Engel & Völkers Prague

What Engel & Völkers Prague does

Engel & Völkers Prague operates as the Czech Licensed Partner of Engel & Völkers Residential GmbH, a German premium real estate brand founded in 1977. The business is conducted through the legal entity Česká EuV Commercial s.r.o. (IČ: 275 33 328), headquartered at Plzeňská 3351/19, Prague 5 - Smíchov, with additional offices in Prague 2 - Vinohrady, Plzeň (since 2021), and Brno (since 2026). The firm employs approximately 140 real estate specialists organized into seven business divisions: Commercial Sales (the longest-operating unit, since 1988), Residential Sales, Commercial Leasing, Residential Leasing, Industrial, Land & Forest, and Property Management. It serves the mid-to-premium property segment in the Czech Republic, with average commercial property values around 50 million CZK.

The company's revenue model is almost entirely commission-based. Six of the seven divisions earn transaction fees on property sales and rentals — both residential (apartments, houses, villas) and commercial (office buildings, residential blocks, retail, industrial parks, land/forest assets). The seventh, Property Management, generates recurring professional-services revenue through landlord mandates covering tenant communication, utilities, emergency repairs, and renovations. Customer segments span private individuals seeking residential properties, institutional investors in commercial real estate, industrial/logistics tenants and developers, and owners of agricultural, forestry, and luxury estate assets. Distribution is direct and field-based: agents are assigned exclusive territories, supported by senior mentors, and engage in full-cycle deal management from acquisition through closing and after-care. Cold-calling and inside-sales activity is supported by an internal CRM.

Technology deployment is light and oriented around analytics and marketing rather than differentiation. The stack includes an internal CRM (no named vendor), Google Analytics, Google Tag Manager, Facebook Pixel (180-day cookie), HotJar for behavioral analytics, and Leady for lead generation. The only disclosed AI initiative is the rollout of paid Gemini AI accounts to employees for productivity, with no proprietary AI features, no valuation models, and no intelligent matching systems. Web infrastructure is GDPR-compliant with TLS encryption, SOC1 controls, and role-based access referenced. The firm maintains active social media presence (LinkedIn, Instagram, Facebook, YouTube) and operates a dedicated recruitment microsite at pracevengel.cz.

Name

Engel & Völkers Prague

Legal name

Česká EuV Commercial s.r.o.

Website

https://pracevengel.cz

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Engel & Völkers Prague is a licensed Czech real estate brokerage operating from offices in Prague, Plzeň, and Brno, with ~140 specialists across seven divisions covering residential, commercial, industrial, land, and property management services in the mid-to-premium segment.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Real Estate Teams & Agent Networks (Team-Based Brokerage) (BPAJAAAL)

akta.pro secondary industries

Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB), Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial real estate brokerage
• Residential property sales
• Property management services
• Premium real estate consulting
• Commercial property leasing

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Residential Property Sales Commission: Commission-based revenue from facilitating the sale of residential properties (apartments, houses, villas) in Prague, Plzeň, and Brno. Agents earn unlimited commissions plus base salary.
2. Residential Property Rental Commission: Commission revenue from rental transactions of apartments, houses, and villas in Prague and Plzeň. Fast-paced dynamic segment with quick results.
3. Commercial Property Sales Commission: Commission-based revenue from commercial property sales (residential blocks, office buildings worth tens to hundreds of millions CZK). The longest-operating department since 1988.
4. Commercial Rental Commission: Revenue from renting large office complexes, smaller offices, and retail spaces in B2B segment.
5. Industrial Rental Commission: Commission from industrial space rentals (warehousing, logistics, manufacturing) ranging from 200m² units to large industrial parks.
6. Land & Forest Property Services: Revenue from sale and purchase of agricultural land, forests, meadows, ponds, vineyards, castles, and estates across Czech Republic.
7. Property Management Services: Comprehensive property management services tailored to owner needs, maximizing income and handling tenant communication, suppliers, emergencies, and renovations.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Engel & Völkers Prague is a full-service real estate brokerage firm that facilitates the sale, purchase, rental, and management of residential and commercial properties in the mid-range to premium segment. Operating through seven specialized divisions (Commercial Sales, Residential Sales, Commercial Leasing, Residential Leasing, Industrial, Land & Forest, and Property Management), the firm serves clients across Prague, Plzeň, and Brno. The company operates as a Licensed Partner of the German Engel & Völkers Residential GmbH, leveraging the global brand's network of over 7,200 colleagues in 35 countries.

Product overview

Engel & Völkers Prague operates as a full-service real estate brokerage firm offering a coordinated portfolio of seven distinct product lines organized into specialized business departments. The core offering spans Commercial Sales (oldest team, since 1988), Residential Sales, Commercial Leasing, Residential Leasing, Industrial, Land & Forest, and Property Management. The company serves the mid-range to premium property segments across three Czech cities (Prague, Plzeň, and Brno) under the global Engel & Völkers brand, licensed as Česká EuV Commercial s.r.o. (IČ: 275 33 328).

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Sales (Komerční prodej) Facilitates the sale and purchase of commercial real estate, primarily residential apartment buildings and office buildings valued from tens to hundreds of millions of CZK. Serves commercial property investors and owners in Prague, Plzeň, and Brno.
• Residential Sales (Rezidenční prodej) Brokerage of residential real estate — apartments, houses, and villas — in the mid-range to premium market segments across Prague, Plzeň, and Brno. Targets private individuals and families seeking to buy or sell homes.
• Commercial Leasing (Komerční pronájem) Leasing of large office complexes, smaller office spaces, and retail units (restaurants, fitness centers, salons) in a B2B segment. Serves commercial property investors and tenants across Prague, Plzeň, and Brno.
• Residential Leasing (Rezidenční pronájem) Leasing of apartments, houses, and villas in the mid-range to premium segment in Prague and Plzeň. A dynamic segment with quick turnaround, targeting private individuals and families.
• Industrial Real Estate (Industrial) Leasing focused on warehouse, logistics, and manufacturing spaces. Handles units from 200 m² to large-scale facilities spanning thousands of square meters in major industrial parks. B2B transactions with investors, developers, and tenants.
• Land & Forest (Land & Forest) Specialized brokerage for agricultural land, forests, meadows, ponds, vineyards, castles, and farmsteads across the Czech Republic. The youngest department, staffed by three specialists covering distinct regions with deep local knowledge.
• Property Management (Správa nemovitostí) Comprehensive property management service handling tenant communication, utility transfers, emergency repairs, and building renovations, aimed at maximizing rental income for property owners. Tailored to each property's specific needs.

Quantifiable outcome

• Top performers earn 1-7 million CZK annually
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature1 record

Partnerships

One partnership is on record.

• Engel & Völkers Residential GmbHflagshipOEM/ Whitelabel/ Licensing PartnerČeská EuV Commercial s.r.o. operates as the Licensed Partner of Engel & Völkers Residential GmbH, gaining access to global brand, methodology, training, and network of over 7,200 colleagues in 35 countries.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Bezrealitky: Czech digital real estate marketplace offering a low-cost, direct connection between owners and seekers. Represents a disruptive, tech-enabled model that competes for mid-market residential and rental listings.

Broad incumbents

• CBRE Czech Republic: Global commercial real estate services leader with Czech operations focused on investment sales, leasing, and advisory for office, retail, industrial, and residential assets. Overlaps with the commercial and industrial brokerage divisions.
• Cushman & Wakefield Czech Republic: Global commercial real estate services firm with Czech operations covering agency leasing, investment sales, valuation, and advisory. Comparable for commercial and industrial transactions but broader service portfolio and larger scale.
• JLL Czech Republic (Jones Lang LaSalle): Global real estate services firm offering investment sales, leasing, valuation, and advisory across commercial, industrial, and residential in Czech Republic. Overlaps on commercial/industrial brokerage but with a much wider service portfolio.

Direct peers

• Coldwell Banker Czech Republic: Global premium real estate brand with Czech operations focused on the upper residential and commercial segments. Directly comparable as a premium, internationally-affiliated brokerage competing for the same client segment.
• Knight Frank Czech Republic: Global real estate consultancy with Czech presence focused on prime residential and commercial brokerage. Comparable in the premium and cross-border investment segment, particularly for commercial deals in Prague.
• CENTURY 21 Czech Republic: International real estate franchise present in Czechia with a network of independent agents offering residential and commercial brokerage. Direct competitor with comparable multi-city, multi-product positioning.
• Sotheby's International Realty Czech Republic: Ultra-premium global real estate brand with Czech affiliate offices focused on luxury residential and trophy properties. Competes directly for high-net-worth clients and premium commissions.
• RE/MAX Czech Republic: Global real estate franchise operating in the Czech Republic with a similar agent-based, commission-driven brokerage model across residential and commercial segments. Direct competitor for both clients and agent recruitment.

Regional players

• M&M Reality Holding: Largest Czech-domestic real estate brokerage network with broad geographic coverage. Competes for mid-market volume but lacks the international premium brand positioning; comparable in transaction volume and agent-driven model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@engelvoelkerscz
• Facebookfacebook.com/engelvoelkerscz
• LinkedInlinkedin.com/company/engel-v-lkers-prague
• Instagraminstagram.com/engelvoelkerscz

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Engel & Völkers Prague