How does Globexs make money with rentals?

When it comes to temporary rentals, Globexs invoices both the tenants and the owners.

Charges to tenants

To tenants who book a Globexs apartment housing, we charge an agency fee, a commission or a combination of both, depending on the location, the duration, and the type of rental.

To B2B clients we usually charge a commission. A commission is monthly amount that we charge on top of the rent. This can be anywhere between 50€ and 20% of the total invoice amount. On the invoice the commission can be identified as a separate concept, described as “Globexs commission and expenses”.

To B2C clients we usually also charge a 1-time agency fee. This agency fee is a fixed amount that is mentioned on the website for each apartment. Often B2C clients will find both concepts on their first invoice: “Globexs commission and expenses” and “Globexs agency fee”.

• 350€ for a rental between 1-2 months (450€ for luxury rentals)
• 650€ for a rental between 3-5 months (750€ for luxury rentals)
• 1200€ for a rental between 6-11 months (1400€ for luxury rentals)

All tenants also pay a linen fee of 150€. This amount is either invoiced in the first month of the rental, or in the last month, depending on the location, duration of the rental, and type of rental. In case of an extension we charge an administration fee of 100€. In case the apartment was left very dirty or damaged, and Globexs has to make a deposit report, an administration fee of 100€ is charged.

Charges to the owners

Apartment owners can choose between 3 plans: Partner plan, Premium plan or Superior plan. (How do I know which plan is perfect for me?). Owners on a Premium plan pay 2% service fee for each booking and an annual 99€ + vat publication fee. Owners on a Superior plan pay a 10% service fee and an annual 99€ + vat publication fee (499€ + vat in the first year).