Efficient and Effective Property Management in Lima Peru, Residential and Commercial
We at Premier Casa do property management the right way, by implementing a variety of strategies, world-class professional services, and outstanding customer service, we give our stakeholders the best property management experience while exceeding their goals and expectations.
Whether you are a property owner that wants to benefit from hiring our services or if you are a tenant looking for the perfect place, finding the right property or the right tenant can be a stressful situation, if you own rental property keeping up with maintenance, paying the bills or keeping your property clean, can feel like a full-time job especially if you own more than one property, if you are a tenant you never know who your private landlord is going to be, or how that relationship may turn out, thankfully we are here to help. Premier Casa is a full-service property management company in business since 2002. When it comes to our tenants have built a reputation for outstanding customer service, and are regarded among the top Property Management companies in Peru. For our property owners, our focus is on meticulously caring for your property while maximizing your income. We specialize in residential rental properties located in the best areas of Peru.
Our services include:
- Full-Service property management
- Profesional multilingual staff
- Online marketing and booking
- Administration fees and utility payments
- Monthly statement with complete and organized accounting.
- Maintenance and cleaning services
Online Marketing and Booking
Our property marketing service goes beyond just advertising your property, we have built a comprehensive multi-channel marketing strategy to promote your property to an international client base as well as to local Peruvian clients. We have multiple websites, social media, E-marketing, and a loyal client base. Our marketing strategy focuses on each property and how it can reach its maximum potential. In addition to our flagship webpage Premier Casa we own several smaller pages with a more specified focus on various target groups of property rentals such as vacation rentals, corporate rentals, and commercial rentals. We also make use of popular 3rd party sites such as Airbnb, Vrbo, Booking.com, and other listing pages to maximize the occupancy rate and rental rate of your property. We have also excelled in long-term rentals of high-end properties.
We also have our very own property management software system that allows us to integrate auto booking options, especially for short-term rentals. Our booking system is working fully automated and permanently synchronizing our database and your property listings on our websites.
Our Premier Casa team for property management service has a strong knowledge of the Peruvian legal system for rent-out properties. With well-written rental agreements, our professional staff has a strong ability to legally rent your property and avoid any evictions and tenant issues.
There are many classes of rentals and we evaluate each property to see where it fits in the areas we most focus on:
- Residential leases in urban areas.
- Rentals of furnished apartments.
- Holiday homes and apartments are leased for over six months for any amount of monthly rent.
- Holiday home and corporate rentals for less than six months.
- Daily rentals (hotels, motels, inns, and lodging houses).
The parties involved in a lease agreement can agree on any monthly rental amount and terms of increases although the prevailing market is what determines rental rates for residential properties.
The benefits of using a property management company
A property management company is in charge of the daily oversight of residential, commercial, or industrial properties, this means taking care of repairs, maintenance, keeping the property clean, as well as maintaining and improving the value of the property, a property management company charges a percentage of the monthly rent generated by the property.
There are many benefits when it comes to hiring a property management company, such as freeing up your schedule, improving the value of your property, or drastically reducing stress. Premier Casa achieves this by employing a variety of time-tested policies, that will help you maximize your investment while giving you the freedom to do what you love, in short, hiring our services could be the best decision you could take as a private property owner.
No costly and time-consuming legal issues
As many private property owners will tell you, it only takes one bad tenant to cause significant legal and financial issues, some of them can be bad enough to cause financial ruin. A professional property management company is always up to date with the latest property laws as well as the best legal strategies to protect the interest of its property owners.
Less vacancy
A good property management company will perform a few critical tasks that will affect the amount of time a property stays vacant.
Prepare the property for rent – a property management company will have your property prepared for rent, which means having it cleaned, making the necessary repairs as well as making improvements so that your property always looks its best.
Determining the best rental rate – If the price is too high then your property will sit unoccupied for too long, if its too low you will be losing money every day the tenant is in the units, to have the right price for the unit, you will need knowledge and data on the local market,
Marketing your property – A great benefit from contracting a property management company is that they already have a marketing strategy in place with web pages, social media, ads, and more, being able to get to thousands of prospective tenants in a short period of time.
Tenant retention
It is better to retain a tenant for a long period of time than to have a high turnover rate, due to the fact that a high turnover rate may result in extra repairs and maintenance, spending money on changing locks, a thorough cleaning each time a tenant leaves the apartment, painting the apartment, as well as time-consuming efforts on marketing the property, showing the property, and checking in a new tenant, all of this can be avoided if a tenants stay at your property for longer periods of time, a good property management company will be able to consistently retain tenants for longer periods of time, by employing a systematic array of client retention policies.
Rent collection
Collecting rent is the most important part of being a property owner, making sure the tenants adhere to the rent agreement, dealing with late rent payments, and if worst comes to worst, dealing with evictions as well as the laws regarding eviction can be a stressful and daunting task,
There are many advantages to having a property management company, one of the biggest advantages is handling one of the most complex tasks any property owner can take, which is evicting a tenant, eviction laws can be very strict and if done wrong it can result in major legal precautions against the property owner. A property management company has a good understanding of eviction laws, and most of them retain the counsel of lawyers who can advise the company on how to proceed, they also have specific policies in place for these kinds of situations, therefore, they can obtain the best possible results.
Another great reason for hiring a property management company is that the tenants realize that the company is obligated to enforce the terms of the lease, therefore, the tenants tend to better adhere to its terms, as they understand that none of the terms of the lease agreement including paying rent on time are negotiable.
Lower maintenance cost
Keeping your property well maintained and cared for, not only keeps your tenants happy but also maintains the value of your property, however, repairs and maintenance can become costly over time, a property management company has its own cleaning and maintenance staff, as well as a wide network of licensed contractors and supplier, this companies usually get a discount for the amount of work they contract, making the repairs and maintenance more affordable, another great reason to hire a property management company is that these companies usually conduct vetting process to ensure that their inhouse-staff, as well as their contractor, do quality work and the best possible prices.
Systematic preventive maintenance
To maximize the value of your investment it is necessary to do preventive maintenance work, this is to avoid having to do major repairs or replacements in the future, one example of this can be the air conditioner unit which has to get regular maintenance if done correctly air conditioner units can last for many years, if not they will break down in a relatively short period of time, and depending on the number of air conditioner unis a property has, replacing all of them can cost thousands of dollars, another great thing a property management company can do is suggest upgrades and improvements maximize your net income.
Payment of bills
You can sometimes forget to pay your bills in a property you are not currently living in, this can sometimes mean overpaying for your water, electricity, internet, and cable TV bills, or even having your services cut, a property management company will make sure to pay your bills on time so you never have to overpay for any of your services.
Our excellent service was developed to bring the best possible benefit to our clients. Because of this reason we include the utility service and fee payment as part of the property management service. Our in-house service company offers flexible models for individual needs. Our company Premier Casa focuses on turn-key full-service Property management allowing the investor to have true passive cash flow from their international real estate investment.
Optimizing your Property Taxes
A property management company can help you better optimize your taxes, as well as organize your documentation so you can make your claims much easier.
Regardless of your status as a full-time resident, absentee landlord, or occasional visitor, you are subject to property taxes if you own property in Peru. Every property is different and because of that, there is a myriad of different variables that lead to different tax obligations and benefits. Premier Casa Services can provide the property tax payment service for a small fee and will review each individual situation for tax optimizing strategy for that property.
Total Tax strategy
Property Owners want to look at legal tax saving strategies whether the property is a primary home as well as those who are looking to buy and rent out a property in Lima.
Tax strategies for Prospective Property Owners in Lima Peru
There are certain steps you need to understand fully when it comes to purchasing a property in Peru. Our sales and property management team can help you with tax planning for your rental property investments:
Absentee owners who have hired property management services companies should ask their property managers to inquire with a property tax expert about crucial tax-related matters to make sure tax payments are up to date and any strategies to minis overall taxes are being done although Peru is a very tax aggressive country in general with fairly high overall tax rates.
Property owners need to hire a broad-based property management company that understands and manages the maintenance of the property, acquiring quality tenants that are the best match for the property through extensive international marketing and tenant acquisition network, and a property management company that understands ROI and client communication. We do a thorough assessment of your property to devise the management plan that will maximize the occupancy and rates thus generating the highest level of net income to the property owner.
Premier Casa has been in business for many years and we understand how to best care for your property, by acquiring our services you will gain all of the benefits that will ultimately help you maximize your investment, free up your schedule to do what you love, and reduce your stress. Our team of professionals will always be there to assist you with any questions you may have and give you a detailed monthly report on your property.