If you own an apartment or villa in Spain or Bulgaria and wish to let it to holiday goers for profit, a property management service can save you many headaches in this task. Let's look at the key advantages of allowing a professional letting service take care of your property management needs.
Promotional Benefits from your property
Perhaps you're offering a gorgeous villa that is beautifully situated on a Sunny Beach, Bulgaria or in Spain, but you don't have a clue as to how to get the word out. A property management service promotes lettings on a wide scale - even those that are secluded. They are responsible for rental marketing tasks that you might not have the time or money to carry through. You can maximize your rental income potential by using a service that's experienced and has the resources (online and off-line) to reach millions of potential vacationers.
The property management minimize Travel and Phone Expenses
A property management service can handle all aspects of your rental needs, so you won't have to make multiple trips to and fro and run up outrageous charges on your phone bill while trying to make arrangements. The service will be the key holder, meaning they can take care of all the property details, such as cleaning and maintenance, lawn work, plumbing issues, and even renovations when these needs arise. You might even find a service that provides added services such as furnishing the home and providing other perks to boost your lettings.
Cover a Wide Area of Rental Property
You may find a service that covers a wide area of properties in Spain and Bulgaria, including property in Bansko, Sunny Beach, Nessebar, Saint Vlas, Sofia, Costa del Sol, Costa Alm, etc. This can be advantageous if you own multiple properties in these areas and wish for one property management company to handle the letting process for all your properties. You'll only have to keep in contact with one company, and there won't be surprises when it comes to customer service and pricing. It simplifies the process so you can enjoy your profits without undue stress.
Buying or Selling?
If you'd like to sell your rental home, some companies offer real estate services to buy and sell holiday homes. They provide the listing service, home viewings, snagging inspections for new constructions, and can even help you with the marketing and closing process. If you're in the market to purchase a holiday home, you can use these services to narrow your search. A company that specializes in holiday homes for letting purposes can help you find just the right match to fit your needs and budget.
Although you'll have to pay the property management company a fee or percentage of your rental income, this is well worth it considering how many tasks they handle for you. From furnishings to cleaning and everything in between, you'll be able to reap the benefits of a holiday home in Bulgaria without the usual worries of management and maintenance. |