MKN GroupReal estate, end to end
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+420 774 737 461

A Prague flat that earns while you do nothing

Most managers name a figure only after a meeting. We have three plans with the share fixed in advance and a calculator you can use right now.

Calculate the yield
3

management plans to choose from

12/12

months paid even while the flat is empty, under Fixed management

50 %

of the rent even while the flat is empty, under Stable management

Why invest in Prague specifically

Short and clear. If you want to go deeper, every point comes with numbers.

+14%

How much older Prague flats rose in price in a single year (2025).

3×

What an older Prague flat costs today compared with 2013.

CZK 454

Average monthly rent per m². The highest in the Czech Republic.

+22%

How much Prague rents have grown over the last three years.

Prague, or another Czech city?

In smaller cities rent looks better relative to the purchase price on paper. Prague leads in everything that matters if you want peace of mind.

Who rents the flat

The largest rental market in the country: students, expats, company employees and families. A mortgage payment here is 1.5–2× the rent, so people stay in rented homes long term.

A smaller pool of tenants. Demand depends more on a single employer or industry in the region.

Selling

The most liquid market in the Czech Republic. You find a buyer even when the market slows elsewhere.

When the market cools, flats take longer to sell and at a bigger discount.

Return

Gross 3.5–4.5% a year from rent, plus growth in the flat’s value. A refurbishment lifts both.

Gross 5–7% a year from rent, but with a higher risk of an empty flat and a slower sale.

Taxes made simple

The Czech Republic taxes rental income lightly. If you let as a private individual, you pay only income tax, with no other taxes or levies. Four things worth knowing:

  • 15% on rent, about 10.5% in practice

    You first deduct a flat 30% from your income, with no receipts needed. Only the rest is taxed.

    In detail: Section 9 of the Income Tax Act, flat-rate deduction capped at CZK 600,000 a year. Actual expenses including depreciation can be claimed instead. The 23% rate applies only to the part of the base above CZK 1,762,812.

  • Only income tax

    Private individuals pay no social or health contributions on rental income. Only income tax.

    In detail: Applies to letting outside a trade licence under Section 9.

  • Tax-free sale after 10 years

    If you own the flat for more than 10 years, the gain on sale is not taxed.

    In detail: Holding test for property acquired from 2021; 5 years for older acquisitions. We assess the conditions for each flat.

  • No transfer tax

    You pay no transfer tax when buying a flat. It was abolished in 2020.

We handle the taxes for you

You do not need to understand the Czech tax system.

  • We keep records of income and expenses for the whole year
  • We work out whether the flat-rate deduction or actual expenses pays off better
  • We prepare all documents for the tax return
  • We see it through to filing
  • We arrange insurance for the flat. Full cover for an average flat costs around CZK 3,000 a year.

General information, not a substitute for individual tax advice.

Sources: Czech Statistical Office and ČBA Monitor (flat prices 2025 and Q2 2026), Hypoindex and UlovDomov (rents 5/2026), Nemovitostní kalkulačka (yields), Czech Income Tax Act.

Why us

A comparison with what you usually run into at property management firms.

The yield

The share is set by the plan. The calculator is on the website, the exact figure follows a viewing.

You learn the figure at the meeting, after a viewing.

An empty flat

Three plans that state in advance what happens during vacancy, including one that pays you 50 %.

“Guaranteed rent” is negotiated case by case and the terms differ every time.

Scope of service

We find the flat, refurbish it, manage it and sell it at the right time. One partner, one responsibility.

Management ends at the tenancy. Refurbishment and sale are someone else’s job.

Reporting

A regular overview of income, costs and the technical condition of the property.

Information on request.

Taxes

We keep the records and prepare everything up to filing the tax return.

You handle the tax return yourself or with your own accountant.

Three plans. You choose by what matters more to you.

Yield managementMaximum return, standard security
85–90%of rent actually collected
CZK 0
RecommendedStable managementA balance of return and security
80–85%of market rent
50%of the rent
Fixed managementCertainty regardless of occupancy
Fixed amountas agreed
Fixed amounteven when the property is empty

Estimate your income

CZK

An indicative estimate. For yield management, the share is calculated from rent actually collected. We set the exact terms after viewing the property.

OptionLetEmpty
Yield management
Stable management
Fixed managementSet individuallySet individually

The whole chain under one roof

Renovation is an extra step. It is not required, but we recommend it – it raises both the rent and the value of the flat.

Recommended

With renovation

We renovate the flat first and let it afterwards. Higher rent and a higher sale price.

  1. 1 · SelectionWe find a flat to match your budget and target yield. We assess the location and the technical condition.
  2. 2 · RefurbishmentLayout design, budget and full delivery including wiring and plumbing. We get the flat ready to let.optional step
  3. 3 · ManagementTenants, contracts, repairs, settlements. You receive the money and a regular overview.
  4. 4 · SaleWhen the appreciation is worth taking, we sell the property, presentation and negotiation included.

Without renovation

The flat is in good shape, or you want to start right away. We skip the renovation and go straight to management.

  1. 1 · SelectionWe find a flat to match your budget and target yield. We assess the location and the technical condition.
  2. 2 · ManagementTenants, contracts, repairs, settlements. You receive the money and a regular overview.
  3. 3 · SaleWhen the appreciation is worth taking, we sell the property, presentation and negotiation included.

We will give you a real number

Tell us what flat you own or are looking for. We will get back to you within one business day with a suggested plan and an estimated yield.

Or give us a call+420 774 737 461

Email or phone is enough.

We'll only use your details to reply to you.

Management plan

Yield management

How it works

You receive 85–90% of the rent the tenant actually pays. The rest is our fee for full management. When the flat is empty between tenants, you receive nothing. Neither do we, so we have the same interest in letting it again as fast as possible.

Who it suits

For owners who want the most out of the flat and are not bothered by a short gap in rent.

Example: a flat with a market rent of CZK 25,000 a month
Month with a tenantCZK 21,250–22,500
Month without a tenantCZK 0
Year with no gapsCZK 255,000–270,000
Year with 3 empty monthsCZK 191,250–202,500

Calculated from rent actually paid by the tenant.

Discuss this plan

Management plan

Stable management

How it works

You receive 80–85% of the market rent. When the flat is empty, we still pay you 50% of the rent. You carry only half the risk of an empty flat.

Who it suits

For most investors. Regular income even in months when a new tenant is being found.

Example: a flat with a market rent of CZK 25,000 a month
Month with a tenantCZK 20,000–21,250
Month without a tenantCZK 12,500
Year with no gapsCZK 240,000–255,000
Year with 3 empty monthsCZK 217,500–228,750
Discuss this plan

Management plan

Fixed management

How it works

Every month you receive the same amount agreed in the contract. It does not matter whether the flat is let, empty, or the tenant pays late. We take on all the risk.

Who it suits

For owners who want income like a salary: the same amount every month, no surprises.

Example: a flat with a market rent of CZK 25,000 a month
Month with a tenantCZK 19,000
Month without a tenantCZK 19,000
Year with no gapsCZK 228,000
Year with 3 empty monthsCZK 228,000

We set the fixed amount after viewing the flat. The example uses CZK 19,000.

Discuss this plan

For investors

What will the flat earn you?

Enter the monthly rent and see straight away what you get under each of the three management plans – occupied and empty.