If you own an apartment or a building and have no time to look after it yourself, a property management company can save you a lot of time and effort. But the wrong choice can cost you more than it saves. Here are the most important things to ask about before you start.
1. Experience in your area
Every area has its own market: furnished rentals in Zamalek are not the same as family rentals in Maadi. Ask the company about the units it manages in the same area, and the kind of tenants it deals with.
2. The services, in detail
Property management is more than leasing. Make sure the service includes:
- Marketing and leasing the unit
- Handover, receipt and condition checks
- Periodic maintenance
- Collecting rent on time
- Continuous communication with the tenant
3. Maintenance: who does it, and how?
Ask whether the company has a specialist maintenance team or relies on changing labor. Periodic maintenance is what protects your unit’s value in the long run.
4. Collection and transparency
You should know when rent is collected, how it reaches you, and how you will learn about the unit’s condition. A good company keeps you informed without you having to ask.
5. Speed of response
Try it yourself: send a message and wait for the reply. A company that is slow with you while you’re still a new client will probably be slow with your tenant too.
Complete management for your property… lasting peace of mind.
At Egypt Paradise we manage 22 residential units across the Nile, Maadi, Manial, Sheikh Zayed and Alamein, with over 9 years of experience. Want to know more? Talk to us on WhatsApp.