The Hong Kong property market has experienced a dramatic increase over the past few years and this is due to the fact that Hong Kong remains a highly interesting location for local and foreign investors looking to tap into the property market in this fast-growing economic area
With the Hong Kong government's laissez-faire attitude towards free market economy and the enforceable legal and banking infrastructure Coupled with the low property and personal tax infrastructure Hong Kong is a very attractive opportunity.
Property tenancy agreements and laws are well balanced and protect both the tenant and the landlord as opposed to some countries in Europe that protect more the tenants an example would be France where a nonpaying tenant cannot be evicted during the winter months. Hong Kong does not suffer from this says Anthony Hindmarsh who has been in the property industry for over eight years
Also Hong Kong is not a city that tenants tend to stay if they have lost their jobs hence there are few instances of tenants not paying rent.
This is due to the fact that Hong Kong is expensive city to live in and should one lose their job they tend to head home to look for another position before venturing out here.
Qi-Homes offers a comprehensive service of property management to their landlords who are either located locally for overseas. Many of our landlords either do not live in Hong Kong or do not have the time to manage their property portfolio and are quite happy to hand over the daily running of their apartments to a professional like us says Hindmarsh
Our services include marketing the property to find a new tenant, preparing tenancy agreements and entering into a binding contract for lease, dealing with maintenance issues throughout the tenancy agreement, handing over the property at the end of the term and also putting together a list of reinstatements working with our in-house contractors to reinstate the apartment and to remarket for a new tenancy.
We are responsible for the receipt of the rental payment on a monthly basis less any deductions for repairs and provide the landlord with a comprehensive report by email. The net amount is then credited to the landlords preferred bank account on a monthly basis highlights Anthony
Qi-homes charges a fraction of what the same services would cost in Europe. Charges range between 7% and 10% compared to Europe which is up to 16%. Calculations are based net rental income after deduction of the building fees have been deducted
What makes us different is that we offer a four step complete solution to our clients from property acquisition, renovation, marketing, and Property Management.
Many companies in Hong Kong offer either one of the four steps but very few offer a complete service from beginning to end explains Anthony Hindmarsh
For more about Qi Homes services or to speak to our property professionals regarding a flat or apartment you would like to property manage, please contact us below or visit our web site http://www.qi-
852 2858 1406
852 2858 1406