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Asset Management and Luxury Home/Apartment Maintenance

Madeus Asset Management enables property owners to benefit from:

ongoing management services for assets such as:
buildings and apartments with protected or unprotected tenancy,
commercial/industrial property and stores


luxury home/apartment maintenance and management during periods in which the owners do not occupy the property

Asset Management - on going managment services

General
Madeus Asset Management enables property owners to receive ongoing management services for their properties. The management services by means of Madeus Asset Management are personally supervised by a certified public accountant. The assets managed by means of Madeus Asset Management include buildings and apartments with protected or unprotected tenancy, commercial/industrial property and stores.

Asset management by means of Madeus Asset Management offers the following advantages:

Madeus provides property owners with the ultimate solution for proper management at minimum cost:

  • Control of the amounts received from the property The amounts received from the property are deposited and managed in a bank account wholly owned by the property owners – the management company has no signature rights for the bank account.

  • Transparency in reports and decision making processes Madeus Asset Management provides all the property owners with transparency in reports and decision-making processes.

  • Prevents potential disputes Asset management by Madeus Asset Management prevents potential disputes among the property owners who "freeze" the regular management of the asset, cause economic damage, and undermine relations among the property owners.

  • A solution for inherited assets Asset management by Madeus Asset Management provides the solution for inherited assets that are distributed among several heirs.

  • A solution for assets in dispute (including family conflicts) Asset management by Madeus Asset Management provides an elegant, cost-effective solution for joint assets in dispute (including family conflicts).


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    Asset management by Madeus Asset Management includes:

    Madeus Asset Management enables property owners to benefit from professional management consisting of:
         
         
    >> constant supervision of asset maintenance
       
     
  • a call center for taking tenants' requests for service

     
  • dispatching professionals to handle tenants' requests for service

     
  • regular monitoring and supervision of the operating systems in the property

     
  • regular monitoring and supervision of permanent service providers at the property, if any

     
  • implementation of initiated jobs in the asset according to the owners'/partners' decision

         
    >> continuous financial management of the asset
       

     

     
  • collecting rental fees from tenants
     
  • issuing receipts and tax invoices to tenants
     
  • depositing the rental fees in the partners' bank account
     
  • paying service providers, suppliers and institutions
     
  • distributing surplus balances in the partners' bank account according to the partners' decision
     
  • opening and managing a trust account, if necessary
         
    >> bookkeeping records, reports to institutions, and preparation of reports for the asset owners
         
     
  • double-entry bookkeeping records
     
  • continual handling and reporting vis-a-vis the Tax Authorities, if necessary
     
  • submitting periodic reports to owners/partners
     
  • submitting an annual report
         
    >> legal handling
       

     

     
  • drawing up leases and having renters sign
     
  • filing lawsuits against debtors
     
  • handling judgment enforcement
     
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      Maintenance and Management of Luxury Apartments and Homes

    General
    Madeus Asset Management makes it possible for both foreign residents and Israelis who own luxury apartments and/or private homes to enjoy ongoing maintenance and management services even when they do not occupy their properties.

    Asset management by means of Madeus Asset Management offers the following advantages:

    Madeus provides property owners with the ultimate solution for proper management at minimum cost:

  • Preparing the property for the occupancy period- Madeus Asset Management prepares the property for occupancy by the owners/others, each time, according to the owners' specifications.

  • Regular maintenance and operation of the systems in the property Madeus Asset Management oversees the regular maintenance and operation of the existing systems in the property, e.g. heating system, swimming pool, Jacuzzi, sauna, pressure pumps, alarm and security system, and the like.

  • Landscaping and cleaning Madeus Asset Management ensures that landscaping and cleaning services are provided for the property at the necessary times according to the owners' requirements.

  • Renewal of contracts, service agreements and insurance policies Madeus Asset Management ensures timely renewal of contracts, service agreements and insurance policies for the property. Madeus also implements and/or aids in conducting negotiations with the various service providers and suppliers.

  • Transparency in managing the current maintenance and operation budget for the property Madeus Asset Management ensures transparency in managing the current maintenance and operation budget for the property. The company works with the property owners to draft a projected annual expense budget, provides them with detailed actual expenditure reports during the year, and manages a separate expense ledger for each property.
  • Supervision of initiated jobs in the asset Madeus Asset Management oversees initiated jobs that are implemented in the property, according to the owners' decisions.

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    Asset management by Madeus Asset Management includes:

    Madeus Asset Management enables property owners to benefit from professional management consisting of:
         
         
    >> Constant supervision of asset maintenance
       
     
  • monitoring and supervision of the regular maintenance of all operating systems in the property, e.g. heating system, swimming pool, Jacuzzi, sauna, pressure pumps, alarm and security system, and the like

     
  • continual monitoring and supervision of regular suppliers and service providers for the property, e.g. landscaping, cleaning, pest control, security, and the like

     
  • timely preparation of the property for occupancy, according to the owners' specifications, each time the owners and/or guests intend to come for a visit or a stay in the property

     
  • implementation of initiated jobs in the asset according to the owners'/partners' decision, for all the stages of the process - from price quote to supervision to final account approval

         
    >> Continuous financial management of the asset
       

     

     
  • preparing an annual financial budget for maintaining the asset at the level required by the owners
     
  • paying service providers, suppliers and institutions in accordance with the approved annual budget and the work actually implemented
     
  • opening and managing a trust account, if necessary
         
    >> Bookkeeping records, reports to institutions, and preparation of reports for the asset owners
         
     
  • bookkeeping records of asset maintenance expenditures
     
  • continual handling and reporting vis-?-vis the Authorities (municipalities, the Israel Lands Administration, and the like), if necessary
     
  • submitting actual maintenance expenditure reports to the owners during the year, on demand
     
  • submitting an annual maintenance and management expense report
         
    >> legal handling
       

     

     
  • aid in handling legal aspects related to the asset, if necessary

     

     
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    יתרונות מדאוס  
    סקר מדאוס  
    ניהול נכסים מושכרים  
    תחזוקת דירות ובתי יוקרה  
    כדאי לדעת  
    לוח דירות השכרה ומכירה  
    הטבות לבניינים  
    טופס קריאת שירות  
    צרו קשר  
    דף הבית  
                   Tel: 1599-514-515 | Fax: 03-6742596 | P.O. Box 1430, Ramat Gan 52106 info@madeus.co.il