You are in the right place to
Manage.
Flats, house shares, entire buildings: Covesta manages your investment properties, collects the rents, coordinates works and reports to you every month. We are not a managing agent for co-owned buildings: we are your property manager.
7.2% incl. VAT all inclusive · rents transferred within ten working days · monthly report
7.2% incl. VAT
of rents including service charges, all inclusive
D+10
rents transferred within ten working days
Every month
a management report and a statement of account
€0
extra for arrears, claims and service charges
What we manage
From a furnished studio to an entire building
The same dedicated manager, the same online portal, the same standards. Only the scale changes.
One unit, one tenant, one dedicated manager
Studio, one-bedroom flat, furnished house share: we let, collect, monitor and report. You receive your rents, we handle the rest.
- Letting, compliant lease, inventories with photos
- Rent collection, receipts, transfer within ten working days
- Claims, minor works, arrears, at no extra cost
- Monthly report and statement of account in your portal
The building managed as an asset, unit by unit
Single ownership or a large number of units: we manage the whole, from the leases to the common areas, with a single management account and consolidated reporting.
- All the building's leases and tenants, vacancy managed unit by unit
- Maintenance contracts, boiler, lift, common areas
- Works coordinated with vetted contractors, budget monitored
- Property tax, insurance, charges: one consolidated statement per building
Our services
Everything a let property requires, taken care of
Six services included in the fees, for every unit we manage.
Tenant search and selection
Listing on the portals, rigorous review of applications, identity and solvency checks, guarantor or rent guarantee insurance as appropriate. Our aim: a property re-let in under fifteen days.
Lease and compliance
Furnished or unfurnished lease compliant with the French law of 6 July 1989, mandatory appendices, surveys, rent control where it applies, annual review in line with the IRL index.
Inventories
Check-in and check-out inventories carried out by Covesta, with photos and a digital report shared in your portal, furniture inventory for furnished lettings.
Rent collection and transfer
Payment notices, collection, automatic receipt, transfer within ten working days. The deposit is held in escrow until the end of the lease.
Claims and works
Tenant intervention requests, quotes sent for approval, coordination of vetted contractors, follow-up through to sign-off. You approve, we execute.
Arrears and disputes
Reminders from the first late payment, formal notice, recovery proceedings, all included. Rent guarantee insurance remains available as an option from a partner insurer.
Entire buildings
What changes with an entire building
An income-producing building is not just a sum of flats: leases end one after another, the common areas have their contracts and inspections, works are planned over several years. We manage it as an asset, with a consolidated view and a single point of contact for all your tenants.
Talk about my buildingA single management account
Rents, charges, works and fees for all the units on one statement, with a statement of account per building and per period, ready for your accountant.
The building's schedule
Lease expiries, re-lettings, maintenance contracts, mandatory inspections and common-area works kept in a single calendar, which you can consult at any time.
Coordinated works
Renovation of a unit between two tenants, façade work, boiler room, roof: we cost the work, bring in vetted contractors and monitor the site. The contractors carry their own guarantees.
A value-enhancement strategy
Market rents, reduced vacancy, switch to furnished letting or house share where relevant, sale unit by unit or as a whole: we advise, you decide.
Your landlord portal
All your assets, online
Every property, every building, every euro received or paid out, visible at any time, in software developed in-house by Covesta and adapted to the needs of each landlord.
Dashboard
Rents collected, charges deducted, balance to be transferred, by property and by building, updated with every movement.
Alerts
Rent received, tenant request, lease expiry, claim reported: you are informed without having to ask.
Centralised documents
Leases, surveys, receipts, invoices, reports and statements of account, accessible and downloadable.
Messaging
Exchange with your property manager from your portal, with the full history of your exchanges.
Works tracking
Quotes approved in one click, progress and site photos, invoices attached to the property.
Protected data
Your data and documents are hosted in Europe, encrypted and backed up daily.
Fees
6%
excl. VATi.e. 7.2% incl. VAT of monthly rents including service charges
Letting and inventory fees charged within the caps set by the French ALUR law. Rent guarantee insurance optional.
- Search for qualified tenants
- Lease compliant with the French law of 6 July 1989
- Inventories with photos and digital report
- Rent collection and transfer within ten working days
- Claims and minor works at no extra cost
- Co-ownership charges and calls for funds monitored
- Arrears handled with no additional charge
- Monthly report, statement of account, online portal
For an entire building or a portfolio, fees are agreed in the mandate according to the number of units.
Entrust a propertyHow it starts
From the signing of the mandate to the first rent payment
- 01
Management mandate signed online
Everything is done remotely: you sign the mandate electronically, we collect the keys and the files of the current leases.
- 02
Audit of the property or building
Compliance of the homes, missing surveys, state of the leases, current contracts, points to watch: you receive an initial assessment.
- 03
Letting and takeover of leases
Listing, viewings, selection of the tenant, which you approve in one click; existing leases are taken over without any interruption in rent collection.
- 04
Monthly follow-up
Collection, transfer, management report on the last day of each month, and a reachable manager who knows your property.
Frequently asked questions
What landlords ask us
Do you manage entire buildings?+
Yes. We manage single-owner income-producing buildings and groups of units held by the same owner: all the leases, rent collection, maintenance contracts, works and consolidated reporting per building. It is management on your behalf, not co-ownership administration.
Are you a managing agent for co-owned buildings?+
No, and deliberately so. The managing agent (syndic) administers the common areas on behalf of all the co-owners. Covesta manages your assets on your behalf: in a single-owner building there is no managing agent and we run the building; in a co-owned building, we manage your units, monitor the calls for funds and deal with the managing agent for you.
What does the 7.2% incl. VAT fee include?+
Day-to-day management as a whole: tenant relations, rent collection and transfer, receipts, monitoring of charges, claims, minor works, reminders and proceedings in the event of arrears, monthly report and online portal. Letting and inventory fees are charged within the caps set by the French ALUR law. Rent guarantee insurance is optional.
What are the fees for an entire building?+
The same scope of services applies to each unit. For an entire building or a portfolio, fees are agreed in the mandate according to the number of units and the services expected for the common areas.
How am I kept informed?+
Every movement appears in your landlord portal: rent received, charge paid, tenant request. On the last day of each month, you receive the management report for the past month, and you can obtain a statement of account for any period at any time.
What happens if a tenant stops paying?+
Your property manager sends a reminder from the first late payment, proposes a payment plan if the situation warrants it, then issues a formal notice and starts recovery proceedings, at no additional charge. If you have taken out rent guarantee insurance, we prepare the claim for the insurer.
First call free of charge
A flat, a house share or a building to entrust to us?
Thirty minutes to review your property, your current leases and what we can take on from next month.