Avata offers a complete range of management services encompassing Strata management, house management, rental management, letting services, short term rental, guest services, and ancillary services.
Avata understands management and the needs of coordinating all aspects from monthly reporting, reliable accounting and control of suppliers and services.
Avata has experience with luxury villas and accommodation, serving high net worth clients and customers, as well as providing maintenance and cleaning services to ensure quality and reliability of services.
Strata Management
AVATA knows the key to effective strata management is ensuring the EXCO are kept fully informed at all times of all matters affecting the property and its owners. AVATA ensures the principles of property maintenance to protect the physical asset and the accurate accounting for both running the asset and ensuring a healthy sinking fund accumulation to cover replacement items and insurance deductible are employed and maintained.
AVATA bring extensive knowledge of Strata Bye-Laws and the enforcement of their requirements in their day to day management including the calculation of the budget and its monitoring and collection of strata fees from owners, including any delinquencies.
AVATA will manage the AGM process for the Strata Corporation including calling the meeting, preparing the agenda with the EXCO, presenting the Annual Management Report with financials and budget to expenditure comparables, take and circulate minutes etc.
AVATA inspects each property weekly and provides a detailed monthly report including both maintenance and financial matters to EXCO to ensure both management and the executive are fully informed at all times, and any appropriate action can be taken in a timely manner.
Commercial Management
AVATA understands the different challenges that arise through management of all types of commercial property and employ staff and IT solutions suitable to deal with all sectors including retail, office, industrial units and estates, supermarkets and retail parks, mixed use estates, storage facilities, banks etc.
Commercial property and asset management require professional knowledge and experience of many complex and diverse issues such as property law in the drafting of leases, measuring techniques, and zoning to technical knowledge such as current building codes, fire regulations, the latest building techniques, and the ability to precisely cost and monitor construction. It is the ability and competence of the AVATA team, gained through professional qualification, experience and local knowledge that places AVATA above the competition.
Residential Management
AVATA understands that there are a significant number of individual property owners who may only reside in their residences for a limited time during the year and chose not to rent their property when they are not in residence.
Some may rent their properties but may be dissatisfied with the basic services generally offered by a real estate company, especially during periods when repairs and maintenance are needed. AVATA can assist by offering personalized property services including:
Property inspections at intervals specified by the client to undertake pre-agreed tasks such as system testing, humidity monitoring, routine maintenance and repairs.
Utility account settlement on behalf of the client alongside an online utilities monitoring service and energy audit available through an affiliated company.
Managed contracted maintenance services including landscaping and grounds maintenance, air conditioning maintenance, elevator maintenance, pest control, pool maintenance, cleaning services etc.
Using AVATA allows our clients to deal with one trusted professional company to fulfill all their personal
property requirements, relieving any stress and worry that is associated with property ownership, whether the property is your investment or part- or full-time residence.
Asset Management
Asset Management is more than collecting rents, repairing and maintaining and carrying out inspections, it is a long-term relationship between the property owner and property manager. The goal is to maximise the value of property through proactive, effective and insightful management.
Asset Management is about focusing on the value of your property, with the crucial aim of adding value to your property. AVATA understands investment principles and can deliver the highest investment performance whatever the market conditions. To maximise the value of your property one must first understand valuation principles and with highly experienced fully qualified investment valuation surveyors on the team AVATA can ensure your asset will continue to grow.
AVATA has extensive experience in the property market in the Cayman Islands and throughout the Caribbean and works closely with owners, developers, investors, lenders and agents to ensure that your property will sustain high occupancy levels, high income returns, high levels of tenant satisfaction and at lower property costs by
Working closely with property owners and tenants to understand and react quickly to concerns and business needs.
Analysing and reporting on existing leases and implementing new leases to improve efficiency, tenant satisfaction and increased income streams on renewal.
Identifying emerging opportunities through our knowledge and understanding of the local market and the changing environment, be it the emergence of tenant demand from new sectors or investor demand from new sources.
Enhanced communication and detailed reporting to owners and tenants to ensure directives are adhered to and objectives and goals are on course.
Careful planning in the make up and mix of tenants to ensure tenant retention and investor satisfaction.
Maximising capital values through considered maintenance and improvement projects, lease re-gearing, perceived tenant covenant strength consideration and monitoring of competition.
Effective marketing and agency instructions monitored and directed by professionals.
Streamlining service charge administration and costs through effective contract management and competitive tendering procedures.
