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Old 28.06.2018, 07:32
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Finding an Agent to manage owned apartment in Basel

Hi, I am a Swiss/Australian looking at renting out an apartment I own in Basel and am finding it impossible to find a management Agent who is willing to manage it for me. They advise that it is not economical for them to manage only 1 apartment and that it would be too cost prohibitive, this has been a common response.
Can anyone recommend a management agent in Basel who would manage the property for me? I live in Australia so it is important I have someone in Switzerland to manage it for me.
Many thanks.
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Old 28.06.2018, 07:38
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Re: Finding an Agent to manage owned apartment in Basel

Ask a neighbour?
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Old 28.06.2018, 08:36
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Re: Finding an Agent to manage owned apartment in Basel

Sell it?
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Old 28.06.2018, 09:55
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Re: Finding an Agent to manage owned apartment in Basel

Wow! They have too much money in Basel.
We had no problems finding someone to manage our place in Vaud.

Self managed or find a virtual assistant type person in Basel.
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Old 28.06.2018, 10:10
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Re: Finding an Agent to manage owned apartment in Basel

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Hi, I am a Swiss/Australian looking at renting out an apartment I own in Basel and am finding it impossible to find a management Agent who is willing to manage it for me. They advise that it is not economical for them to manage only 1 apartment and that it would be too cost prohibitive, this has been a common response.
Can anyone recommend a management agent in Basel who would manage the property for me? I live in Australia so it is important I have someone in Switzerland to manage it for me.
Many thanks.
A condo building here has a maintenance company, which looks after the regular things needing to be done, organizes owner-meetings, suggests solutions etc. etc. You could ask them if they would take over the management of your flat additionally. As you already are a client, they might.
The fee for management is about 5% of the rental income - no wonder nobody wants to take over the management for only one flat.

An other possibility is trying to find a "Treuhänder" (trustee) who might be willing to do this for you - after all, you most likely will have to fill in taxforms etc. etc. as well.

If you don't have a family member who manages that one flat for you it will be difficult - or so expensive that it ain't worth it.
So you would have to find a tenant who is willing to look after the flat himself, takes part in the yearly meeting of proprietors, communicates well with you if there are problems/costs/matters to decide.
This is possible - I once rented a flat where the owner sent me to these meetings every year and I even saved him money by voting "my way". LOL. It requires trust though.
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Old 03.07.2018, 08:47
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Re: Finding an Agent to manage owned apartment in Basel

If you have an owner's association in the building, try asking them for a suggestion.

Alternatively look at the ads for rentals in your area (or sales) and see if there is a firm looking after something nearby who might be interested in looking after your apartment.
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Old 03.07.2018, 10:50
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Re: Finding an Agent to manage owned apartment in Basel

Is it a temporary/short term requirement (e.g. for a year while you are in Australia) or long term (e.g. you moved to Australia and now want to rent out the place long term).
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Old 04.07.2018, 09:54
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Re: Finding an Agent to manage owned apartment in Basel

OP, be aware that generally speaking decisions by the meeting of owners are binding. A conclusion may be completely unfair and to your disadvantage but still valid. Unless you attend those meetings, or have a representative attend, you may not know before it's too late.
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