Owning investment property can be rewarding and lucrative; however, managing a property portfolio is complex and time-consuming.
Therefore, investors with multiple properties benefit from a relationship with a proactive investment management specialist.
The Luxury Escapes group provides real estate brokerage services through Luxury Escapes Real Estate, short-stay property management by Luxury Escapes Vacation Homes and long-term rental management with Luxury Escapes Property Management.
Owners of individual and multiple investment properties benefit from these services.
Through those partnerships, they gain ease in managing an investment property, improved revenue and increased peace of mind.
For owners of larger property portfolios, Luxury Escapes also offers bespoke client management services.
A Luxury Escapes Owner Representative manages all aspects related to the portfolio.
Owner Representatives are an advisor, advocate and co-ordinator who acts as a single conduit regarding all matters relating to properties in the portfolio managed by the Luxury Escapes group.
A larger property portfolio often includes multiple long and short-term rental properties and, possibly, commercial and retail assets.
Each investment type requires different types of documentation, regulatory compliance, market knowledge and management. This complexity means that successfully managing a property portfolio demands sustained effort and attention.
Correct management of investment properties involves ensuring documentation, service charges, payments which become due periodically, and other matters are up to date.
On a basic level, this avoids penalties and potential legal complications
However, liaising within the Luxury Escapes Group to achieve such risk mitigation is only a small part of what an Owner’s Representative does.
Owners’ Representatives are dedicated to helping investors manage their property portfolios to achieve their unique financial and life goals. They work with professionals and experts across the Luxury Escapes group to achieve this.
From first right-of-refusal on lucrative or limited inventory investment opportunities, to adjustments to the portfolio in response to market conditions, the Owner Representative provides the client with information and advice consistent with their investment goals.
Advice based on performance and revenue reports and expert market insights can encompass recommending actions to improve the return from individual properties or identifying opportunities to realise capital gains through divesting.
Depending on the market conditions or changes in the investor’s goals, a transfer of a property between long and short-stay rentals may be recommended.
Clients who partner with Luxury Escapes have access to additional services.
One example is a ‘one-stop’ design and contracting management for property upgrades. Upgrades may elevate a Vacation Homes listed property to achieve higher occupancy and average daily rates, or to increase capital appreciation.
The Owner Representative will manage all details of portfolio adjustments and related matters on behalf of the client.
Portfolio clients also appreciate access to exclusive destinations, experiences and events provided by the Luxury Escapes Travel and Lifestyle concierge service. Discrete, personalised service creates incredible experiences for clients when they need rest and relaxation.
Your Owner Representative is a partner who provides a single point of contact and accountability.
They reduce the complexity and demand of holding a property portfolio while remaining dedicated to increasing the value you draw from your investments.
Partnering with a Luxury Escapes Owner Representative supports you in achieving your financial and lifestyle goals.
