Information for Landlords

Why choose Absolute Property Management?

Absolute Property Management is based in Larnaca and has a detailed knowledge of the rental market in the town and the surrounding areas.  We offer a variety of management packages to suit individual landlord’s requirements from simply finding the right tenant to full property management.

Absolute Property Management will market your property in a professional manner with a full description of its features and numerous internal photographs. This is an area too often neglected.  We do this because we listen to feedback from our tenants and they appreciate details of properties not being presented in the usual 'bullet point' fashion with one photograph of the outside of the property.

All of the work we undertake from engaging with tenants to doing viewings and managing your accounts is done in one place. We do not have different offices for managing your accounts, and we are local, based in Larnaca. This means that if you ever have a query or question we can deal with it immediately in house.

What can you offer me as a landlord?

We advertise in the right places and know what works for lettings and we always have an up to date tenant database which we can draw upon and we will advertise your property through our Website and local property publications.

We offer tailor made management packages to suit individual needs, from full management to tenant find. Our rates are the most competitive in the area.

Our fees are the most competitive around and we pride ourselves on the friendly and professional relationship we have with landlords.

We are proactive. We match tenant’s requirements to our properties; we don't wait for the phone to ring.

What type of management do you offer?

The main management packages are listed below although we do maintain a flexible attitude and are able to adapt our service to meet our client’s individual circumstances for example by providing a part only service or by taking on additional tasks and duties.

We only ever charge our commission when the rent is paid and not when the rent is charged. This means that it is in our interests that tenants pay rent promptly. We do not charge a premium for Housing Benefit tenants; the commission remains the same for all.

Whichever service you require we will provide you with a distinctive 'To Let' board, will advertise in the local press, on our website. We’re available in the office five days a week and are contactable out of hours seven days a week and you can be sure that your property is advertised in the right places.

Full Management Service

Free To Let board - the most distinctive and stylish around!
Advertise in the local press and on our website.
Accompanied viewings
Take up references and guarantor where necessary
Draw up Tenancy Agreement
Arrange utilities change over
Supply a comprehensive inventory of contents and condition with photographs (at an additional cost)
Regular property inspections
Check in/check out of tenants
Collection of rents on a monthly basis
Supply monthly statements to landlords to assist in the preparation of their accounts
Deal with day to day problems
Sort out any maintenance issues
Holding of the Tenants Deposit in our Deposits Account.

Tenant Finder Service

Free To Let board - the most distinctive and stylish around!
Advertise in the local press and on our website
Accompanied viewings
Take up references and guarantor where necessary
Draw up Tenancy Agreement
Supply a comprehensive inventory of contents and condition with photographs (at an additional cost)
Check in of tenants
Collection of first months rent and deposit which is then forwarded to the landlord
Please note we are not responsible for the property during any void periods

How much money can you save me?

Low fees and professional Service

We take our job seriously and offer you the best service and advice available. We are convinced of this fact as so much of our business is from recommendations our fees are certainly the most competitive around. All work from sourcing the tenant to on-going management is done from the same office which cuts out beaurocracy and leads to a more personal service..

No Tenancy Renewal Fee

Wherever it suits a landlord or tenant there is no requirement to renew our Tenancy Agreements. After the initial six month period they roll on and are then Periodic Tenancies which are brought to end in the same way, by one party giving the other notice.

 

Guide for Landlords on renting property successfully

Before a property can be let there are several matters which the owner/landlord will need to attend to. If you require further advice or assistance with any matter, please do not hesitate to contact us:

Mortgage

If your property is mortgaged, you should obtain your mortgagee's written consent to the letting. They may require additional clauses in the tenancy agreement and we need to be informed of this.

Sub-letting

If you are a tenant yourself, you will require your landlord's consent.

Insurance

You should ensure that you are suitably covered for letting under both your buildings and contents insurance. Failure to inform your insurers may invalidate your policies. We can advise on Landlord's Legal Protection, and Landlord's Contents insurance if required.

The inventory

For unfurnished or for fully furnished properties, it is important that an inventory of contents and schedule of condition be prepared to avoid misunderstanding or dispute at the end of a tenancy. Without such safeguards it will be impossible for the landlord to prove any loss, damage, or significant deterioration of the property or contents. To allow us to provide a complete service to the landlord, we will if requested arrange for a member of staff to prepare a Video inventory and schedule of condition at a cost to be agreed.

Preparing the property for letting

We have found from experience that a good relationship with tenants is the key to a smooth-running tenancy. As Property Managers the relationship part is our job. Our policy of offering a service of quality and care therefore extends to our tenant applicants too, and we are pleased to recommend properties to rent which conform to certain minimum standards. Quality properties attract quality tenants.

General condition

Electrical, gas, plumbing, waste, central heating and hot water systems must be safe, sound and in good working order. Repairs and maintenance are at the landlord's expense unless misuse can be established.

Appliances

Similarly, if the property contains appliances such as a washing machine, fridge freezer, cooker, dishwasher etc. these should be in working condition. Repairs and maintenance are at the landlord's expense unless misuse can be established.

Decorations

Interior decorations should be in good condition, and preferably plain, light and neutral. It is worth considering cleaning or replacing carpets if necessary.