Sheltair Owners offers a return of up to 25% on owners' rent

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

In 2016, Sheltair revolutionized the office market by offering the possibility of renting fully-equipped private work spaces for hours in the center of cities such as Barcelona or Madrid. Now it goes one step further with the launch of Sheltair Owners, a new formula that allows real estate owners to benefit from the dynamism of the office market as a service, which last year grew by 71% in the two main Spanish cities, according to Cushman & Wakefield.

With Sheltair Owners, the owner must provide the property and assume the initial investment to condition it according to Sheltair's quality standards; then a rental contract is signed with Sheltair stipulating a minimum monthly rent that the owner will receive regardless of whether his property is rented or not; From that moment on, Sheltair is responsible for offering space rental and also deals with daily cleaning and maintenance. Depending on the occupancy of the property, the owner can increase the monthly rent agreed in the Sheltair Owners contract by up to 25%.

Given the growing demand for flexible workspaces, Sheltair Owners offers owners the opportunity to obtain greater profitability without having to worry about searching for tenants, managing the rental contract or taking care of the rented space. years we collaborate with Sheltair with a flexible rent model, which has allowed us to increase our income over a traditional rental and having the peace of mind that our space is always in perfect condition, "says the owner of the Sheltair Paseo de Gracia, 67, which already works with a similar model.

A new way for private owners to capitalize on their properties

Sheltair Owners is aimed at private owners who have independent properties of between 30 and 100 square meters located in the center of the city and capable of being equipped as offices or offices. In exchange for a small initial investment, the owners can obtain a higher return than residential or commercial rent, without having to worry about the management of their leases. In addition, the owner always receives the agreed minimum rent, although the space is not rented, which can be increased up to 25% if the space has a high use by Sheltair users.

"With this system we can involve the owner of the benefits of our business model, offering a return on your property that you did not get before, and for us, this system allows us to grow faster and increase our portfolio of spaces", explains Rita Vidaller, Director of Operations at Sheltair. "It is an ideal formula for owners who want to obtain a greater profitability of their properties without having to worry about anything and with the guarantee that we will conserve the space in perfect condition".

Sheltair plans to double its own property portfolio and managed in 2020

The Sheltair forecasts are to incorporate up to 20 new properties in various Spanish cities through the Sheltair Owners formula during the period 2019-2020. The company now opens talks with owners to choose the next 10 spaces of the network, completing its national portfolio before making the leap to Europe, with the aim of combining these two formulas to accelerate the expansion plans of its rental office service for hours.

The hourly offices offered by Sheltair are used by large companies, startups, executives, freelancers and freelancers who need a space for hours in the center of the city to work, hold meetings or job interviews, etc. With only 3 minutes in advance, through its mobile application it is possible to book private work spaces with capacities from 2 to 50 people, a modern design and fully equipped.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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