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Management and Letting

This is the most popular service offered by our company.

It includes everything that is needed to maintain and to rent out your property, from paying the utility bills and annual local tax, advertising and placing tenants for short or long term rental, communication with other intermediates , to assisting the tenant/tourist fully during their stay.

We ensuring your property is clean, fresh and the beds made up, thorough airing of the rooms, laundering of towels and bed linen and maintenance or repairs if so required.

We guarantees the highest possible occupancy of the properties which we manage, giving you a good return on your investment.
We charge 500 euros per year.
We pay fixed rental price per night to the property owner when we rent your property on short-term basis (up to one month) or we charge a commission of 50% of the first monthly rental when we find a long-term tenant (month plus). The main factors forming the rental price are the location of the property, the standard of furnishing, the on-site facilities in the complex, the season (for ski resorts and beach resorts), the level of the market and the price given by the competitors for similar accommodation.

Our office are constantly in touch with the property owners, ensuring that they are kept informed about reservations, expenses, incomes etc and any important circumstances that relate to their property.

Owners can use their property as much as they wish provided that they have informed us in advance and if there is no booking already made or long-term tenant staying at their property.

We do have specific requirements which must be met in order to accept a certain apartment for Management & Letting. Please read the requirements below:

• The property and contents must be insured against all popular risks such as theft, earthquake, flood, fire. We are able to arrange the insurance on your behalf.
• The property must be fully furnished and fitted with all necessary items. We require a certain standard of furnishing for a property to be let.The property must be in excellent order, with no repairs needed, free of any building/structural problems, etc. All electrical appliances must be in good technical condition, working and safe for use. Please note that we will be dealing only with minor repairs and only after we have accepted a property for management & letting.
• The building and its communal areas must be in excellent order, fully completed and landscaped, regularly cleaned and maintained. We will not accept properties in apartment buildings/gated complexes which are not maintained and looked after.
• Your property must be located in a safe location. We will not accept properties in an undesirable area.
• Short-term lets must be regularly cleaned every 2 or 3 days at the owners expense.
• We only pay the rental income to property owners by bank transfer into a Bulgarian account or abroad. We recommend that you open an account with a Bulgarian bank to accept your rental income here, in order to save the bank charges from the international money transfers.