From Renovation to Rental: a New Investment Service by RIEL and MYFREEDOM
At RIEL, we believe that investing in residential property is, above all, about peace of mind and confidence in the outcome. That is why we have created a solution that allows investors to generate income from real estate without day-to-day concerns. The entire journey — from preparing the apartment and carrying out renovations to launching it on the rental market — can be entrusted to professionals, leaving you with what matters most: a predictable result.
This approach makes it possible to reach rental income faster, avoid unnecessary complications when working with contractors, and minimise risks that often arise during renovation and at the initial stage of operation. We have made residential property investment as simple and transparent as it should be today — together with MYFREEDOM.
After purchasing a property, the issue of professional management arises — the very factor that turns real estate into a stable financial instrument. This is where MYFREEDOM comes into play, providing a full cycle of rental management without involving the owner in operational processes. With over 300 properties under management and thousands of guests hosted every year, the effectiveness of this model has been proven in practice.
According to the contractor’s calculations, 38 sqm apartments in Lviv can generate around USD 520 per month, while 45 sqm apartments in Kyiv can bring in approximately USD 610 per month, clearly demonstrating the real potential of residential property as a source of passive income.
The property management team takes full responsibility for the entire process: viewings, tenant screening, move-in and move-out procedures, communication with condominiums, payments, and monitoring the technical condition of the apartment. The owner receives an official contract, transparent reports, and regular payments — with no unnecessary hassle. Both short-term cooperation options are available — including daily rentals with returns of up to 40% — as well as a long-term format, where the apartment owner receives a fixed monthly rental income based on the average market rate. The management company’s fee ranges from 10-15% of the monthly rental payment. This allows owners to clearly understand their projected net income in advance and earn passive profit without being involved in day-to-day tenant management.
To ensure that preparing a property for rent requires no involvement from the investor, all renovation works are handled by Remont Buro, a comprehensive renovation partner of RIEL. The team supports the apartment at every stage — from basic works to furnishing and appliance installation. As a result, the property is fully ready for occupancy immediately after the keys are received. Flexible renovation packages, the option of individual design solutions, clear timelines, and transparent pricing turn renovation from a potential burden into a well-structured and logical stage of the investment process.
The key advantage of this solution is time savings and predictability. For many investors, it will be a real relief — especially for those who live in another city or abroad, purchase property for their children ‘for the future,’ or simply want their square metres to work instead of standing empty. The full “purchase – renovation – rental” cycle makes it possible to start generating income immediately after the building is commissioned, without having to figure out where to begin.
The new service is already available in Lviv across the America, Riel City, Vezha, and Novyi Fort residential projects within the Mistechko Pidzamche. These are locations with consistently strong rental demand, where quality renovation and professional management make it possible to reach profitability as quickly as possible.
For more details on new investment opportunities by RIEL, please contact our sales offices in Lviv. The RIEL team is here to support you at every step — from choosing an apartment to the moment it begins generating stable income for you.
