Management Service

You can get a management service for letting your villa/apartment, you will need to make enquires locally or through the agent you are buying from. Charges for this service vary. You may be told of one or two agents that provide this service, but there are more, just remember to do your research while you are there, not just before you go, things are changing weekly.

Also consider whether the apartment you buy will be managed by yourself or a management agency. Whether the Management Agency will rent the apartment for you, whether they will say they can't let it for short/long lets:

- because it is positioned too far away from main areas,
- too difficult because people they rent it too will complain they cannot see where they are going when walking home in the evening as there is no lighting/roads etc etc.
- they are not managing the condominium block at the moment etc.

Also what is going to happen after one year or when the developer/proprietor stops managing the building.

Maintenance

Also check what maintenance arrangements are in place for your property. Are you insured if things go wrong, inside the property or for associated services to the property. How will it work if you live in a block of apartments and you all need to share the costs for a repair?

How will you deal with wear and tear after a number of years of heavy useage of e.g. sliding doors and the handles, locks or rollers they run on being damaged, how can these be repaired or replaced. Some developments have imported furniture, fixtures and fixings from Spain, Italy and UK but I would not expect them to have replacement parts on the islands, its not as if you or they can pop down to the nearest Wickes's or B&Q.

For those that are in individualy managed blocks of apartments built by other smaller developers, you may wish to ask about similar needs for your property, which hopefully will be provided by the current Management Service provider.

You may wish to look at this type of long term arrangement for wear and tear.