The state of emergency and rental ban took the owners of short-term rental flats by surprise. They have lost overnight their source of income. Moreover, many of them pay their mortgages and have to do something about it very quickly. Lifting the ban is not in sight yet and nor is the return of tourists.
On top of that, Prague has recently tightened its grip on Airbnb. Municipal district Prague 1 is the first to enforce the purchase of biometric locks, which are supposed to prevent entering a block of flats without a valid fingerprint. And more municipal districts are quickly to follow–city mayor Mr. Hřib is determined to negotiate a complete ban on short-term flat rentals.
Price per night: 2 470 CZK (90 €) in average
Occupancy: 70 % (255 nights)
Turnover: 630 000 CZK (22 900 €)
Costs: 126 000 CZK (4 600 €)
Gross profit: 504 000 CZK (18 390 €)
Cons: everyday care for tourists, dealing with finding suitable people to welcome the guests (particularly on weekends), informing the Foreign Police, regulations, neighbours complains etc.
Price per month: 27 000 CZK (1 000 €) without utilities (paid fully by the tenant)
Occupancy: 100 % throughout the year
Turnover: 324 000 CZK (11 800 EUR)
Costs: 0 CZK (0 EUR)
Gross profit: 324 000 CZK (11 800 €)
Pros: you do not have to deal with anything, we arrange everything for you
Price per sqm: 150 000 CZK (5 500 €) in average
Flat area: 60 sqm
Total selling price: 9 000 000 CZK (328 000 €)
Pros: you do not have to deal with anything, we arrange everything for you
Do you need money right now? In Maxima, we pay you up to 50% of the market price up front. You thus earn maximum from you sale. You get the rest of the money after the selling.
Looking for an express solution? We offer a property buyout for 90% of the market price. A safe way of monetising your property, when you cannot wait for the right purchaser.
EACH CASE IS UNIQUE. WE HAVE AN UNIQUE SOLUTION ALSO FOR YOU