Guaranteed rent allows an owner to hand over the operation of their rental property to a company that becomes their tenant. When choosing a provider, generally positive reviews are not enough: the specific contractual terms, price, and extent of cover for non-payment and vacancy are what matter.
With guaranteed rent, the agreement and chosen option are decisive. Bohemian Estates starts paying rent from the first occupancy of the flat, which occurs on average 27 days after handover, although this is not a guaranteed timeframe. After the first occupancy, we cover subtenant non-payment under all options. Payments during vacancy differ between the options.
The property management company signs a lease agreement with the property owner and subsequently lets the flat under a sublease agreement. This means the company collects rent, communicates with tenants and its own suppliers, and handles all administration associated with the rental.
Record the condition of the flat in the handover protocol and distinguish between normal wear and tear, damage and maintenance in the agreement. Minor repairs and routine maintenance are paid for by the subtenant. We arrange home and liability insurance for every tenant and subtenant; specific damage may be covered in accordance with the insurance terms. Repairs and renovations paid for by the owner always require their consent, regardless of the amount.
The service is intended for owners who want to entrust the operation of their rental property to professionals. Before signing, assess the price of the service, the scope of the guarantee, payments during vacancy and the length of the agreement. A guarantee does not mean that every option covers every risk in the same way.
To provide a specific offer, we need to know your flat, its location and condition. Send us the relevant details; we will agree the amount and terms before signing the agreement.
We have specialised in professional property management since 2006 and manage more than 2,000 flats with a total value of CZK 15 billion. The benefit of the service for a particular owner depends on the agreed offer, occupancy and the flat's costs; it is not a universally promised increase in returns.
We offer three options – RETURNS, CERTAINTY or COMFORT. In all cases, we handle property management including all related services; with the COMFORT option, however, we guarantee 100% of the rent even in the event of vacancy.
Fançois Ruzek
Private investor
Bohemian Estates has been my reliable partner for residential property management in Prague since 2018. I am completely satisfied with its broad range of services, not least thanks to its reliable and experienced client advisers.
Miroslav Šebesta
Member of the Board of Directors, JRD Group a.s.
I have worked with Bohemian Estates for many years. They have an excellent understanding of the property market and its potential. Their services are delivered to a highly professional standard.
Ondřej Horázný
Driving school operator and lawyer
The company handles the long-term rental and management of several properties for us. An advantage is that it ensures continuity between individual tenants, so there is no need to monitor rent payments.
This guide is published by Bohemian Estates, the service provider. It is not an independent ranking. The client testimonials above describe their cooperation with the company and property management; on their own, they do not demonstrate the outcome of a specific guaranteed rent option.
Payments begin with the first occupancy, not simply when the flat is handed over. If a subtenant fails to pay, we pay 100 % of the agreed amount for the owner under all options. In the event of subsequent vacancy, Výnos pays a symbolic CZK 1, Jistota 60 % and Komfort 100 %. This is a share of the agreed amount for the owner, not a promise of the flat’s full advertised price. During vacancy, Bohemian Estates covers energy and utilities.
The agreement with the owner is concluded for two years. Before signing, have its termination terms and the process before the end of the agreement explained to you; do not confuse this with the option to leave at any time by giving two months’ notice. Assess the scope of repairs and insurance according to the agreement, not a general advertising slogan.
Review the guaranteed rent terms and conditions and prices of the individual options. If you are still choosing how to let your property, our comparison of an estate agency, property manager and guaranteed rent for owners will help. You can request a no-obligation offer using the form on this page.
