Landmark Properties, a top property brokerage agency, has expanded its property management division, enhancing its capability to deliver structured and cost-effective property management for large and small clients.

Acting as a landlord-tenant liaison in all matters relating to the management and leasing of properties, Landmark Property Management provides a turnkey range of bespoke services including property inspections, facilities management, and tenant management.

Thus, landlords can focus on maximising the return on their investments whilst minimising cost and direct involvement.

“The specialized property management service will benefit landlords by providing them with hassle-free management of their property,” explained Donna Newman, head of Landmark Property Management.

“Historically landlords in the UAE have not taken full advantage of the defect liability period (DLP), which gives owners a one-year contractual entitlement to report defects in their newly purchased property and have the developer rectify any faults.”

During the DLP, Landmark consultants work with owners and carry out a thorough and detailed evaluation of the property ensuring that any defects are identified and rectified by the developer thus saving the owner the expenditures.

While property developers conduct a basic snagging prior to handover, the experience and training of the LPM Consultants ensure that building, mechanical and electrical faults are properly identified and rectified.

The service also includes a periodical visual property inspection, which ensures that properties are maintained to its optimum state throughout its use to ensure the value of the asset remains high.

“This service will educate potential investors and new property owners alike making them aware of the various defects they should be looking for when the property is being handed over.  Consequently this will minimize future maintenance and repair costs and ultimately save them money,” continued Newman.

“Our service preserves and lengthens the lifetime of a property, thus helping landlords earn more revenue in the long-term.”

Landmark Property Management provides a complete handover consultancy, which can be tailored to suit the clients’ needs for all units ranging from studio apartments, villas or entire buildings.

Depending on the client’s preference of participation, LPM consultants can work either alongside landlords or on their behalf.

Landlords can take advantage of LPM services and maintenance packages for a set yearly fee starting from Dh1,000 ($272) upwards. The bolt-on services can be personalised to meet individual requirements to include anything from handover and insurance packages to maintenance, air conditioning and pest control services. – TradeArabia News Service