Athiri Property Partners Flats to rent and to buy in Malé and Hulhumalé, island land and commercial space, described honestly

Valuations and rent reviews

1,500 rufiyaa for a written rent opinion, 3,500 for a sale valuation, with the comparables listed.

A written opinion on what a property should rent for, or what it is worth to sell.

1,500 rufiyaa for a rent opinion on a flat, 2,500 for a commercial unit, 3,500 for a sale valuation. A rent review for an existing tenancy we manage is included.

Every opinion we write lists what it is based on. That sounds like a small thing and it is the whole product. A valuation without comparables is a number somebody has decided to say, and it cannot be argued with, checked or used in a negotiation. Ours names the lettings or sales it leans on, when each one happened, and where it differs from your property.

For a flat the things that actually move a rent here, roughly in order: the ward, the floor together with whether there is a lift, the number of bedrooms, how water and electricity are metered, whether it is furnished, the state of the bathrooms, and somewhere secure to leave a motorcycle. The view matters far less than people believe and the age of the building matters more, because of what age does to the tanks, the pipes and the roof.

For a rent review on a sitting tenant we will also tell you what we think the risk of losing them is, in months of empty flat, and put the two numbers side by side. Raising a rent by eight hundred rufiyaa and losing two months is a loss, and it happens every year to landlords who never did that arithmetic.

What we do not do is produce a valuation for a purpose it cannot serve. If you need a figure for a formal process, ask whoever needs it what form they require and who they accept it from. We would rather say that than sell you a document that gets refused.

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  • Where we are Second floor, Nirolhu Building
    Orchid Magu, Malé 20188
    Maldives
  • Call us +960 330 4477
  • WhatsApp 9607904477
  • Email us lettings@athiriproperty.mv
  • Opening hours Sunday to Thursday, 9am to 6pm Saturday, 10am to 2pm Viewings arranged for evenings and for Friday afternoons