Feb. 16, 2017, 12:33 p.m.
Whether it’s a commercial, industrial or residential property, an integral consideration for investors in the Cambodian real estate market to obtain ample protection for your property.
How should I protect my investment property?
Protection of your property does not simply mean insuring against potential damage. Though is helpful, insurance policies alone do not proactively secure your property’s value and investment profits - insurance only covers you after something goes wrong.
More importantly, proactive maintenance and protection against damage is why enlisting property management services from trusted providers should be part of any investor’s contingency plan and projections.
Equipped with setting new standards in the field and regional expertise in the process of managing different property types, Emerald+ will keep every aspect of your property in line. Treating your property like their own, Emerald+ provides their clients the assurance that they will not let anything passed their radar without correct and proper evaluation.
How do Emerald+ manage your asset?
Emerald+ focuses on preserving your property’s value and future profits through an “on-going management” system which includes building inspections, managing maintenance contracts and managing the entire maintenance schedule.
Building inspections will consist of four phases to ensure that your property is above par with regulations and standards.
The initial inspection will determine the efficient and safe use of features in the property like fire alarm systems, sprinkler systems, hydrants, special extinguishing systems against electrical malfunctions, and also proper ventilation and smoke exhausts.
After going through this initial evaluation, your property will then be put through the final inspection process - this time checking electrical and plumbing systems and fixtures. This will also include the inspection of all appliances, measurement apparatus, and safety features throughout the building.
Emerald+ will then make a report detailing whether or not your property totally safe for occupancy and/or operations. Those things in need of attention will be duly noted, and taken care of in the following inspection phases.
The third and fourth phases of the inspection process will consist of routine inspections and building maintenance work, which will take care of the minor details you may need to address periodically.
Along with detailed inspections, Emerald+ will also manage maintenance contracts such as voucher and software systems, to ensure that your property maintains specific service level agreements and the overall function of your building at all times.
Another factor that will be addressed is the maintenance schedule is compliance and legal regulations within your investment property. For this purpose, Emerald+ will set up a helpdesk that will link to all other systems within your building to provide constant monitoring and smooth implementation of policies.
What is the value of property management?
Having a service provider for property management is not only a matter of convenience for owners; it also becomes cost-effective in the long run. Having experts in the field of property management is essential for the preservation and growth of your investment values, and protecting that asset’s ongoing value.
Emerald+ will identify problems before they become damaging to your property and the experience of your tenants. This protects not only your asset, but your reputation as a service provider.
And since the team of Emerald+ will be handling all these details, from start to finish, your schedule is freed to focus on making bigger decisions that will impact your properties and investments in the long run.
So, if you’re looking for an entity that will not only maintain your property but also care for it as if it were their own, Emerald+ should be your first port of call!