Service
Property Management and Rental in Turkey
Your apartment earns while you are somewhere else, and one person here is accountable for it.
Most of our owners live in another country, so this is the ordinary case here rather than the exception. We furnish the apartment, find and screen the tenant, collect the rent and deal with the building.
One contact, in your language, accountable for the apartment while you are away. When something needs doing we handle it, then report it to you in writing.
What it includes
- Furnishing packages, from rent-ready to fully specified
- Handover inspection and snagging with the developer
- Tenant sourcing, screening and contracts
- Rent collection and transfer
- Aidat (service charge) and utility administration
- Maintenance, repairs and emergency response
- Written reporting, in English or Arabic
How it runs
The sequence, in the order it happens
Handover and snagging
We inspect the apartment against the specification before you accept it, list what is short, and hold the developer to fixing it. That is the moment their obligation is strongest, and we are standing in it for you.
Furnishing
A furnished apartment lets faster and better. We specify to the standard of the building and the tenant it is aimed at, and you approve the package before anything is bought.
Letting
Marketing, viewings, tenant screening and the contract. We tell you what the apartment will realistically achieve rather than what you would like to hear.
Running it
Rent collected and transferred, aidat and utilities administered, maintenance handled, and a written report so you can see the year rather than reconstruct it.
What management is actually worth
An apartment that is marketed lets sooner, and an apartment that is watched stays lettable. We are in the building, so a repair is a phone call rather than a flight.
Snagging is the sharpest example. A defect raised at handover is the developer's to fix, and we are there on the day to raise it, which is a window an owner abroad rarely gets to use.
Questions
What buyers ask about this
Do I have to use your management service if I buy through you?
No. It is a separate service and many owners manage privately or through the building. We are glad to hand over cleanly to whoever does.
What return will the apartment produce?
That depends on the apartment, the district, the furnishing and the season, so we model your specific apartment rather than quoting a market figure. You receive a gross number and a net one, with the service charge, the tax, the management and the empty weeks all carried inside the net.
Can you manage a property I did not buy through you?
Yes, subject to seeing the apartment and its documents first. A good share of the portfolio we run came to us that way.
Who pays the aidat and the utilities?
Usually the tenant pays utilities and the owner pays the aidat, though it is negotiable and appears in the contract. We administer both either way and report what was paid.
How do I know the rent I am told is the rent that was collected?
Rent is transferred to your own account and reported in writing with the tenancy contract behind it, so the three line up and you can check them from anywhere.
Talk to the person who would handle it
Tell us where you are in the process and we will tell you what this involves for your case, before anything is committed.