Management Proposal for Las Torres del Coco Studios Community from Tropical Felgate Costa Rica
Introduction...
My name is Serguei Galkine, I am the owner and managing director of Tropical Felgate (CR) Ltda company.
Who we are...
Our main business activity is real estate development and sales, we also offer a full property management and rental management services. We have been in real estate development and sales business since 2005 and in property and rental management since 2006. We do not have a flashy office as it is my believe that we should keep our expenses to minimum and therefore save your money as well. Our office is located in Green Forest community in Las Palmas and I believe that all of you have seen our signs and boards all over Las Palmas and Cocomarindo. We have a fully staffed and fully equipped property management wing of the company and our employees practically do not rotate at all, which shows a dedication of the management and employees to the company and the job they are doing.
What we do...
We do property management for 38 units in Las Palmas at the moment (Green Forest of Coco Beach and Villa San Angel community) and rental management for 55 units. After El Penon del Sol and Sweet Dreams community in Ocotal is finished, we shall have 35 more units in property and rental management.
We have our own maintenance staff, but sub-contract a professional pool treatment company and security company with full insurance cover.
If you are not too happy with your current management company and looking for the new managers, you might consider switching to us.
We would be prepared to offer our service for management and would suggest the following budget for maintenance:-
Monthly Budget for Las Torres del Coco Studios Community
in Urbanisacion Las Palmas
1. Full time gardener/pool guy - US$390.00 per month;
2. Professional Chemicals Pool Treatment - US$90.00 per month,
Supplied by Aquarium Company.
3. Chemicals for the garden - US$100.00 per month.
3. Security - US$900.00 per month for the shift 5.00 pm to 6 am, 7 days a week.
We use fully certified and insured security company.
Administrative Expenses: US$700.00 per month.
Total: US$2,180.00 per month.
Which makes condo fee of US$45.42 per unit per month for a community of 48 units.
We would recommend adding 10% on the above fees as a contingency fund.
The funds will be kept on a separate account and spend only on emergency
repairs and improvements in the communities.
In this case, the Condo Fee will be US$49.96per month.
Please also note that expected raise of condo fees is 6% in each consecutive
Year due to the inflation in the country.
Why go with us?
1. We are very meticulous when spending your money, so, all receipts for money spent will be available at all times.
You will receive regular monthly statements for your unit, so you will always know where you stand.
2. We can pay utility bills on your behalf and we do not charge our clients for this service like other companies - 5-7%.
3. We do not just pay the bills. If we see that the bill is abnormally high, we always try to get to the root and find out why that is and, if there's any problem, try to fix it as soon as possible.
4. We have our own handy-man who is good with plumbing and electrics and can fix any problem within a few hours.
If there's no extra money spending involved for materials or sub-contractors, we don't even charge our clients for repairs.
5. We have been in property management business for almost five years, so we have all necessary equipment and tools in the company already, so you won't have to spend your money to buy it as most of the start-up companies.
6. Our management staff speaks both Spanish and English, so you won't have any communication problems.
I can go on and on, but being a home owner myself, I know that we have all bases covered.