We handle every aspect of managing your property, from setting competitive rates through an in-depth analysis of comparable properties to promotion and reservation management. Our comprehensive approach ensures that your property not only remains in perfect condition but also achieves high occupancy rates and maximizes generated income.
With meticulous attention to every detail and a team of dedicated professionals, we offer a worry-free experience that guarantees the best return on your investment in Tenerife’s vibrant holiday rental market.
Rate Optimization with Detailed Analysis
Our team conducts an in-depth analysis of comparable properties in the region to establish the ideal nightly rate for your property. We adjust rates according to the season and market conditions to ensure high occupancy and maximize your income. With this approach, we make sure your property remains competitive and optimized for the best possible financial performance.
Comprehensive Rental Management Services
- 5-Star Cleaning:We guarantee an impeccable arrival for guests with our professional cleaning team. Cleaning costs are billed to the guests, while we maintain the highest standards in laundry and linen management.
- Financial Transparency:We provide detailed monthly reports on income and expenses, offering a clear overview of your financial situation. Additionally, we manage invoicing to ensure accurate records, facilitating quarterly tax declarations and the settlement of generated taxes.
- Efficient Channel Management:We use a channel manager to handle the listing of your property on multiple platforms, avoid duplicate bookings, and adjust prices dynamically. This comprehensive management enhances your business operations and maximizes your profits.
- Proactive Promotion and Management:We promote your property on its own website, social media, and major platforms to keep your booking calendar full. We create a dedicated website for your property and strategically promote it on Google Vacation Rental, enabling direct bookings and eliminating OTA commissions.
- Peace of Mind and Security:We perform background checks for guests (as much as possible) and manage damage deposits. We also offer personalized in-person check-in and check-out services to enhance the guest experience.
- Maintenance Management:After each guest departure, we inspect the property and coordinate maintenance with qualified professionals, ensuring your property is always ready to welcome new visitors.
Associated Costs of Renting a Property in Tenerife
- Portal Commissions: Platforms like Booking, Airbnb, and VRBO apply a commission of approximately 15% of the total booking price.
- IGIC (Canary Islands VAT): For annual income over €30,000, a 7% IGIC applies to the total booking price.
- Tax Withholding: For non-tax residents of the European Union, 19% of the income is withheld, though rental-related expenses can be deducted.
- Property Management Fee: A management fee of 20% of the gross income applies.
- Cleaning: The cleaning fee is charged to the guests. If the cleaning cost is high, the owner may need to cover part of the laundry cost.
Complete Commitment to Your Property
Our team is fully committed to ensuring your property is protected, meticulously cared for, and optimized for maximum financial return. We speak several languages, including Spanish, English, Dutch/Flemish, French, Chinese, Italian, and German, allowing us to overcome language barriers and cater to a diverse clientele.
Together, we will make your investment in Tenerife a resounding success.
For more information on how our services can help you maximize your income and effectively manage your property in Tenerife, as well as any questions about associated costs, do not hesitate to contact us. We are here to provide you with all the information and support you need.
Key Holding and Surveillance
If you choose not to rent out your property but need supervision, we offer our exclusive Key Holding service, designed to give you peace of mind.
We handle key custody and conduct regular inspections of your property, ensuring that everything remains in perfect condition during your absence.
Additionally, we take care of any unexpected issues that may arise, guaranteeing the safety and good condition of your home. We also offer specialized services for installations, renovations, and improvements to keep your home up to your expectations at all times.
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