Property management services are provided by our company City Hotels Ltd. on a contract basis and include the following:
 

       1. We are able to refurbish and furnish your property with all needed.

We have 8 years experience in renovating and furnishing apartments and houses. Profound knowledge of a local market, good connections with many retail shops, team of proven craftsmen and technicians guarantee quality and quick results. Our clients can benefit from the most reasonable prices on the market and enjoy higher rental levels. Our fee for the organization and supervising of the renovation and furnishing is 5% of the total invested amount.

       2. We will provide the following services against 50 Euro monthly for each property charge:
- Assistance in the management and maintenance of the documents circulation. Preparing and signing of Lease Agreements.
- Organization of the apartment maintenance.
- Regular communication with owner in case of any important circumstance and to produce at request payment documents to prove the expenses made for the property.
- Organization and complete assistance with regard to the payment of any and all expenses related to the property to third-party suppliers, including the expenses for power and water supply, cable TV, Internet, cleaning and maintenance of the real estate, cleaning and maintenance of the common parts of the building, repairs and reconditioning, etc.
- Organization and complete assistance in respect of the issue of any categorization papers, licenses and similar for the short-term or long-term rent of the property.
- Organization and full assistance in the payment of the annual property tax and waste collection fee.
- Organization and full assistance with regard to the filing and submission to the tax office of the annual tax statement and payment of the tax due by the apartment owner for the income from renting the property.
- Actions aimed to find, establish contacts, and offer the property to tour operators and travel agencies etc. with the purpose of renting the property to their tourists.
- Reception desk services and dispatch, handing over and back acceptance of keys, full assistance to the tenants, dwelling in the real estate, property of owner.
- Registration of the tenants, foreign citizens at the Local Police Station as required by the law.
- Taking into charge funds, property of apartment owner, to be used for all payments of expenditure, related to the real estate.
- Organization of the book-keeping and storage of the received invoices, payment receipts and other documents from third-party service providers, agents, local authorities, tax administration bodies, etc.
- Representation of apartment owner, protection of his rights and execution of his will before any and all third-party service providers, agents, local authorities, tax administration bodies, tenants etc.

       3. Brokerage fee for finding tenants are:

           0 - 3 months: 10% from the total rental income,

           3 - 6 months: 50 % from the first month rent,

           6 - 12 months: 75 % from the first month rent,

           More than 12 months: 100% of the first month rent.