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Property management

Your apartment works while you live abroad.

Price and timing
from 5% of rent

5–8% of monthly rent plus a one-off fee for tenant placement (50% of the first month's rent). Minimum contract term — 12 months.

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About

Akcern AI management service is full property management for an owner who cannot or does not want to handle the asset themselves. Especially for non-residents and the diaspora. Inside the service: tenant selection, contract work, payment control, current support (plumbing, appliances, small repairs), seasonal preparation, quarterly reporting to the owner, tax support on rental income.

For whom

  • Non-resident / diaspora owner: apartment or house in Armenia, owner lives abroad.
  • Investor with a portfolio: several rental objects, single management is needed.
  • Busy owner: lives in Armenia but does not want to spend time on tenants and plumbers.
  • Heir: inherited an apartment, not planning to sell, unsure what to do with it.

Included

  1. Tenant selection with document and financial-reliability checks — up to 30 days.
  2. Contract in three languages, registration with the tax authority.
  3. Payment control — tenant pays into the account, we monitor, transfer to the owner.
  4. 24/7 support — the tenant writes to us, not to you. We resolve small issues, coordinate larger ones.
  5. Quarterly owner report: property photos, balance, taxes.
  6. Tax support — rental-income declaration for a non-resident owner.

When to engage

When you acquire a property as an investment and have no intention of occupying it. When you return to Armenia with family and a property elsewhere stands empty. When you have inherited and have not yet decided what to do with it.

Team

Portfolio manager + 2 assistants + a contractor network for small repairs. One property takes about 6 hours of work per month.