Bulgaria Property Management

Complete property services in Bulgaria Sim Property delivers a full range of Bulgarian property services, from rentals & property management to resales. We actively cover Sofia, Bansko, Sunny Beach and beyond with our own offices & staff. Contact us for more about our full range of Bulgarian property services.

Property Management services

The management of a foreign property can be a real hassle and headache for landlords - a good management agent is essential, this is no different in Bulgaria.

We provide a full Bulgarian property management service for landlords.

• In Sofia we charge 10% + VAT of the rent per month for long term rentals
• For short term rentals, in locations such as Bansko & Sunny Beach, we charge a flat rate of 300 EUR + VAT / year

Our Bulgarian property management service brings western levels of service to the Bulgarian property market and ensures all the details of your Buglarian property are looked after.

In Bulgaria, like in other parts of Central & Eastern Europe, we operate our unique "hands-off" property management service. Our Bulgarian property management service integrates seamlessly into our online systems to provide a pan European property management service from a single provider.

Our "Hands-off" Property Management Solution - how it works:

Our "Hands-off" property management service is designed so that, after the initial setup of the service is done, an investor should need to do very little apart from read their property management report and collect our regular payments, both of which we send monthly.

We look after all the property management details, for example:

• tenant finding & rental contracts
• handover protocol to ensure tenant has keys, pays rent correctly, records utility meter readings
• inventory preparation
• 24/7/365 service for tenants and essential maintenance
• 24/7/365 online access for landlords to all property details
• UK phone number and English speaking Property Manager
• communication available in multiple languages: English, Spanish, Czech, Polish, Bulgarian, Russian
• hold keys and all property documents
• free mail collection and processing
• rent collection
• rental deposit holding & arbitration
• act as first point of contact for the tenant
• chase tenants for any unpaid rent
• regular property inspections
• organise property insurance
• organise energy performance certificates
• attend "owners committee" meetings for the building
• full record keeping - keep track and account for all payments and bills related to the property
• pay annual property taxes on behalf of the landlord
• pay any other local taxes (such as council tax, garbage tax etc) where relevant
• crucially, we even pay all of the bills (such as service charges, electricity, gas & maintenance) on the owners behalf (eg if bill payment details change we handle it automatically, so you don't have to worry). Not only is this less hassle for the owner but it saves you bank fees and makes the end of year accounting much easier.

Add-on services to our property management service include:

• cleaning
• welcome packs for tenants (mainly relevant for short-lets)
• accountancy: ensure annual tax returns are filed for the investor
• open a local bank account
• company services (registered seat, databox, accounting)
• legal services
• reconstruction, renovations, interior design, furnishings - from fitting lights to full scale building works
• building maintenance works (electricial inspections, gas controls, chimney sweeping, boilers, sewerage and so on)

The only thing the investor should need to do is watch the money come into their bank account every month (it should be not as strange as it sounds!).

In essence, our property management service does everything for the investor related to running the property.

All of the details of your property can be viewed at any time of the day or night via our unique online property management system.

Contact us for more information about our Bulgarian property management service.

Our Bulgarian Property Management Locations

We provide full Bulgarian property management services in a wide range of Bulgarian property developments in Sofia, Bansko and Sunny Beach.

Complete Bulgarian Property Services

In addition to our Bulgarian property management service we also provide:

• Completion services - gets properties completed, snagged, handed over, insured, bills set up & tax registered
• Kitchens & Furnishings - full range of kitchens & furnishings available to suit all types of properties and budgets
• Fitouts & Renovations - fits out unfinished properties with bathrooms, floors, doors, paint etc
• Rentals - gets your property rented fast
• Resales - complete sales service throughout Bulgaria

Contact us for more information about our Bulgarian property management services.