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Property Management in Addis Ababa

Property management is an important aspect of Addis Ababa’s fast-growing serviced apartment and condominium sector. It plays a vital role in maximizing the life, assets and all-around quality of a building.

The delivery of building services also plays a key role in attracting and retaining tenants. Residential complexes need to be at par or be more innovative in this highly competitive market.

Whether the type of real estate is a single property or a large serviced apartment, property management sector provides a mix of owner-managed properties and professional companies.

Property Management can either be:

  • Owner-managed properties that deliver minimal services on a budget.
  • Professional companies that provide “full services” with varying success.

Professional property management in Cambodia is relatively new compared to other countries. However, this is starting to change.

Considering the high demand for commercial spaces, apartments and condominium complexes being built in the country, it’s the best time to look into the advantages that the property management sector can offer.

APARTMENTS

CONDOMINIUMS

THE COMMERCIAL SECTOR

The Future of Property Management in Ethiopia

The next few years will be interesting to watch unfold in the property management sector. It is expected that the traditional “family management” setup is about to change. Owners will slowly start to engage professional management services to meet the needs of the market.

From single property owned by foreigners living abroad to local landlords that own a large serviced apartment, our extensive knowledge of key real estate in Ethiopia makes us an ideal company to cater to the diverse needs of our clients.

Addis Houses have a wealth of experience in Ethiopian real estate. It gives us the expertise to ensure that you can expect the highest level of service that is within your budget. Our main focus is on attracting and retaining tenants. properties, Addis Houses  property management service is specifically designed to ease the stress out of property owners.

Addis Houses  employs a diverse team giving us the capability to communicate effectively with a different types of customers. All correspondence, communications, and accounting are performed by our staff. This allows the owners to just relax and receive payment each month.

Consequently, buildings that choose to ignore the importance of property management in managing and maintaining their building, and attracting/retaining tenants will soon realize the adverse effect of not employing this model.

PROPERTY MANAGEMENT BY Addis House

INVEST WITH EASE & CONFIDENCE
Addis Abeba  is one of  Africas ’s fast-growing economies and has been driving more overseas investors and expatriates to invest in real estate. We recognize that most of these investment properties remain vacant and non-profitable as property owners fail to physically manage their real estate investment.

Addis Houses Property Management Services provide overseas investors and expatriate landlords with comprehensive property management services.

TENANT SCREENING

Prospective tenants are required to submit tenant application forms along with proper identifications designed to identify potential red flags to keep you protected.

LEASE MANAGEMENT

LEASE MANAGEMENT We will represent you in Property Viewing, Contract Signing, Preparing Unit prior to Move-in, Move-out Inspection, Eviction, and Return of Security Deposit.

KEY EXCHANGE

Your key is safe with us – we will hand them over to the tenant as they move in and secure the key as they move out.

INSPECTION & MAINTENANCE

Our professional workers conduct monthly inspections and do necessary repairs to ensure your property remains in excellent condition.

TENANT RELATIONS

We are trained to communicate with hospitality and warmth, which Cambodians are known for, to ensure positive results with finding and retaining tenants.

TAX PAYMENT & REPORTING

We will manage the payment for property tax, leases, utility bills, invoices, and provide a comprehensive report on all expenses, including the unit condition, tenancy, etc.

FURNISHING & INVENTORY MANGEMENT

Breath easier knowing your rental is in the hands of the professionals. We can supply all furnishings through our local providers and keep a record of your property’s inventory.

PROPERTY MARKETING

We find the very best tenants quickly using custom marketing solutions with combination of powerful marketing tools and paid advertisements.

MANAGING YOUR PROPERTY IS JUST THE BEGINNING

Work hand-in-hand with our team of local real estate professionals and see the Addis Houses difference in the results we can generate firsthand. We aim to manage your property, maintain its spotless condition, and deliver strongest exposure and customer support so you’ll never have to wait long to get your property rented.

Our Real Estate Management Service Includes:

 Provision of dedicated specialist staff
 Full Financial Reporting
 Administration of building maintenance
 Conducting property inspections
 Managing external service providers
 Providing payment and receipt functions for billing of external services
 Provision of work plans and management of support staff and contractors
 Management of other agency inquiries and commission management

ETHIOPIA’S LOCAL PROPERTY MANAGEMENT EXPERTS

We’ve got the experience and the expertise to manage property efficiently. Learn more about our management services – contact us below or call us: 251 0964303030