Property Management

Property management helps property owners to increases the value of their properties, enhances revenue and keeps operational costs to a minimum. We at Century21 Saudi provide full service property management to fit our client's needs and we tailor our services to ensure they receive the highest level of value and treat their property as if it were our own.

Century21 Saudi constantly develops new solutions in close collaboration with our clients, which allows them to keep ahead. In order to increase the value of a property, we offer what is appreciated by private and institutional investors alike: innovative thinking, great awareness of quality, closeness to customers and the necessary vision.

We focus on both the administration of real estate in commercial use (we currently manage well over two hundred thousand square meters of rented floor space) and the management of residential property (at present we manage several thousand units). Our Property Management Team offers individual service provided by one contact person, who will consult with you and keep you informed.

Whether you need property management services for a single villa, multiple units, an apartment complex or a far-reaching institutional portfolio, your goals are the same: to keep your property consistently filled with reliable tenants and to get the best return on your investment. Our goal is to be efficient and effective by maximizing the ROI of your real estate investment.

Century21 Saudi’s Philosophy is based on the fact that we take every client on board as our First Client and their needs become our wants.  

Some of our key specialties are as follows:-

  1. Residential Property Management (Family Residences/Villas, Apartments)
  2. Commercial Property Management – (Corporate Rentals & Furnished Rentals - if any)
  3. Leasing
  4. Brokerage

Financial Management

  • Optimization of operating costs
  • Analysis and reporting of costs and revenues with performance indicators
  • Preparation of annual business and operational plans
  • Issuance of invoices for rent and service charges
  • Debt collection and monitoring

Administrative Services

  • Bookkeeping of receivables and operating costs
  • Regular operational reporting
  • Contacts with authorities
  • Tenant coordination

Contract Management

  • Collection of rents and administration of deposits
  • Management of guarantees
  • Monitoring of key lease dates
  • Annual rent review and indexation
  • Administration of lease agreements

Tenant Relations

  • On-line help desk access
  • Routine tenant surveys
  • Bulk energy purchase discounts
  • Detailed tenant manuals

Technical Services

  • Maintenance of building equipment
  • Comprehensive property audit (”health check”)
  • Coordination of safety and operational inspections
  • Monitoring fulfillment of legal requirements
  • Energy management
  • Coordination of capital improvements

Building Services

  • Tendering and contracting of building management services
  • Cleaning and waste management
  • Reception
  • Security
  • 24-hour emergency stand-by services