When new homeowners sign up for our property management services, we are often asked various questions for our expertise in the upkeep and general maintenance of their properties.
Based on a multitude of questions that we got asked the most often, we have made a list of out top 4 tips for homeowners, looking to maximize their returns on their investment properties.
There are a number of factors involved in the decision-making process of purchasing new property. Owners always look to get a maximum return on their investments and there are a few things they should look into before doing so. Things like location and building management are things that will affect you. For example, purchasing property in a safe, high-in-demand location like Cape Town City Centre is one way to ensure that your return on investment will be as high as it can be.
The initial stages of home ownership come with a lot of expenses to cover, from furniture, to linen and appliances; there's a lot to be accounted for. It is important that all the receipts for new purchases are stored and kept safe. This is to ensure that any faulty purchase can be replaced within the warrantee time and in the case that a guest incurs damages, they can be charged accordingly to fix/replace the object damaged.
As time changes and marches on, so do styles and trends. Your interior design team may have hit the mark during the initial stages of your ownership journey but as time goes on, things become outdated or unappealing. 10 years ago, the mid century look was a popular choice for furnishings and interior decor however these days people prefer a sleek, modern style. Having an outdated apartment may also affect the chances of getting your property booked, a missed opportunity for maximising your return on investment. Guests want to stay in a comfortable, beautiful place and your property should be that place for them.
Maintenance and upkeep are a vital part of home ownership however, it is not always possible for the homeowner to manage this on their own especially if they do not live in the same city their property is located in. Having a property manager allows homeowners to live a life of "stress-free ownership."
As a property management company of over 15 years experience, we have a capable team that offers a handful of services such as sales & marketing, housekeeping & maintenance, guest relations and decor services.
Does this sound like something you would be interested in? Let us manage your Cape Town property and lead you to a life of "stress-free living!"
Comments