A property can be a calm asset or a source of headaches; the difference usually lies in how it is managed. Renting your property without handling the day to day is possible with a mandate contract, and this guide explains how it works and what to expect.
The mandate is the contract by which, as owner, you appoint an agency to manage your property on your behalf: find a good tenant, collect the rent, handle maintenance and report back to you. It clearly defines what the manager may do and what must be reported to you, which protects both parties.
Tenant selection is the first filter that protects your asset. Serious screening evaluates identity, ability to pay and backing, and sets the right guarantee, whether an insurance policy or a co-signer. A well-chosen tenant avoids most problems.
The monthly operation is what frees your time: collecting the rent, applying the annual increase within the CPI cap, coordinating maintenance and responding to whatever comes up. A transparent manager shows you the movements and does not make consequential decisions without your approval.
Reporting is the proof of good management. You should be able to see, clearly and on time, what came in, what went out and why. Trust is built with information, not with promises.
At Andavo we manage under a mandate and with that logic: transparency, a human in the loop on what matters and the accounts in plain sight. We do not promise returns or guarantees that do not depend on us; what we offer is careful handling of your property and your peace of mind.