Property Management in Romania

Rent Collection Only (Silver service)

Partial property management services:

• Collect the rent in a timely manner.
• Deposit rent into a chosen account.
• Deal with minor tenant issues.
• Verify gas bill payments status.
• Verify water bill payments status.
• Verify electricity bill payments status.
• Periodic inspections.
• Other non standard items are charged at up to 20e per hour.

Fee: 10% of the monthly rental, with a minimum of 30 euros.

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Full management (Gold service)

Full property management services:

• Collect the rent in a timely manner
• Deposit rent into a chosen account
• Deal with tenant issues
• Register rental contracts for & payment thereof income tax
• Verify all utility bills are paid up to date regularly
• Conduct a free Inventory check & report
• Conduct periodic checks on the property
• Automatically seek to replace tenants when required
• Carry out repairs & maintenance when required
• Renew property insurance
• Payment of land & building taxes, state taxes
• Mandatory annual gas & Electric circuit verifications

Fee: Up to 17% of the monthly rental.

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Vacant Property Management

Vacant property also needs to be taken care and given attention since they are not in regular use. Whether it is maintaining a presence to deter unauthorised access, or keeping pipes from freezing, or monitoring decay, it is vital that properties are not simply left unused for extended periods.

If you keep the property just for your own occasional use, or rent as a holiday home, or are just unable to find the right long term tenant, we can assist in managing your empty property. Typical tasks might include:

• Security checks & visits to start or stop heating for cold spells
• Inspection, snagging, handover-reception (for new property purchases)
• Guest reception & orientation trips (ideal for your holiday home clients)
• Shelf stocking to welcome your guests with a freshly packed fridge
• Payment of utilities, state taxes, insurance, maintenance, administration, gardening fees.

Inventory Check In/ Out service

One of the most common causes of disagreement stems from a poorly taken inventory, leading to disputes later when a tenant moves out refuses to acknowledge damage caused. This can be avoided with a properly conducted inventory report at the start of the tenancy, something often overlooked. Even if you manage your own properties, this impartial service makes it easier to settle damages & still maintain good landlord/ tenant relations.

At the start of a tenancy we will:

• List all aspects of your property
• Generate a condition report
• Obtain signed tenant/ landlord acceptance for the report
• If desired, hold the deposit as impartial parties

At the end of the tenancy, we can:

• Conduct a thorough condition review with the tenant.
• Agree which items need repair or replacement, & withhold that sum from the deposit.

The standard fee for this service is as follows:

• Unfurnished properties up to 3 rooms/ 50m+ in size 40€
• Unfurnished properties up to 5 rooms/ 80m+ in size 60€
• Unfurnished properties of 5+ rooms/ 120m+ in size 80€
• For furnished properties, please add 20€ to these prices.

Tenant Find Service (new reduced rates)

Finding the right tenant is more important as achieving the optimum rent. At WMP we conduct due diligence to determine tenant suitability, & provide you with our considered opinion to assist your decision making.

We use internet & regional publications to achieve the best publicity & reach the right clients.

Fees:

• For short term rental (less than 12 months) = 50% of one months rent
• For long term rental (13 months or more) = 10% of the first year's rent
• For long term commercial rental (12 months or more) = one month’s rent

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Cleaning & Maid Service

If you require your property to be cleaned on a regular basis or just for a special occasion (i.e., the mother in law is coming!), we can help with our local, hard working cleaning team. Just call or email us with your requirements. In addition, if you need help with daily chores such as Washing & Ironing, arranging for your dry cleaning, or just doing some shopping for you, why not give us a try.