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We provide comprehensive property management services to corporates, institutions, and individuals owning single units to large units residential and commercial real estate properties. Our experienced team help property owners manage and grow their investment to significant levels.
We have the know-how, resources, and experience needed to handle every aspect of your residential and commercial property. We can consummately handle asset management, vacancy marketing, applicant screening, routine inspections, repairs and maintenance, as well as attend to tenants concerns.
At LGV Real Estate Consultants we take pride in providing top-notch quality services to our property owner clients. Regardless of the property’s value or location within Dar es Salaam City, we handle your investment as it was our own. The result is that our clients are able to relax with the knowledge their investments are in capable hands.
Besides assisting our property owner clients grow and maintain their residential and/or commercial real estate investments, we strive to establish and sustain strong mutual relationships with both our property owner clients and tenants.
Tenant Placement or Leasing Fee
This is the fee typically charged for finding tenants, screening potential tenants, and creating the lease. The standard fee for the service in Dar es Salaam, Tanzania’s market (collected by some property management companies, full-service real estate companies, and independent real estate agents or realtors) is equal to the amount of one full month’s rent.
The tenant placement process begins by completing a detailed analysis of your property which we use to determine the maximum market rental rate for your property. We will then assist with any make-ready maintenance work (if necessary), take pictures of the property, advertise your property, take calls and answer tenant inquiries, show your property to interested prospects, qualify applicants, draft the lease, set tenant expectations, and complete move-in documentation.
Our tenant placement/leasing fee is 8% of the 1-year lease total or of specific lease period in case of a long term (1 – year and above) and short term (less than 1 – year) leases respectively, charged based on the number of months’ rent is paid for until the completion of the lease period.
* Any lease extensions by the tenant past the 1-year period will not be charged leasing fee
* If your property is already occupied by tenants not placed through LGV Real Estate Consultants, you find your own tenant, or you hire your own outside agent to place a tenant and you want us to take over with a lease already in place, there is no tenant placement fee charged.
Full Service Property Management Fee
This is the fee charged for the day-to-day operations of your residential or commercial rental property. Our full service property management service covers the following:-
The standard fee for this service in Dar es Salaam, Tanzania is around 10% of the monthly rent.
Our full-service property management packages starts at 6% of the monthly rent.