Property management in Prague
Financial administration, technical care, tenant matters and legal requirements.
Our approach
Your property, in good hands
Behind our work lies more than a century of property-management experience. It gives us a clear understanding of what a property needs—not only today, but for the years ahead.
We believe issues should be resolved promptly, practically, and with care. That is why each property is assigned a dedicated consultant who knows it well and takes personal responsibility for finding the right solution.
From administration and maintenance to communication with tenants, neighbours, contractors, and public authorities, we handle the day-to-day responsibilities of property ownership. Our goal is simple: to make owning and managing your property easier.
We are an experienced, committed team that values a personal approach. By combining long-standing expertise with modern tools, we tailor our services to the needs of every property and its owner.
The scope
Five areas of property management
01 Financial administration & accounting
A property’s financial administration should be accurate, current and clear to its owner. Depending on the agreed mandate, the service can cover bookkeeping, payment records, tenant administration, annual settlements and owner reporting.
- Recording income and expenditure for the managed property
- Accounting for property owners
- Preparing property tax returns
- Issuing receipts and invoices
- Maintaining records of tenancy agreements, tenants and related documents
- Monitoring rent payments and following up arrears
- Reviewing and applying rent and service-charge adjustments in line with legislation and contractual terms
- Preparing annual service-charge statements for tenants and unit owners
- Preparing financial reports for meetings of owners
- Proposing and calculating contributions to the repair fund
02 Standalone property accounting
Owners who manage their property themselves can appoint us for accounting alone. Depending on the agreed scope, the service can include bookkeeping, owner reporting and the relevant tax returns. Reporting and documents are provided in Czech and, by agreement, another language.
03 Technical management
Technical management covers the building’s condition, documentation and essential services. Regular inspections identify what is required; we then coordinate maintenance, contractors and larger projects within the agreed mandate.
- Regular inspections of the property
- Coordinating maintenance and repairs
- Managing contracts with heating, electricity, water, gas and other service providers
- Recording meter readings for billing
- 24/7 coordination of emergency call-outs
- Coordinating cleaning and the maintenance of common and green areas
- Maintaining technical records and documentation
- Coordinating inspections required by applicable regulations
- Arranging insurance and representing the owner in insurance matters and claims
- Reconstruction oversight, including documentation, suppliers, authorities and acceptance of completed work
04 Tenancies, contracts & property matters
A management mandate may also involve contracts, ownership records, arrears or a change of tenant or owner. These matters can be included in the agreed scope or handled through a separate mandate where appropriate.
- Preparing tenancy and lease agreements
- Support with debt recovery
- Preparing applications for entries in the Czech Land Register
- Advice on property-ownership matters
- Preparing statutes for unit-owner associations and housing cooperatives
- Coordinating a separate real estate mandate for letting or sale where required
05 Owner representation & additional services
Some properties and ownership structures require work beyond day-to-day administration. Additional services are agreed separately according to the property, its ownership structure and the authority given by the owner.
- Organising and preparing meetings of owners
- Representing owners before third parties under a power of attorney
- Arranging expert assessments and valuations
- Surveying and documenting flats and common areas
- Assistance with arranging and repaying loans for building repairs
Whether you're acquiring, letting, or managing — one firm carries your property through its entire life.
References
Properties under our management
We currently manage approximately 100,000 m² of residential and commercial property across Prague. A small selection:
Starting a mandate
From first conversation to agreed scope
First conversation
We begin with the property, its ownership structure and what you need from a management mandate. This conversation is without obligation.
Property review
We review the property, its documentation and current arrangements to establish what the mandate will require.
Agreed scope
We set out the services, responsibilities, reporting, communication and fee basis in writing for your approval.
The mandate begins
Once the mandate is agreed, we put the services, contacts and reporting arrangements in place from the agreed start date.
FAQ
Questions about property management
What types of property do you manage?
We manage residential, mixed-use and commercial property in Prague. The scope is adapted to the property, its ownership structure and the services the owner requires.
Which decisions do you make on the owner’s behalf?
Day-to-day responsibilities are handled within the authority agreed in the mandate. Decisions outside that authority are brought to the owner with the relevant information and our recommendation before action is taken.
How are fees agreed?
Fees depend on the property and the agreed scope of work. The fee basis is set out in writing before the mandate begins.
Who will I contact about my property?
A designated consultant coordinates the mandate and remains the owner’s main point of contact. Other specialists contribute where needed, while the designated consultant retains oversight.
How does a change of property manager work?
We first review the existing management agreement, available documentation and current obligations. We then agree the timing and responsibilities for the handover and, once authorised, coordinate the transfer with the outgoing manager.
What happens in an emergency outside office hours?
Owners and tenants in properties we manage have access to an emergency number outside office hours. We assess the situation and coordinate the appropriate response.
Can you support owners who live abroad?
Yes. We communicate in Czech, English and German, and agree how reporting, approvals and documents will be handled while the owner is abroad.
Ready to discuss your property plans?
Tell us about the property you own, manage or are looking for. A first conversation is without obligation, in Czech, English or German.
Contact us