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.
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.
INSPECTION & MAINTENANCE
TAX PAYMENT & REPORTING
FURNISHING & INVENTORY MANGEMENT
MANAGING YOUR PROPERTY IS JUST THE BEGINNING
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