MyPropMan for Property Management Committees
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What Does MyPropMan Do For You?
Professional Property Management is all about doing things in the right order and in the correct way leaving nothing to chance. If this is achieved fully and correctly developments do not only run smoothly and efficiently without major issues, quality of lifestyle as purchased with each property is protected, as is the value of each property.
Self-management of an apartment block, complex or estate is a difficult task especially if you have never done this before or if the development is large, you have to be an accountant and solicitor if the development is going to be managed in line with relevant laws.
This is no longer the case, management committee members can by using MyPropMan self-manage their development, if the development is large this can save thousands of Euros each year therefore allowing for a reduction in communal service charges or the funds can be put into a reserve fund for future projects or long term maintenance.
No Limits To Number Of Units Under Your Management
Using MyPropMan is extremely easy, it is a cloud based communal property management software package which has the ability,
by inserting a few key details to calculate everything that is required for the legal communal property management
of apartment blocks, complexes and estates in The Republic of Cyprus, and at a touch of a button generate all the
legally required paperwork and reports for each owner and for the management committee.
Once a development has been added to MyPropMan, documentation, reports and accounts are extremly easy
to keep updated.
Management Via Property Management Companies
If you are going to ask a Property Management Company to assist you with the management of your development you need to understand that the management committee are still legally responsible for the compliancy therefore you need to be assured that the property management company will be using MyPropMan, this will ensure that your responsibilities and liabilities as members of the management committee are safeguarded as everything will be in line with relevant laws.
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