Updated: Dec 11, 2020
Why Use Local Property Management in the Algarve?
The Algarve is the ideal holiday destination for many holidaymakers thanks to its great beaches, premium golf courses, and magnificent year-round climate. This attraction has seen many people located abroad purchase their own holiday home in paradise here in the Algarve.
At Vilalia we understand that if you are not able to be located here in the Algarve permanently, then it’s important to have someone you can trust locally to take care of your holiday home to ensure it is well maintained with minimal hassle.
By selecting the right local property management company, the advantages by far outweigh any disadvantages. As an overview, a local property manager can take many of the daily tasks and annoyances away from the holiday homeowner. This allows owners the time to focus on other tasks with business, family, or even to increase their real estate holdings in other areas.
Having a property manager with local expertise will ensure this is a smooth transition, they will be specialists in the local market allowing them to market effectively to tenants, hire local contractors, and respond to any emergencies whilst the owners are not around. This will allow for reduced stress, more free time, and more freedom in your everyday life as an owner.
So, let’s take a look at some of the main advantages of using a local property manager in the Algarve. If you’re considering hiring a local property manager to take care of your property, here are the main advantages for choosing to go local.
Market Properties with Local Expertise
One of the clear advantages of hiring a local property management company in the Algarve is that they can market your property effectively in the local market. By knowing the local market they are able to attract tenants and fill vacancies more effectively. They will instantly know the area of town well that the property is listed, the local amenities available, and market to tenants that will be attracted to this kind of property.
Frequent In-person Local Visits
The great advantage of having a local property manager is that they are on hand locally to visit the property. In times of an emergency or crisis, a local property manager is able to visit the property within just a few minutes. This can be really beneficial if there is an issue at the property with the tenant, or if something has broken and requires instant attention. This allows for both you as the landlord, and the tenant to remain satisfied and safe at the property with local follow-ups and inspections available when required.
Over time any property is going to require maintenance and repairs and if you’re not located locally this can be a real headache. If something does break, repairs will be required, and finding local contractors whilst you’re not in the area can be a costly process. By using a local property manager they will have a local network of contractors to conduct repairs, maintenance, and renovations on your property when required. They will know the best contractors in the area for the job and will be able to follow through with the project to ensure its completion in a timely manner.
Looking for a Property Manager in the Algarve?
If you’re looking for property management for your holiday home with a personal touch, the Vilalaia team of professionals is here to help you.
Vilalaia has over 15 years of experience in property management in the Western Algarve. Our services include the rental of holiday homes, cleaning services, laundry services, and property management.
Contact our team here today to see how we can help you with your local property management needs in the Algarve.
By Mark Ollerton - Freelance Writer