Sunday, 28 July 2013


Known for its Independent fashion boutiques, designed showrooms, bookshops and music bars, Mar Mikhael is one unique district that will never disappoint you.
 Living there is everything but dull. It’s the perfect place suitable for all ages. Whether you need a drink or just a book, it’s all there. It’s a place worth spending your lifetime in.


Are you looking for a place where your kids can enjoy, where they can play in a secure garden, without you having to worry about them?
How many times do you get home stressed, worried and depressed? Wouldn’t it be great if you could just shake the stress away by taking a walk in a beautiful calm backyard, where you can relax your nerves from your tough day?
Well, it may be your lucky day today, because you are reading what can help make your life a better one.

Choosing a place to call home is a tough decision… But now you don’t have to worry about this anymore, because not only we choose you a place to live, but we also make sure it’s the right one that suits you best.


For you apartment hunters, looking to get rid if your anxiety, MichelAnge is the place to be:
MichelAnge, located in Mar Mikhael, realized by the architects AAA, is composed of 11 floors, duplex, and will satisfy all your needs.
With its incredible sea view, the fa├žade on the street is glazed and contains plants, on different levels, which will keep this building breathing.
This building is like a get-away from all your problems, comfortable and beautifully designed, it is worth making it your home.
With its outstanding and unique look from the outside, it won’t disappoint you from the inside either.
If you are looking for a duplex, or just a small apartment, in this building, you will find whatever it is that you are looking for.

With an interior architecture that will please you, it’s worth every penny. Why did I say that?
You can take a look yourself and you will know.
No square meter is wasted; every inch that can be possibly used is taken advantage of for your benefits.
We can assure you, you are not paying your money for an apartment full of corridors and spaces you can’t use.

For more pieces of information please call: 01- 616 000.
The prices are reasonable.

So what are you waiting for? Take advantage of this opportunity and call before it’s too late.

Tuesday, 23 July 2013

Property Management and fees

Property Management and fees

1- Management of the common parts of a building on behalf of all its owners: ensuring the smooth day to day running of the building, keeping all the amenities and utilities in good working order, such as lifts, electric generators, boilers, water wells and water pumps etc. Recruiting and employing a caretaker for the building and supervising his work on regular basis.

2- Legal and administrative services:
a. Issuing and distributing notices of general assembly meetings to all owners, and record minutes of the meetings.
b. Obtain all the necessary insurance certificates for the building.
c. Issue warnings for service charge arrears to the owners concerned and subsequently start legal proceedings to collect these charges.

3- Accounting services:
a. Preparation of a budget forecast for the coming year.
b. Issue service charge demands/ quarterly statement of accounts to each owner.
c. Issue an annual statement of account for the building expenses.
d. Collection of service charges from the co-owners.

Management services

Management services for rented apartments or whole rented building

1- Collecting rental incomes.
2- Registration of the tenancy contracts at the municipality.
3- Declaration of rental income and payment of taxes on behalf of the Landlord.
4- Building maintenance
5- Try to obtain the best possible price for the client and help him achieve capital gain/profit.



1- Rental valuation of the Landlord’s property
2- Incurring all charges for marketing and advertising clients’ properties in various media.
3- Showing prospective tenants around the property, and negotiate the best possible price agreeable to both parties.
4- Collect references for the prospective tenants (bank, employer, and previous Landlord). Collect a reservation deposit from the tenant in order to secure the property.
5- Drafting and signing Tenancy Agreements on behalf of the Landlord.
6- Registration of the Tenancy Agreements at the municipality.
7- Organizing inventory check-in and check-out at the beginning and end of the tenancies.
8- Renewing or terminating tenancy agreements at the end of the term.


Sales/Purchases :

1- Market valuation of the property, revised and updated on regular intervals.
2- Marketing and advertising clients’ properties at our own expense in various property publications (newspapers, magazines, leaflets, our own website).
3- Showing prospective purchasers around the property, and negotiate the best possible price agreeable to both parties.
4- Drafting contracts, introducing and liaising with the notary public in order to complete the purchase transaction and obtain the title deeds of the property in question.
5- Financial advice and assistance in obtaining bank loans.
6- Getting quotations for the total refurbishment and redecoration of the property
7- Help with the installation and connection of all utilities (telephone, electricity, etc)
8- Obtaining a home insurance certificate tailored to the clients own needs
9- In the case of Exclusive Agency Agreements, Sodeco Gestion will arrange the collection of all the certificates necessary to complete the purchasing transaction.


Sodeco Gestion is the first company that introduced the concept of property management in Lebanon. It was founded in 1996 by Libano-Francaise Bank and Mr. Joe Kanaan, who worked extensively in this field in Paris, France, for some 25 years. His wide knowledge of property market contributed to expansion of company. Today Sodeco Gestion is a leader in the property market, having several branches across Lebanon, with more than 40 highly experienced executives at your service.