Relux Estates offers a full range of services for both property owners and landlords alike, who can be confident that their properties are in safe hands. Opting for a Property Management Company to oversee the care and maintenance of your property is the right decision as it will not only guarantee that your property will be kept in good order but will ensure that you will profit from rentals too.
Effective management of real estate in Cyprus can increase rental profit by 6-7% per annum.
Property management includes marketing and advertising your property to find the right tenants, preparing your property to reach rental potential, creating reports with indications of profitability, security of the property, and property maintenance. By signing 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 time and money.
As part of the management department, we are pleased to offer the following services:
- Weekly inspection of the property (visual inspection of the house, checking the operation of the main units, the availability of electricity, and water, a report on the work carried out in writing with photos if necessary)
- Payment of electricity bills
- Payment of water bills
- Payment of annual municipal taxes
- Payment of bills for garbage collection (once a year)
- Representing the interests of the owner at the annual meeting of the committee
- Representing the interests of the owner in all necessary and non-standard situations related to real estate, including communication with service companies
- Involvement of third parties to perform assigned tasks at the request of the owner and verification of completed works
- Execution of other assignments that do not require material costs
- Maintaining a cost balance
- Storage of apartment keys
Fees are calculated according to the selected services, tailored to the landlord’s requirements, and in each case created in the contract with the owner of real estate.