Rent a flat the VR way

“Since May last year we have managed to negotiate 1,535 months of accommodation in these cities. We expect to see such constant growth in Warsaw as has been the case of Berlin. We are focused on our modern approach to rental, without unnecessary bureaucracy,” explains Radim Rezek, the founder and CEO of Flatio.

The agency’s clients generally include foreign managers, companies, students, digital nomads and those looking for temporary apartments because of such reasons as renovations to their usual home. According to Flatio, the owners of these apartments can make receive up to 25 pct more income from them than traditional long-term leases due to the higher rents. The rents are also attractive for such tenants, who have previously had to stay in hotels or have had the problem of finding accommodation for just a few months. Unlike short-term rentals, Flatio insists that there are fewer problems with their apartments, lower maintenance costs and it takes a shorter time to renovate them.

In the next few weeks Flatio will unveil a range of at least 500 apartments, all of which will be fully furnished with internet access. Reservations are done online, without any deposit or to visit the flat as they can be viewed virtually with the use of VR goggles. The contract is signed online and payments for the rental can take place via an app. The investors behind the scheme are Enern and Incomming Ventures.