PFA Cyprus Holiday Homes Ltd - whether managing apartments, commercial, industrial, and retail properties, or facilities - seeks to operate their buildings at peak efficiency while maintaining adequate maintenance services and safety controls. Routine analysis of a building's structural, mechanical and safety systems assure property owners that the latest technology will be applied in assessing system upgrades, modernization, and potential cost savings. The management staff is well acquainted with stringent requirements for dependable, timely, and professional management, financial reporting, maintenance, and communication demanded by today's owners.
PFA Cyprus Holiday Homes Ltd. reviews and analyzes all existing service contracts including, but not limited to all types of property maintenance, remodeling, interior design, landscaping, insurance providers, evaluation, property development and tourist services at the conception of each contract. Negotiation and competition for all services contracts provides top quality services at reduced costs, with the assurance of quality services and materials. Solicitation of vendors for contracts begins with qualified customers, clients or representatives. All operational services to the property will be performed by independent contractors with the exception of the on-site staff, if applicable.
PFA Cyprus Holiday Homes Ltd. supervises all contractors providing routine and periodic services for the property requiring quality workmanship and services on a timely basis. This includes supervision of the maintenance of mechanical systems within the property such as heating and pool machines, electrical, plumbing, irrigation and others to maximize equipment life and provide complete satisfaction and safety for the tenants and owners. Activities of contractors will be supervised and payments for the same will be distributed only following an inspection of the project by the Property Manager.
PFA Cyprus Holiday Homes Ltd can approve for payment or approve and make disbursements for normal recurring expenses as provided in the site budget, which shall be approved in advance or as directed by the owner(s). We will provide clear, accurate, valuable and timely information to the management staff and owner(s).
Financial statements are prepared, maintained, reviewed and distributed on a quarter basis within twenty (20) working days after the close of the quarter. These statements are prepared on an accrual basis indicating receipts and disbursements, showing income or expense funding, cash on hand, reserve accounts, if applicable, and current liabilities. These reports are accompanied by comparative reports of monthly financials to a pre-approved budget, and delinquent tenant account status reports, if applicable. At year-end, these same reports shall be prepared detailing year-end balances