you need not look anywhere else as our mortgage department is a certified dealer of all

major banks on the local market. Based on our longstanding cooperation we provide tailor-made products for

property investors not available to the public.

Moreover, our mortgage service is free of charge.

F ind ing your idea l investment proper ty and choos ing the r ight s t ra tegyF ind ing your idea l investment proper ty and choos ing the r ight s t ra tegy

Every year, Every year, we f ind at least we f ind at least 30 propert ies 30 propert ies and choose and choose the r ight the r ight investment investment strategy strategy for our c l ients .for our c l ients .

INV

ES

TM

EN

T

For propert iesFor propert iesunder our under our management , management , we achieve 95%we achieve 95%occupancy.occupancy.

Kitchens and fit out.

If necessary, we organise kitchens and furniture solutions with an ideal value/price ratio to fit your investment

purpose.

Snagging and maintenance

We also provide inspections of the technical condition of the property. Our technicians will repair or paint your

property if required.

Finding the best tenant

Bohemian Estates‘ property letting service has one goal, to have your property tenanted with the ideal quality/

price/time ratio. This means to find the best possible tenant with the highest possible rental, as soon as possible.

We achieve this by:

– sophisticated marketing and high quality presentation

– proactive letting strategy and focus on corporate tenants

– avoiding and dealing with bad tenants

– waterproof rental contracts

Thanks to systematic monitoring of contracts we eliminate voids between rentals.

We arrange new tenant sooner than the old one leaves.

Prepara t ion fo r tenancy and leas ing the proper tyPrepara t ion fo r tenancy and leas ing the proper ty

RE

NTA

L

The performance and yield of any investment property lay in the quality of its management. This is why our

property management is the most complete and attention-to-detail intense service on the market. We take over

and manage all responsibilities of the owner towards its tenants and property.

What services are included?

– minimising voids by systematically monitoring rental agreements and their expiry

– rent collection

– communication with and checking in and out of tenants

– settling and reconciliation of utility invoices

– processing of mail and payments

– property maintenance

– 24/7 hotline for tenants for emergencies

– communication with association of owners, banks and authorities

All information and updates regarding financial transactions, status of property and viewings is secured

by innovative Online Management System.

Qua l i t y p roper ty management and a l l i t takesQua l i t y p roper ty management and a l l i t takes

Qual i ty propertyQual i ty propertymanagementmanagementis secured by is secured by 20 profess ionals 20 profess ionals work ing in our work ing in our company.company.

MA

NA

GE

ME

NT

Even our f ree Even our f ree serv ices serv ices are f i rst c lass .are f i rst c lass .

Additional free services available to BE property management clients:

– mortgage brokerage services, monitoring of interest rate expiries and arranging the lowest rates available

on the market

– property scenario analyses and valuations

– property investment consultancy, planning and yield optimisation

– tax consultancy and planning

– handover and snagging

– kitchen installation services

– currency solutions

– 10% discount on short term stay apartments in the centre of Prague

What is not included?

Costs for maintenance, repairs and material are invoiced separately on a direct basis. All costs above 3,000 CZK are

confirmed beforehand with the owner.

How does it work?

We collect the rent from the tenants, settle any necessary costs for utilities and forward the net rent on a monthly basis

to our client’s selected account.

Is it transparent and how do I receive information regarding my property?

All transactions are recorded live within the client’s dedicated Online Management System, where reports regarding the status

of the property, services performed and updates regarding viewings can be found. Additionally, each client has their own

account administrator, who takes care of all aspects of the property management and serves as a single point of contact.

MA

NA

GE

ME

NT

BE provides accountancy, so that all taxes are covered and optimized to a minimum amount. This in-house service

provides a seamless flow of documentation between property management and our accountants.

Insurance

We provide the most cost-effective insurance policies for your property.

Company services

For corporate clients we further centralize our services by providing company set-ups, liquidation, headquartering,

registered addresses and nominee directors.

MortgagesMor tgages

BE’s mortgage department is a certified dealer for all major banks on the local market. This means we provide our

clients with the best investor-tailored products and lowest rates. Additionally, we monitor our clients’ interest rates

and when they expire we provide the choice of the lowest rates available.

With BE you don’t have to visit all of the banks. We do it for you.

BE’s mortgage services are free of charge.

Fu l l accountancy so lu t ionFu l l accountancy so lu t ion

Account ing Account ing – for us more – for us more than just than just numbers .numbers .

AC

CO

UN

TAN

CY

We can increaseWe can increase the prof i tab i l i ty the prof i tab i l i ty of your of your investment investment by as much by as much as 50%.as 50%.

Are you concerned with any of these questions?

Do you have high property running costs?

Do you pay too much for your mortgage?

Are your utility costs not being properly reconciled and transferred onto the tenants?

Do you have long voids between tenancies?

Are your tenants not paying their rent on time?

Do you pay high taxes and insurance on your property?

We have precise solution to any of above-mentioned and we don‘t hesitate to share it with you.

Knowledge of the property market and advice of property experts is crucial in making the right decisions regarding

planning of your portfolio.

Valuations and property portfolio assessments are available free of charge to all clients of BE property management

service.

Assesment , adv ice , s t ra tegy and y ie ld opt im isa t ion f ree o f charge .Assesment , adv ice , s t ra tegy and y ie ld opt im isa t ion f ree o f charge .

YIE

LD

Selling the property is a crucial phase of the entire investment as profits can be realised but also wasted if the

sale is not performed with efficiency.

The first step is to provide a correct valuation and sale scenario analysis. This serves as a tool to decide on the

right strategy for minimising costs for tax and mortgage redemption. Another vital aspect is to keep the tenants

in as long as possible to minimise rental losses.

BE can handle the whole process of selling the property without the necessity of involvement or presence of the

owner based on a Power of Attorney (PoA).

When a property is sold BE provides a no-fee currency exchange service so that you can avoid the low rates

the banks provide.

Se l l i ng the proper ty and rea l i sa t ion o f i t s p ro f i t sSe l l i ng the proper ty and rea l i sa t ion o f i t s p ro f i t s

The most The most ef f ic ient ex i t ef f ic ient ex i t strategies for strategies for 100% of i ts y ie ld 100% of i ts y ie ld potent ia l .potent ia l .

SA

LE

Full property management:

10% of monthly rent (long-term lease), without utilities, only charged when property is tenanted.

30% of monthly rent (short-term lease)

Investment selection and sourcing

1% of the acquired price + 10% from the negotiated discount (min. 30,000 CZK)

8,000 CZK is payable upfront, the rest of the fee after the conclusion of the case.

Letting service:

The letting fee is a one-off fee of 1 month’s rent and guarantees a tenant for a minimum of 1 year. If the tenant leaves

sooner, a proportion is refunded.

Sales service including all legal, notary, escrow and PoA representation fees:

3% for exclusive and 4% for non-exclusive sales. Minimum of 100,000 CZK.

Full and professional accounting solutions:

Property tax: one-off fee of 2,000 CZK

Income tax: 30 CZK per one accounting item.

Average cost around 5,000 CZK/year

Ownership transition tax: 9,000 CZK (this fee includes an official property valuation report)

Serv ices pr ice l is t :Serv ices pr ice l is t :

Completion services:

Handover from the developer and snagging of the property: Price from 10,000 CZK.

Full kitchen installation solution:

Kitchens range from 100,000 CZK to 130,000 CZK including kitchen design, preparation, all appliances, installation

and wall cover.

Furnishing packs:

Basic furnishing pack – price from 20,000 CZK

Full furnishing pack – price from 48,000 CZK

Property insurance service: Price 1,000 CZK

Company and legal services:

Limited company (s.r.o.) formation: 35,000 CZK,

Limited company (s.r.o.) liquidation: 35,000 CZK

Company official registered office and mail collection: 5,000 CZK one-off fee and 1,000 CZK/month.

Nominee director: 3,000 CZK/month

Legal advisory services: 2,000 CZK/hour,

Long term / working visa: 15,000 CZK, EU cards/temporary visa: 10,000 CZK

If you have any questions or would like more information on any of the services that we offer or any information regarding

the Czech property market, please do not hesitate to contact us. We will also gladly create a free valuation of your portfolio

and draw up an analysis to optimise the yield of your portfolio.

All the above mentioned prices exclude VAT.

PR

ICE

S

How it does(n’t) work without Bohemian Estates

How it does work under the property management of Bohemian Estates

. . . and how do YOU treat your own property?. . . and how do YOU treat your own property?

CO

MIC

S

However, Bohemian Esta tes i s not on ly numbers , but a l so insp i r ing team However, Bohemian Esta tes i s not on ly numbers , but a l so insp i r ing team

where each member i s an enthus ias t ic pro fess iona l in h is/her f ie ld . where each member i s an enthus ias t ic pro fess iona l in h is/her f ie ld .

We are aware o f the fact that on ly by constant innovat ion o f a l l aspects We are aware o f the fact that on ly by constant innovat ion o f a l l aspects

o f our work we are ab le to prov ide f law less and un ique so lu t ions fo r o f our work we are ab le to prov ide f law less and un ique so lu t ions fo r

our c l ien ts .our c l ien ts .

When I was starting to work in the real estate industry, I have come across many

property investors who were unhappy with the quality of service provided in the

Czech Republic. This was one of the main drivers for me to set up a company that

would provide a truly complete and most importantly professional real estate service.

The main mission of Bohemian Estates is therefore to improve the reputation

and maintain the good name of the Czech property market among foreign investors

and abroad in general.

Ing. David Novotný

follow me on @David_Novotny

TE

AM

Property Investments Better and Eas ier

Bohemian Estates International s. r. o., Francouzská 30, Praha 2, 120 00, Czech Republic, IČO: 27889394, DIČ: CZ27889394,

Tel.: 0044 (0) 203 199 6000 (UK), 00420 222 222 500 (CZ), Fax: 0044 (0) 844 443 5334 (UK), 00420 222 222 499 (CZ),

E-mail: info@bohemianestates.com, www.bohemianestates.com