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Management-Service

Management Service

You can contact a management service for letting your villa/apartment, you will need to make enquires locally or through the Agency you are buying through. 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, perhaps they will advise it's not suitable for short or long lets because:

- it is positioned too far away from main areas to rent weekly
- lack of roads or lighting to property, safety etc (may suit a long term rental not short term).
- they are not managing your condominium block at the moment or other etc.
       
     

Maintenance

Also check what maintenance arrangements are in place for your property. Are you insured if things go wrong, will it cover contents. How will it work if you live in a block of apartments and you all need to share the costs for a repairs and what happens if one or two owners do not pay?

Think about how you will you deal with wear and tear and replacement of items after a number of years. Perhaps sliding doors, door handles, locks will get damaged, find out how easily these can 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.


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