OWNER GUIDES / TIVAT

Property management fees in Tivat: what does the price cover?

Understand Riviera Pulse's 15% full-management fee, the revenue basis to agree and the separate costs to compare before choosing a property plan.

By Riviera Pulse ·

When comparing property management fees for a Tivat apartment, start with the work you want someone to take over. An empty home needing occasional checks has a different workload from a rental with calendars, guest messages and changeovers. A useful proposal connects the price to those tasks, the people responsible and the records you receive.

Riviera Pulse's published full-management fee is 15%

Our full-management fee is 15%. Your written proposal defines the revenue basis, included work and separate operating costs after the property and delivery arrangements have been assessed. The percentage alone does not define what counts as revenue or which costs are included. See the property management fee and scope information for our published approach.

Standalone OTA optimisation, dynamic pricing and selected rental services are quoted separately. A monthly property-care plan covers its stated checks, reports and routine support; it does not automatically include bookings, guest communication or full changeovers. Choose the service around how you use the apartment, then compare the complete proposals.

Put the percentage beside an agreed revenue basis

Ask the proposal to explain how platform commissions, cleaning fees, taxes, refunds, deposits and any minimum fee are treated. Confirm the reporting period and which records will support the calculation. This makes it possible to check a management charge against the same figures later.

Arithmetic illustration only: if a written proposal agreed a fee base of €2,000 for a period, 15% would be €300. If the agreed base were €1,800, 15% would be €270. These fictional amounts illustrate the calculation; they are not a quote, an earnings forecast or a definition of Riviera's revenue basis. That basis is set in your proposal.

Compare the complete cost of the same work

Give each provider the same apartment brief and task list. Ask for recurring charges, setup, variable work and outside-provider costs to be shown separately. A percentage and a monthly or per-visit amount can only be compared usefully once their scope and assumptions are clear.

  • Property care: the agreed areas, visit frequency, report and routine coordination included.
  • Rental work: selected channels, calendar tasks, pricing review, guest-support hours and arrival responsibilities.
  • Operating costs: cleaning, laundry, consumables, repairs, materials and any platform or software charges.
  • Extra attendance: the circumstances, scope and maximum cost of a genuinely additional visit or time.
  • The full price: applicable taxes, approval limits and how a change to the work is agreed.

Under Riviera's current model, owners pay providers and utilities directly. The proposal distinguishes those costs from Riviera's coordination. Cleaning and specialist work have their own assessed scope; the management percentage does not make every property expense part of the fee. Our rental management cost information explains the categories to agree.

Check for overlap before adding a charge

If a contractor visit can fit within a paid care visit or an existing allowance, ask how it will be recorded. Work that fits an already-paid visit or allowance is not charged twice by Riviera. If another appointment or more time is needed, agree the additional scope and maximum cost before it is arranged.

For several apartments, a combined quote considers nearby addresses, shared tasks, visit windows and workload. Keep a record of what is included for each unit, even where schedules and communication are shared. A portfolio proposal should make those assumptions visible rather than leave you to infer a discount or identical service for every apartment.

Ask for a proposal you can check against the report

Send the apartment location, size, current use, existing providers and work you want to delegate. For rentals, add the letting period, channels, owner-use dates and expected changeovers. Ask how the agreed fee and separate costs will appear alongside completed work and outstanding decisions. The fictional Owner Brief demonstrates the distinction between a supplier charge, a Riviera task and the owner's approval.

The initial conversation with Riviera Pulse is free. Use the property enquiry form to discuss the scope; visits, services and additional work are separately agreed and priced before work begins.

Discuss care for your property

Tell us where the property is, what you need help with and when you next plan to arrive. The initial conversation is free. Any visit, service or additional work is separately agreed and priced.