Flatio.com

Flatio operates as a tech-driven online marketplace specializing in monthly and mid-term furnished rental accommodations. Founded in 2015 by Radim Rezek and Jakub Škorpík, the company is headquartered in Brno, Czech Republic. Rezek, who serves as the CEO, started his first real estate venture while in his first year of university, bringing relevant industry experience to the company's leadership. Flatio primarily targets the digital nomad and remote worker demographic, alongside students and professionals in need of housing for periods ranging from five days to a year.

The platform's business model centers on connecting individual landlords with tenants seeking flexible living arrangements. Landlords can list their properties for free and utilize tools like virtual tours to attract potential renters. Revenue is generated through a service fee charged to both hosts and guests. The host fee is 5% (+ VAT) for private rooms and 7.5% (+ VAT) for entire properties, deducted from the rental payments. The company also offers a "Flatio for Business" solution, providing a streamlined administrative system for companies to manage accommodations for their employees on business trips, relocations, or internships for a one-time service fee.

A significant milestone in Flatio's history was the acquisition of the real estate assets of the Lisbon-based digital nomad housing marketplace, NomadX, in October 2020. This strategic move added approximately 1,700 listings in Portugal to Flatio's inventory and integrated members of the NomadX team. While Flatio took over the accommodation listings, NomadX continues to operate its brand and community, powered by Flatio's technology, and serves as a strategic partner. This acquisition was aimed at solidifying their position in the mid-term rental market and expanding their global footprint, particularly in the UK, US, and Brazil.

Flatio's platform offers several features designed to simplify the rental process for its users. Properties are fully furnished with utilities and Wi-Fi included in the price. For most stays under 180 days, no security deposit is required. The company facilitates legally binding lease agreements that can be signed online and are available in multiple languages. To ensure a secure experience, Flatio provides services like "StayProtection for Guests," which includes a Move-in Guarantee. The platform operates in over 300 destinations worldwide, including major European cities like Lisbon, London, Prague, and Berlin.

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