Entrust your overseas property maintenance needs to us, where every homeowner is treated with utmost care and professionalism. Whether you're miles away or just around the corner, our dedicated team ensures your property receives the meticulous care it deserves. From routine maintenance to emergency repairs, we've got you covered. Rest easy knowing your home abroad is in capable hands with our reliable and attentive services.

What do we do as your Property Manager?

Each property manager or property management company has their way of handling rental tasks. How we at Dalaba Real Estate company, managers will handle yours are as followed:

• Help determine the rent price
• Prepare vacant rentals
• List and advertise rental vacancies
• Screen and approve tenants
• Provide a lease agreement
• Enforce the lease agreement
• Collect rent
• Maintenance requests and repairs
• Document property records, including needed tax documents

Dalaba Real Estate Property Management Fees: A Quick Look

A Quick Look Check out the chart below to see typical fee ranges for our property management services:

Fixed Management Fees vs. Percentage-Based Management Fees

A fixed management fee stays the same no matter what. 

Example

If you collect D15000 in rent one month but D12000 in rent the next month due to a vacant property, you’ll still pay your property manager the same rate.

A fixed management fee structure can be advantageous in some circumstances, such as when you make more rental income than you do normally. However, fixed management fees may not incentivize management companies to collect rent from your properties as eagerly as otherwise.

Percentage-based management fees are much more common than fixed fees. They are anywhere between 8% and 12% of the total collected monthly rent in most cases.

As a result, you may pay a property management company more or less money each month depending on how much money you bring in.

Example

If you collect D15000 in rent for one month with a 10% property management fee, you’ll owe the property manager D1500. But if you collect D12000 in rent another month, you’ll only owe them D1200.

A percentage-based management fee structure can be beneficial, as you pay less money when you make less as well.

What Kinds of Fees Do Dalaba Real Estate Company Charge?

We, charge one-time fees: they include contract setup or onboarding fees and contract termination fees. Monthly fees for regular tasks: which cover the expected labour and expenses that are required to oversee and maintain properties, as well as managing tenants or tenant-related duties. Also including but not limited to: Late payment fees, Repair or maintenance fees, Reserve fund fees, Property update fees, Inspection fees, Eviction fees, Lease renewal fees, Services provided fees, Pet fees. Then there are the as-needed fees to cover irregular activities (such as finding a new tenant).

Other Property Management Fees

While most property management fees are predictable, some are only occasionally needed. Rarer management fees cover less frequent labour or expenses incurred by your property manager in the course of their duties as stipulated by your contract.

Less common property management fees include:

• Vacant property oversight fees
• Tenant-occupied unit fees
• Property leasing and/or advertising fees
• Eviction or collection fees
• Bill pay fees
• Unpaid invoice fees
• Property sale commissions
• Lease violation fees
• Returned check fees
• Extra duties fees

 Contract Setup/Onboarding Fee

We charge a one-time Contract setup or onboarding fees of D100 and D300. They cover the cost of setting up a new account with a property management company.

 Property Leasing/Tenant Placement Fees

Leasing fees are often flat fees of D300-D500. They cover associated costs to market or advertise vacant units, as well as:

• Screen tenants
• Show prospective tenants the unit
• Make lease paperwork for future tenants
• Performing move-in inspections

Property leasing fees are only charged when the property manager has to fill a new unit.

Repair & Maintenance Fees/Reserve Funds (optional)

We also offer a “repair reserve fee” service that is usually around D1,000-D3,000. This is used to cover the cost of repairs or maintenance tasks as they occur.

We at Dalaba Real Estate Company, have a network of trusted contractors, plumbers, pest inspectors, carpenters, electricians, builders and more. All properties we oversea are entitled to utilize these services under our “repair reserve fee” contact or independently as the tenant sees fit. We employ these contractors to fix damaged items in the properties they oversee, take care of pests like rodents or cockroaches, and more.

Please let it be noted that Dalaba Real Estate property management does not pay for these contractors out-of-pocket. Instead, we facilitate a deal, pertaining to the problem, and pass most of the costs of maintenance or repairs on to you, the property owner. Such an arrangement is fair and acceptable, provided that the repair and maintenance reserve fund is used for those duties. Noted, all receipt for services undertaken are given to client.

Contract Termination Fee

There may be a termination fees incurrence of D1,000—or in rare cases, even more. They are typically only charged if the homeowner ends the contract earlier than specified in the contract. In that case, a termination fee can be called for—and will be an agreed fee from the signing of the initial contract.    If after the contract expires and the client want to end a relationship with us, a termination fee is unreasonable.

Please state your interest.