Property management
Our hands-off property management service looks after all of the details of running your Bulgarian property.
We have a very professional but personal service and are highly experienced in dealing with all aspects of property management in Bulgaria.
For example, we currently manage well over 20m EUR of property in Sofia alone for investors.
Our property management service costs just 10% of the monthly rent + VAT.
We offer a true hands-off property management service. All you have to do is sit back and receive (1) the regular payments into your bank account & (2) our monthly reports. We do the rest.
Our property management service looks after all the details:
- tenant finding & rental contracts
- handover protocol to ensure tenant has keys, pays rent correctly, records utility meter readings
- inventory preparation
- 24/7/365 service for tenants & essential maintenance
- 24/7/365 online access for landlords to all property details
- UK phone number and English speaking Property Manager
- chase tenants for any unpaid rent
- hold keys and all property documents
- free mail collection & processing
- rent collection (& chase tenants for any unpaid rent)
- rental deposit holding & arbitration
- act as first point of contact for the tenant
- regular property inspections
- organise maintenance of the property
- organise property insurance
- attend "owners committee" meetings for the building
- full record keeping - keep track and account for all payments and bills related to the property
- pay annual property taxes on behalf of the landlord
- pay any other local taxes (such as council tax, garbage tax etc) where relevant
- pay all the bills (eg service charges, electricity & maintenance) on your behalf
- and more
- cleaning
- welcome packs for tenants (mainly relevant for short-lets)
- accountancy: ensure annual tax returns are filed for the investor
- open a local bank account
- company services (registered seat, databox, accounting)
- legal services
- reconstruction, renovations, interior design, furnishings - from fitting lights to full scale building works
- building maintenance works (electricial inspections, gas controls, chimney sweeping, boilers, sewerage and so on)
In essence, our property management service handles everything related to the care of properties on behalf of landlords.
All clients have access to our unique online property management system showing full details of your property, all incoming/outgoing payments, rental history and more.
Contact us for more information on how we can help with the management of your Bulgarian property.