Peace, mercy, and blessings of God be upon you, A certified and qualified property management company is required (holding a FAAL license for property management) to undertake the task of technical, financial, and marketing supervision for an existing property in Riyadh city, according to the following terms and details: 📊 Property Financial Information: • Annual Income: The current/target income for the property ranges between SAR 400,000 to SAR 600,000 annually, making it an excellent and rewarding opportunity for highly competent companies. 📌 Scope of Work Required: • Technical and Marketing Management: Marketing vacant units, attracting qualified tenants, and efficiently activating property operations. • Financial and Contractual Management: Documenting contracts electronically via the EJAR platform, following up on rent collection, and directly depositing funds into a unified and specified bank account. • Note: The scope of work includes financial and contractual supervision and follow-up, and does not include direct maintenance. 💼 Nature of Contract and Requirements: 1. Contract Type: A partnership contract based on actual returns and collection (a percentage of collected amounts). 2. Licensing: A valid commercial registration and an official FAAL license for property management are required. 3. Governance: A legal addendum will be attached to the contract to ensure transparency and send appropriate periodic reports to all parties and heirs. 🔹 Interested companies with the experience and operational capacity should communicate via private message or WhatsApp, sending a brief about the company, its track record, and the proposed management fee. We wish everyone success, FAAL License /1200047100 Commercial Registration /7053212150