Let Us Help You 🙌
Finding it Difficult to Manage your Property in Colombo?
9+ Years
Experience in Property Management
47+ Properties
Managed with AKARA
98% Tenant
Retention Rate
What is Property management ?
A property manager is a third party who is hired by a landlord or property investor to manage the day-to-day operations of a property.
The Property Manager will directly deal with prospects and tenants, saving the Landlord time and worry over marketing (showing, negotiating, finalizing) the rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions.
Brokering
Introduce a client. One Months Rental as Commission for 1 Year Agreement.
Property Management
We manage from renting, maintenance to managing Finance
- Busy Schedules and lack of time.
- Own Multiple Properties.
- You live out of City / Country or Travel often.
- Simply dont want to go through the hassles.
- 15-day avg. occupancy
- Cordinate maintenance & Repairs
- Paperworks, Legal managed by us
- Market Advice, Prices & Property marketing
- 100% Rent Collection & Finance Management
The Team behind your Property's Success
Rifky Rasheed
Chief executive Officer
Rilwan Ahamed
Head of Operations
Faaz Fowmey
Senior Manager
Simple Pricing – We Only Win When You Do
Tier 1
10% from Rental
Manage my PropertyTier 2
7.5% from Rental
Manage my PropertyTier 3
5% from Rental
Manage my Propertyproperty management with Akara
We understand that managing property can feel overwhelming. That’s why AKARA Apartments is here to lift the weight off your shoulders. We save you time, handle the day-to-day hassles, and ensure your property earns its full potential – so you can focus on what matters most to you. Whether you own a single property or a growing portfolio, we’re your trusted partner in creating stress-free, passive income. With AKARA, your peace of mind is our priority.
Manage my Property WhatsApp Usfrequently asked questions
What does the property management commission cover?
Our commission covers full-service management to ensure your property runs smoothly and profitably. This includes:
- Rent collection and financial reporting.
- Resolving tenant inquiries and issues promptly.
- Coordinating maintenance and repairs with trusted professionals.
- Handling lease renewals and tenant transitions.
- Regular property inspections to protect your investment.
- Ensuring legal compliance to minimize risks.
At AKARA Apartments, we believe in transparency – there are no hidden fees, and every service is designed to maximize your returns while saving you time. Want to know more? Let’s discuss how we can tailor our services to your needs.
Is the property management commission a one-time fee or ongoing?
The property management commission is an ongoing monthly fee, As a percentage of the rental income collected each month
Is the agency fee for tenant placement separate from the management fee?
Yes, the tenant placement (or agency) fee is separate from the ongoing property management fee. The agency fee typically covers the cost of finding and securing a tenant, including advertising, tenant screening, and lease signing.
What is the standard rate for tenant placement fees?
The agency fee / tenant placement fee is one month rental or pro rata basis
Management Fee StructureÂ
below LKR 300,000 is 10%
LKR 300,000 – LKR 1 mil is 7.5%
above LKR 1 mil is 5%
Can I negotiate property management fees?
Yes, many property management companies are open to negotiation, especially if you own multiple properties or a high-value property. You may also be able to negotiate for bundled services or discounted rates based on the services you require.
Are there any additional fees that I should be aware of?
In addition to the property management commission and tenant placement fee, there may be additional charges for services such as maintenance and repair coordination fees.
Can I manage my property without hiring a property manager?
Managing your property on your own can be time-consuming and stressful. At AKARA Apartments, we take the burden off your shoulders by handling the day-to-day complexities for you. From tenant relations to maintenance and legal compliance, we ensure your property runs smoothly and efficiently. With our expertise, you’ll avoid costly mistakes, reduce risks, and enjoy peace of mind all while maximizing your property’s potential. Let us handle the work, so you can focus on what truly matters to you.
Why AKARA?
Because We Take Responsibility, So You Don’t Have To…
At AKARA Apartments, we don’t just manage properties, we become your trusted partner in success. With 9+ years of expertise in vacation rentals and 5+ years in real estate, we’ve mastered the art of maximizing returns while minimizing your stress.
Here’s what sets us apart:
- Proven Results: Our partnerships with Sri Lanka’s leading agents ensure your property is rented faster and at the best possible rate.
- Integrity-Driven Team: We work with honesty, transparency, and ethics – your property is treated like our own.
- One-Stop Solution: From marketing and tenant screening to maintenance and legal compliance, we handle it all.
- Reputation for Excellence: We’ve built lasting trust by delivering exceptional service, year after year.
Let us take responsibility for your property’s success.
