The Sofia office centers and the property management fees

Mina Boycheva 30/01/2014

All modern and new office centers in Sofia use the services of property management companies, which are either owned by them or hired. The property management is a though business and it is often associated with problems that arise if there is no a proper contract. The rental contract that the companies sign when renting an office in Sofia should include detailed information of the services that the property management should offer and the sum that the companies have to pay for that service.

All modern and new office centers in Sofia use the services of property management companies, which are either owned by them or hired.

The expenses in each office building in Sofia go beyond the monthly rent and this is normal. In addition to the monthly rent, companies that reside in a certain office center in Sofia should also cover a service charge and supplies. The service tax includes all expenses done on managing the building and associated with the business center normal everyday functioning. The companies that rent offices in Sofia are usually required to pay for security, maintenance of the elevators, common parts and installations, and for the landscaping of the green zones. The companies that are renting offices in professionally maintained business centers should ask for detailed list of the things and services they pay for. This will avoid future problems between the owner of the office center in Sofia and the company that is renting an office in this building. In general the property management fee at the office market in Sofia varies from 1.5 to 3.5 Euro/sq.m. This fee could be paid in several installments throughout the year.

About the Author