LUSQ is a unique real estate service in the Czech Republic, which is the first to make it possible to buy an investment apartment online, not to worry about anything and only to collect the guaranteed LUSQ return. The service combines the extensive experience of the founders from the fields of real estate, law, finance and online services and brings its users a simple way to guarantee appreciation of free funds.
LUSQ is brought to the market by the ndot.cz team. Its ranks include experienced Czech entrepreneurs and experts from a number of fields. They bring digitization to traditional industries such as finance or real estate.
We monitor the real estate market in proven locations and systematically buy apartments that can generate an interesting return and whose price has growth potential. We will first completely renovate the property, then rent it out and then offer it for sale on the LUSQ website. The interested party buys the selected apartment from the comfort of his home. The customer does not have to worry about management and rental. Everything is included in the price. Every month, the owner receives the Guaranteed LUSQ return on his account, which is cleared of all costs and fees. Selling an apartment is as simple as buying it. Everything happens quickly, easily, online.
Czechs want a brick. Even though it is fashionable today to invest in real estate through securities, at LUSQ we believe that the customer prefers the actual ownership of an apartment to a real estate fund or a bond. In a crisis, paper can only do paper. A brick will remain a brick.
LUSQ buys properties that generate attractive returns. A typical representative are smaller apartments that rent well and bring the highest appreciation over time.
The expected LUSQ return is the amount the property owner will earn per month (guaranteed return) and the expected monthly increase in the value of the property. The guaranteed income is the gross income before taxation, including the contribution to the repair fund and, if applicable, repayment of interest - principal of the loan. The tenant pays the rent to the LUSQ Administration, which deducts the cost of so-called facility management and pays all fees related to the apartment. The rest of the rent, which is the amount corresponding to your guarantee, goes to your bank account.
LUSQ's guaranteed income minus the cooperative fee and the repair fund goes to your bank account once a month, which you specify in the contract.
Income is subject to income tax of 15% (czechs).
The LUSQ administration itself searches for tenants to occupy the apartments. He cares about who he rents the properties to. Preference is given to solid, long-term tenants.
The risk of not occupying the apartment is assumed by LUSQ. You receive a guaranteed return even if the property is unoccupied.
You can find all documents, information and bills related to the property directly in the LUSQ web application.
The LUSQ administration provides all the services that the owner of an investment apartment would normally have to provide himself. These include property management and maintenance, tenant search, rent collection, and provision of services. Communication with SVJ, bookkeeping of LUSQ cooperative and many others.
The difference between the rent collected from the tenant and the LUSQ Guaranteed Return covers all necessary service costs. The owner does not pay anything else.
Of course, the owner can dispose of the property as he likes. It is necessary to take into account the notice period of the LUSQ Administration service, which is 6 months.
The property is owned by the owner. He can, of course, sell it if he so chooses. You can also sell directly through LUSQ.
Investment apartments are a sought-after commodity. Most sales take place within a matter of weeks or months at the most. LUSQ will recommend the optimal selling price.
LUSQ is not responsible for the rise or fall of real estate prices. LUSQ buys properties in locations where housing prices are expected to rise. Of course, short-term fluctuations can occur. Until now, apartment prices have always risen in the long term.
LUSQ services are bound by the Framework Agreement that you conclude with LUSQ when you purchase a property. This framework agreement defines the terms of purchase, sale and management of the property. You may terminate the LUSQ service by a) selling the property through LUSQ; b) termination of the LUSQ service. The notice period is 6 months. After this period, you can of course dispose of the apartment as you wish.
Of course. The apartment belongs to the owner and he can do with the apartment as he wants. After the notice period of the LUSQ Management service has expired, the owner can still live in the property.