Hospitality Villa Management
PARTNERING WITH A VILLA MANAGER MEANS HAVING A LOCAL EXPERT TO MANAGE YOUR VALUEABLE INVESTMENT
Utilise all the financial benefits from renting out your Villa, without the hassle.
MG Villas Management Co. is an esteemed, high-powered, full-service Hospitality Management company based in Mykonos, engaged in building up value for independent Villas, Hospitality Resorts & Luxury Suites.
With over a decade of experience in marketing, tourism, interior design, financial services & rentals and with proven track record in the Luxury Hospitality sector, our team is composed of highly experienced and results-driven professionals, providing bespoke Hospitality Management services, elevating upscale hospitality properties.
Services
PROPERTY’s APPRAISAL & CUSTOMISED RATES
Our team will meet you to evaluate the property, set customised Rates to meet market demand & run estimations on the potential Rental Income generation per season. To do so, we run multiple appraisals and analyse the rental Rates in the market (Access to Live Statistics tools), to adjust accordingly the Rates (SMART DYNAMIC PRICING) and reach the optimal Rental yield maximisation.
For the properties in our portfolio, we also issue an expenses estimation report for the asset as a Vacation rental.
LISTING & PRESENTATION OF THE ASSET
Our team will enlist your property to multiple booking channels and present it to our high-quality Travel Agents network (200+) we work with in Greece and abroad
Our marketing & promotional efforts also include multiple advertising channels and social media platforms, including International Tourism exhibitions. (WTM, ILTM), Travel guides, Instagram, Google online, etc..
HANDLING RESERVATIONS AND RENTAL INCOME
Our team will be responsible to handle all the requests, negotiations and payments related with the reservations, always within the frame we have decided & set together with the owner.
SCREENING SUITABLE TENANTS – As experienced professionals in the industry, we have the resources to find high-quality individual travellers, as well as travel agencies with high-end clientele, to reach good deals & increased back to back bookings.
PROPERTY QUALITY CHECK & MAINTENANCE
Our team will run Quality checks and inspection of the Villa before each check-in, to ensure that all high standards of cleanliness and comfort are met. We will also handle possible property preparations needed and supplies purchases.
We will also be responsible to schedule the cleaning services and possible handy-man jobs needed. Also, we will constantly inspect your property and keep you updated with on regular basis inspections reports. This will help you identify possible upcoming short-term repairs needed to be addressed.
HANDLING COMMUNICATIONS & OPERATIONS
Our team is responsible to efficiently handle all communications with guests, before, during and after each booking, with 24-hour support from experienced multilingual Villa hosts.
Our experienced Villa Hosts will welcome the guests, offer check-in services with a detailed presentation of the Villa and all the services/amenities included.
During check-out, our team will run a thorough check of the property’s condition and will offer a warm farewell to the guests.
OTHER SERVICES & TEHNOLOGY BREAKTHROUGH IN RENTALS
Accounting support/consultation related with Short term rentals according. to latest regulations and best practices
Insurance coverage support/consultation to pick the most reliable and best coverage real estate insurance programs specifically developed for Villa Rentals, including coverage agains loss of rental income.
Business Plan & Performance Report – At the beginning of each collaboration, we draft a business plan with the owner to have a better understanding on the income/expenses for the following years. Also, at the end of each season we issue the Performance report and the PROJECTIONS for the next years. Our Financial Analyst has a long professional experience in drafting Investment Reports. This can also be a valuable feature if you consider selling your asset in the future.
Benefits
Property Revenue Range
We estimate and draft an estimation for Revenue generation of your property through touristic-hospitality use. This will allow you to plan accordingly your expenditures and similar investments.
Increase of Property’s Value
Professional property evaluators link the market value of a house with its potential in income generation. Higher the generated income, higher the market value of your property in a potential sale. Through professional management, we ensure the maximization of income generation capability for your asset and thus the higher property market value.
Property Maintenance
Our team will offer a complete facilities maintenance for your property, monitoring all the maintenance works needed, during our agreement period.
Contractual agreed terms
Safety and Flexibility in contractual agreed terms that satisfy all parts of the deal. Option to extend or cancel anytime.
Safety for the property
We ensure the safety of your property, during our agreement, against major threats with a full coverage insurance contract.
Professional Property Photo shooting
In the beginning of our lease period, we run a professional photo shooting that will highlight all the remarkable aspects of your property. The whole package will be available to you upon completion of our agreement.
3D VIRTUAL TOUR – With our specialised 3D cameras, we will create an online version of your property for virtual tour. This will highlight the uniqueness of the property and will help tourists choose it easier than competitors – Income Maximisations
PROCESS IN STEPS
Step 1
Apply Your Inquiry
The process begins with you sending us an inquiry either via our contact form or using our email info@mgvillasmykonos.com. Very important is to send us a description of your villa and a few photos.
Step 2
Online Meeting
If your property matches our carefully selected criteria, we will contact you to arrange an online meeting to understand more about the property and present you our team and methodology we employee.
Step 3
Property Inspection
A closer look to your property is essential for us to draw a better image for your property. Also, our technicians will evaluate whether maintenance works should take place. We are also looking to dig up hidden gems by small scale renovation works in properties with unrealized potential. So, whatever the condition of your property is, do not hesitate to contact us.
Step 4
Carefully drafted Agreement
Shortly after our on-site visit, we will ask our lawyers to draft a detailed Agreement for Property Management taking into account all details and parameters. Also, our financial analysts will use our operational models to decide on realistic Rates range per period and the complete agreement will be communicated to you.
Step 5
Contracts and Property Handover
When both parties review the terms, we move to agreement contracts. Terms and conditions are very friendly and flexible covering all events. We are open to discuss and alter the terms in order to satisfy both parties of the deal. When contracts are signed, we arrange the property handover and delivery inspection.
Step 6
Stay Informed – Visit your property
During our Property agreement contract, you can contact us as often as you want to get informed for your property’s performance. We will also prepare and communicate to you performance statements of your asset’s overall performance.
Of course you can visit your property anytime you want considering that there is not an ongoing reservation during that time.