Having bought and renovated a Croatian property, many clients are then keen to rent their properties to provide some income. We are pleased to endorse Martin Westby's excellent book "How to buy a property in Croatia", which provides some excellent advise on renting out property in Croatia.
Services and Fees (exclusive of VAT @22%)
General Property Management
Initial site visit / property consultation flat rate of 40 (apartment), 60 (villa)
Monthly inspection visits
Property Type
Service Charge Cost Per Month
Studio/1 bedroom appt
40
2-3 bedroom apartment
50
3-5 bedroom villa
70
6+ bedroom villa
75
Minor maintenance works @ rate of 15 per hour
Management of minor maintenance work undertaken by tradesman @ rate of 10 per hour
Management of substantial maintenance/renovation works @ rate of 20 per hour
Purchases, delivery and installation refer to DPM furniture/kitchens brochures
Rate for bespoke purchases available upon request
Creation of initial inventory list flat rate of 30-40 (apartment), 50-70 (villa)
Application of names to utility bills @ flat rate of 15 per utility
Gaining of house or block/apartment insurance quotes price tbc
Liaison with accountant/lawyer/building inspectors @ rate of 20 per hour
Letting and Guest Management
Rental license 400-500 depending upon whether the property is owned by a company or by an individual (cost of registration books, taxes and tourist authority fees is extra)
Meeting/greeting service at DPM office - 30-70 per week depending number of guests, see below
No. of Guests
Weekly Charge
2 person property
30
2-4 person property
35
4-6 person property
40
6+ person property
45-70
These charges are subject to occupancy. If there is no occupancy, there will be no charge. If there is a long period of non occupancy, the monthly annual service charge will be applied
Where guests stay for multiple weeks, the second, third week etc are at half the above quoted rates
Guests checking in between 8-10.30pm will be subject to a 20 Euro charge on arrival; guests checking in after 10.30pm will be subject to a 40 charge on arrival. The client is responsible to make their privately booked guests aware of this, else the client will be charged this rather than the guest. Check in on a Sunday is only by prior arrangement and may be subject to an additional guest charge
Where guests pay for the accommodation on arrival, accounting and banking of guest money charged at 10 per guest stay
Meeting/greeting service at owners property 75-125 per week depending upon location and number of guests
Cleaning and gardening approx 7 per hour
Pre-season appliance checks flat fee of 15 (apartment), 25 (villa)
End of season checks - 25 (apartment), 50 (villa) - in addition to monthly visit fee
Preparation of income tax return (private owners) - flat fee of 50
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ITo view a selection of properties available for rent on the island of
Hvar, click here
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Contact us at: info@croatianhouse.com for more information. |
