Our Services

Property Management for A-Z

What we offer

Real Athenians has expertise in selecting and managing all aspects of real estate investments in Athens and the Greek Islands.

Located in Athens, we deliver more than an investment opportunity; we provide a tailored inception to completion service in order to deliver the largest return on your investment, covering every aspect of your property investment and management requirements.

Our Services Include

Investment

• Strategy consulting for investors and existing property owners who

wish to maximise potential returns

• Business plans

• Assistance to the creation and structuring of real estate entities

• Assets and portfolio sales and acquisition consultancy: pricing, sales

and purchase strategies, assistance throughout the negotiation and

sale or purchase process

• Real estate due diligence, risks analysis, documentation validation, valuation and sensitivity analysis

• Technical, architectural and financial feasibility studies

• Property acquisition and disposition assistance

• Real estate transactions structuring

• Optimisation of assets use with regard to their market value

• Definition of a strategy for each asset, Malys

• Optimisation of a financing strategy and debt management

• Implementation of defined strategy including corporate governance and coordination of various stakeholders and third parties

• Measurement of asset performance and impact of strategic choice

• Investor reporting

Design &

Construction

• Consulting with client regarding project needs and goals.

• Reviewing information about space or site to assess its acceptability.

• Ascertaining any special issues that might affect development (site

development issues (zoning, environmental, etc.) The site related issues are often done in conjunction with a local Civil Engineer familiar with developing projects in the area.

• Development consultancy for owners and developers, management

of administrative procedures and construction phases.

• Technical, architectural renovations

• Provide recommendations on how the project can maximize rental income.

• Prepare preliminary cost estimates

• Get multiple independent bids for the work

• Act as general contractor overseeing the work

• Develop the scope of work to be performed.

• Architectural Drawings

• Civil Engineering Drawings (by Civil Engineer under separate contract);

• Structural Engineering Drawings

• MEP (Mechanical, Electrical and Plumbing) Engineering Drawings

• Interior Design Drawings with Furniture, Art and Accessories

• Architectural Drawings

• Bidding Coordination and appointment of contractor

• Permit Coordination

• Execution of Construction Contract (with selected General

Contractor)

• Initial Site Visit/Pre-Construction Conference followed by regular Site Visits based on completion of work to be observed (in long distance projects, some of this work may be done through local professionals).

• Monthly review of progress

Rental &

Management

• Tenant screening and selection

• Professional photography

• Marketing and advertising

• Overseeing inquiries and bookings around the clock 24/7

• Client support around the clock 24/7

• Daily pricing updates

• Check in / out

• Pre & post stay cleanings

• Maintenance as needed

• Rent collection (property owning company?)

• Provide and oversee an in-house maintenance crew

• Establish a preventative maintenance policy to identify and deal with repair needs

• Provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.

• Assign jobs to different parties (in-house employees, handyman and

professional contractors) based on who will do the best job for the

best price.

• Maintain and monitor a 24 hour emergency repair hot-line

• Perform periodic inspections (Inside and outside) on a predefined

Accounting &

Reporting

• Provide accounting property management services101/2016

• Make payments on behalf of owner

• Detailed documentation of expenses via invoices and receipts

• Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)

• Provide annual reporting, structured for tax

• Advise owner on relevant tax deductions related to their rental property

• Provide easy to read monthly cash-flow statements which offer a

detailed breakdown of income and itemised expenses

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