Management

Working in partnership with a Property Management Company will not only guarantee, that your property will be kept in order, but that you will also make a profit from the renting of your apartment.

Experienced property managers are experts at finding good tenants and will take care of details, including carrying on security check on all prospective tenants from criminal records, running credit reports, verifing employment and collecting previous landlord references. This can be a fruitful partnership for both the property owner and property management company. The owner can either option for a percentage of the monthly rental cost or fixed sum of money. The profit from margin for an effectively managed property in Cyprus can be between 6 and 7 percent annually.

By signing a property management company with a professional property management company, the owner of the property not only avoids problems, associated with the managing of their property, but also saves money and time.

Property management includes:
- Marketing and advertising your property to find the right tenants;
- Preparing your property for renting;
- Making reports with indications of profitability;
- Security control of the property;
Property Maintenance.