Run by our own company, on the route you choose.
Naras Property Management, part of the Naras Group, runs your property day to day. You choose a guaranteed rent each month, or full management for a fee.
Guaranteed rent.
A fixed monthly rent for an agreed number of years, written into your agreement and paid whether or not the property is booked. We cover cleaning, utilities, guests and repairs.
Full management.
You keep the booking income. We run pricing, guests, cleaning and repairs for 15% including VAT, charged on booking revenue after cleaning costs and platform fees.
What you do.
Choose a route, read the written proposal and sign the agreement. After that, the day-to-day running is ours.
Who advises you.
Your accountant, on how the income is taxed. Your solicitor and your lender, if the lease or mortgage needs their consent before you let.
From proposal to first guest
- Tell us about the property
- Choose your route
- Proposal in writing
- Inspection in person
- Terms agreed
- Run day to day
Nothing is final until you've seen the written proposal and we've inspected the property.
The exact rent or fee, and the terms, are confirmed in your written proposal.
Guaranteed rent or full management?
Is the rent really guaranteed?
Yes, as a contract. It's a fixed monthly amount for an agreed number of years, written into your agreement and paid whether or not the property is booked. It isn't a promise about the property's value or your overall return.
Which route earns more?
It depends on the property and how well it books. With full management your income moves with the bookings. With guaranteed rent it doesn't. You can compare both in our calculator.
How much is the guaranteed rent?
It depends on the property, so it comes from a written proposal after we've inspected it. This site never estimates it for you.
What do I still pay on guaranteed rent?
Your mortgage, the service charge, ground rent and landlord insurance. Your agreement sets out exactly what Naras Property Management covers.