Property Management: Everything You Need to Know Before Getting Started

January 2025

Property Management: Everything You Need to Know Before Getting Started

Letting Your Property

Property management is a key step for owners looking to rent out their properties.

In Antibes, a region where rental demand is dynamic, adopting the right practices to maximise your income while minimising risks is the best approach.

ANGELES IMMOBILIER, an independent agency with in-depth knowledge of the Antibes-Biot-Mougins area and surrounding regions, supports you in this process to secure your investments and simplify the management of your rentals.

Property Management Basics

Before you dive into property management, it’s important to understand its steps and challenges.

Each step requires time and specific skills: preparing your property, finding tenants, or managing administrative aspects

Preparing Your Property for Rent

A well-maintained property attracts serious tenants and reduces vacancy periods. Here’s what you need to plan for:

Conduct the mandatory property diagnostics

The EPC (Energy Performance Certificate), lead diagnosis, and risk and pollution status are mandatory to ensure the compliance of your property.

Anticipate necessary repairs

Renovations or upgrades may be essential to make the property more attractive.

Set a fair rent

Analyse the local market to propose a competitive price, taking into account the specificities of Antibes and its neighbourhoods.

Finding the Right Tenant

Tenant selection is a key step. It must be thorough to avoid issues such as unpaid rent or property damage:

Request supporting documents to verify solvency
Draft a clear rental agreement that complies with current laws
Consider rent guarantee insurance to secure your income

Managing Administrative and Financial Aspects

Property management doesn’t stop once the lease is signed. You will also need to:

Collect rent each month and manage reminders in case of delays
Maintain relationships with tenants to address any requests they may have
Handle legal obligations, such as charge adjustments or the tax declaration of rental income

The Risks of Property Management

While property management may seem accessible, it carries significant risks. Without the help of a professional agency, you could face challenges such as:

Unpaid rent: A stressful situation that can have significant financial consequences.
Disputes with tenants: Disagreements over the condition of the property or repairs can quickly escalate
Property vacancy: Each month without a tenant represents a financial loss
Administrative errors: Poor management of documents or legal obligations can result in penalties

Why Entrust Property Management to a Professional?

Faced with these challenges, many owners choose to delegate property management to a real estate agency. Here’s why this solution is advantageous:

Expertise and peace of mind

ANGELES IMMOBILIER in Antibes handles all administrative, legal, and financial tasks. You benefit from the expertise of professionals who know the local market and regulations inside out.

Maximising profitability

Entrusting the management of your rentals to experts helps you maximise your income. We set the rent at the right price and implement strategies to reduce vacancy periods. Additionally, should there be any problems with a tenant, we step in quickly to protect your interests.

Rent guarantee insurance

Property management agencies offer guarantees that protect your income, even in the event of incidents. ANGELES IMMOBILIER takes great care to protect your finances by offering solutions tailored to your needs.

Saving time

By delegating property management, you free up time to focus on your other projects or simply enjoy your assets without the daily hassles.

Why Choose Angeles Immobilier in Antibes?

Specialising in property management, ANGELES IMMOBILIER stands out for its expertise in the Antibes market and its bespoke approach. We offer:

Personalised support: Each property owner has specific needs, and we tailor our services accordingly.
Secure solutions: By entrusting us with your property, you benefit from complete protection against unforeseen issues.
Recognised local expertise: Our presence in Antibes allows us to understand tenant expectations and optimise the management of your property.

Hand over your project to Jenniffer, and she will do everything to bring it to success, combining determination, expertise, enthusiasm, self-confidence, while remaining transparent and positive. Well done to Jenniffer for the quick and effective selection of our tenant.

Successful Property Management with Angeles Immobilier

Starting out in property management may seem complex, but with the right support, it’s an adventure that is well worth it.

ANGELES IMMOBILIER, your real estate agency in Antibes, will help you make the most of your investments.

Don’t wait any longer to secure your property and maximise your profitability!