Bulgaria Ski discussion board

Our annual maintenance is 10E per square metre. We have brought in an external management company to do rentals although can also bring in private rentals too if we want. They offered in house rental etc but we found them subletting apartments which owners had specified that they didn't want to let out. Lost trust and confidence and so brought in an external managment company. Costs us more but worth it for peace of mind.

So, what rental do you get Steve? Do you get a percentage or is it a guaranteed rental per year?

There's no guarantee. I get all the rental less cleaning costs. e.g 1 night in high season (xmas) = 64 Euro less 5 Euro cleaning. I have to fork out about 20-30 Euro one off fee at the start of the season, can't remember what this is for.
The management seem sound. They are simply trying to create business for the hotel by getting customers in. They can't do that without owner's apartments, and the owners need the management to have a good cashflow in order for the facilities to remain tip-top.

It all seems such a rip off for you property owners. when I bought out there, I spoke to the locals and got to know people. It was from that that i got to know a cleaner. Although we do not rent out our apt, we still get to go out there two or three times a season. she turns the hot water on and heating and makes up a beds for our arrival which is usually two in the morning. she cleans the apt once a month, changes bulbs, loo roll opens windows etc etc and pays the electricity and water with her money. she was even waiting for me to arrive in the resort at 3 o clock in the morning one year when our developer decided to change the lock without telling me. I trust her completely. last year she emailed me to ask if her friends could use our apt for two nights over new year. she could have just let them in without notifying us. she charges €20 per month plus a small amount for laundry. she sends me an email when she has paid my electricity. I have met her hubby and kids. I have passed her details to my friends that have also bought in Bansko who are also v v happy