How it works - Ownest rent-to-own program

With us, you'll live in your own home

We'll buy your dream apartment for you, and while you live in it as a tenant, you'll save up for a mortgage down payment.

Easy registration

Fill out with us a simple questionnaire and find out your purchasing power. This is the estimated value of the property we can buy for you. Registration is quick and completely non-binding.

Documents and approval

Necessary documents

In the customer portal "My Ownest" you will find a list of documents we need from you. Based on these, we will determine your exact budget for purchasing an apartment. You will also receive draft contracts from us, which we will calmly review together. Then we can start shopping.

Choosing an apartment from the whole market

Choosing an apartment from the whole market

What to consider when choosing

Once we agree that the housing you have chosen is the right one, we will send an offer to the seller and buy the property for you – in cash and quickly. We take care of everything – we will accompany you on viewings, arrange the apartment valuation, and handle all necessary paperwork.

Moving into your own

A new chapter in your life opens, you can finally move into your own place. From now on, you can hang a picture on the wall, drill a shelf, or paint rooms as you wish. And your four-legged pets are of course welcome!

Preparing for a mortgage

During the program, you live in the apartment and pay rent. Meanwhile, you save on your own for a mortgage, or prepare your old home for sale so you can buy the property. Ownest guarantees that you can stay in the rental for the entire duration of the program. With us, you don't have to move unexpectedly.

Buying the property

When you're ready for a mortgage, you can buy the apartment from us at a pre-set price. We will of course help you negotiate with the bank. And if your plans change, you can leave with the savings you've set aside in your own bank.

I'm interested

Buyback Price Calculation

Ownest guarantees the buyback price, regardless of what happens with real estate market prices. Additionally, Ownest is in a great position to negotiate a discount for quick action and certainty for the seller.

Apartment offer price

6,500,000 CZK

Discount for cash purchase

200,000 CZK

Monthly rent

20,600 CZK + fees

Andrea locked in an attractive buyback price for the apartment in 2025 and 2026 (i.e., she can buy it back in the 9th or 18th month after moving in).

Year
of buyback

Guaranteed buyback price*

Change in % compared to offer price

2025

6,687,500 CZK

2.88 %

2026

7,004,000 CZK

7.75 %

Future financing

Andrea will get a cheaper mortgage thanks to falling interest rates for prices she knows in advance from Ownest.

Assumed interest rate

Monthly mortgage payment

More affordable mortgage by

2024

5.5 %

33,200 CZK

2025

4.5 %

30,500 CZK

8.1 %

2026

3.7 %

29,000 CZK

12.7 %

*The price is already reduced by 65,000 CZK (1 %) for the option fee paid at the start of the program (see FAQ) and 1/4 of the discount for cash purchase, to which the client is entitled according to the contract; prices rounded up for simplicity.

I'm interested

Case Studies

Soňa

Account Manager

Soňa and her family planned to move out of their current apartment because it became too small after the arrival of their second daughter. They used Ownest's services to secure a larger apartment that had just appeared on the market. Thanks to Ownest, they had half a year to sell their old apartment and didn't have to lower the price they needed. After selling the old apartment, they bought the new one from Ownest. As a big benefit, they mentioned that the whole process—from renting and buying the new apartment to selling the old one—could be split into separate transactions and handled calmly, without unnecessary rush.

With Ownest, Soňa determined the value of her old apartment to know the price range for the new, larger one.

She reviewed offers for larger apartments in areas with good schools and kindergartens.

With Ownest, she chose a larger apartment that is part of a family house with a garden.

Ownest recommended a realtor who successfully sold the old apartment within 3 months.

After 5 months of renting, Soňa bought the apartment from Ownest.

Hao

Entrepreneur

Hao is in a situation where he could take out a mortgage and buy an apartment. However, at the moment, he sees the greatest appreciation of his capital in his business, and part of his funds are tied up in other investments, waiting for the end of a time test. If he postpones buying an apartment, he will soon be able to afford a better one thanks to the appreciation of his capital, or take a mortgage for a lower amount.

Hao selected a total of 7 apartments from sites like Bezrealitky.cz, Sreality.cz, and Reality.iDNES.cz.

4 out of 7 apartments, which were attractive both in valuation and layout, made it to the shortlist after discussion with the Success Manager.

Hao visited 3 apartments for viewings together with his Success Manager.

For 2 apartments, Ownest managed to negotiate an interesting discount for Hao, which covered the 2% brokerage fee.

Ownest bought the best apartment from the shortlist for Hao. Hao has the right, but not the obligation, to buy the apartment after 9 and 18 months.

Jana and Libor

Urban Planner and Auditor

Jana and Libor both have above-average incomes, but still need to save their own funds for a mortgage. They believe that as soon as mortgage interest rates start to fall, property prices will rise again and the supply of apartments in Prague will quickly shrink. That's why they chose the Ownest path.

They arranged a personal meeting with their Success Manager and agreed on what kind of apartments they would look for together.

At the very first viewing of an older apartment in Letná, they wanted Ownest to buy that apartment for them. However, Ownest thoroughly checked it and found legal defects that could significantly reduce the future value of the apartment.

At the second viewing, Ownest made an offer, but another buyer outbid them.

About a week later, the realtor from the second apartment contacted Ownest again and accepted their lower cash offer. It turned out the first buyer didn't have enough funds. Jana and Libor thus got a quality apartment and even saved money.

Frequently Asked Questions