Property management and Maintening Standards and professionalism

Santos C.O. Investments LTD wil cover the operation, control, and oversight of your properties. A property manager (or property management team will be asigned that will be responsible for the day-to-day activities required to ensure that your property is well-maintained and generates a steady income for the owner. Property management can apply to residential, commercial, or industrial properties, and involves a variety of tasks depending on the type of property and the owner’s needs.

INVESTMENT OPPORTUNITIES IN LAGOS, OWERRI & PORT HARCOURT

Well located apartments in certain prime areas of the city tend to be in high demand and could therefore guarantee real estate investors excellent returns on investment. The Lekki neighborhood happens to be one of such prime areas with attractive residential property investment opportunities. Savvy property developers in Lagos are able to take advantage of emergent opportunities and in some locations, offer lucrative property investment opportunities to Investors which in instances yield quite significant returns on principal investment, whilst also ensuring comparatively early reversion of the principal within a few years of investment.

KEY RESPONSIBILITIES task OF OUR MANAGEMENT TEAM

1. Tenant Acquisition and Retention

Marketing & Leasing:
Property managers are responsible for advertising available units, showing properties to prospective tenants, handling the leasing process, and signing rental agreements.
Tenant Screening: This involves vetting potential tenants through background checks, credit reports, references, and rental history to ensure they’re reliable and will be responsible renters.
Lease Enforcement: Ensuring tenants adhere to the terms of the lease, such as paying rent on time, following property rules, and maintaining the property.

2. Rent Collection

Setting Rent: Property managers help set competitive and market-appropriate rental rates to attract tenants while ensuring profitability for the owner.
Rent Collection: They are responsible for collecting rent, whether on a monthly, quarterly, or yearly basis, and ensuring payments are made on time.
Late Payments: If rent is late, property managers may follow up with tenants, impose late fees, or take legal action if necessary.

3. Maintenance and Repairs

Routine Maintenance: Ensuring that the property is well-maintained, including tasks like cleaning, landscaping, and ensuring all appliances are in working order. Emergency Repairs: Responding to emergency situations, like plumbing issues or electrical problems, that require immediate attention. Vendor Management: Hiring and coordinating third-party contractors or service providers for specific tasks like HVAC servicing, pest control, or landscaping.