Cluttons launches new management service in Bahrain
MANAMA, October 3, 2017
Leading international real estate consultancy, Cluttons has announced its Buy to Let Management Service, a new service line targeted to individual investors with rental properties in Bahrain.
The service offered is a one-stop shop, where the local team handles entire leasing and management services, based on the specific needs of hands-off landlords.
The Buy to Let Management Service team handles individual properties for a fixed price, and includes activities such as leasing, contract renewal processing, collection of rent and service charges, a 24-hour emergency line for tenants, arrangement of repairs and maintenance, as well as regular property visits and inspections, said the statement from Cluttons.
With the market in Bahrain set for growth as supply of free hold properties continues to increase in the Kingdom, Cluttons sees increased demand for tailored landlord services, it added.
Commenting on the new service, Harry Goodson-Wickes, the head of Cluttons Bahrain and Saudi Arabia, said: "Today, the world of property is changing rapidly and if we want to succeed in helping our clients, we need to embrace changing market dynamics. Our business has grown in Bahrain and we want to expand the service we can offer our clients."
"One of the latest instructions was Reef Tower in Amwaj, where Cluttons was selected as the sole leasing agent and we have been successful in leasing all units in five months. Through active management, the tower continues to retain 100 per cent occupancy" he noted.
To strengthen the company’s new offering, Cluttons has appointed Devolta Stroup, as the property manager for the Buy to Let service line.
With many years of experience at Cluttons, Stroup will be at the forefront in creating a tailored service that aims to make the process easier for landlords, as well as tenants.
A current landlord who lives in Cyprus and owns three apartments in Bahrain, said: "I’m delighted with the services being offered by Cluttons. The whole experience has been pleasant and stress free."
"I don’t have to worry about finding tenants, accompanying them for the viewing, collecting rent, providing maintenance for the properties and so on. Cluttons takes care of the whole process and the team is always available to attend to any queries," he stated.
"It’s because of the quality of service that Cluttons offers, I have been able to retain my tenants and grow my assets," he added.-TradeArabia News Service
