Letting an apartment in Belgrade is the easy part. The real work starts afterwards: the rent has to arrive on time, the heating fails in January, the tenant reports a water leak on a Sunday evening, the city's annual utility statement needs checking, and all of this happens several thousand kilometres away from the apartment. This article does not explain how to find a property manager. It describes what actually happens in day-to-day practice once a rental apartment is looked after remotely on a permanent basis.
The power of attorney as the foundation
Before anything can be managed, the people on the ground need a solid legal basis. The usual tool is a notarised power of attorney (punomoćje) that sets out precisely what the managing person or company may do on your behalf: signing contracts, receiving rent payments, commissioning repairs up to a certain amount, and representing you towards utility providers and authorities. A power of attorney that is worded too generally often leads banks or offices to ask for additional documents. Precise wording tailored to the management purpose avoids delays later on.
Monitoring rent payments and spotting arrears
The rent is normally paid into a Serbian bank account, held either in the owner's own name (with remote access through online banking) or as a management account of the company you have engaged. In concrete terms, working remote management means:
- Checking that the payment has arrived within a few working days of the agreed due date
- An automated or manual payment reminder if the rent is late, usually after three to five days
- Recording every payment for the owner's annual tax return
Foreign owners in particular do not look at a Serbian account every day. A monthly statement or an automatic payment confirmation by email is the difference between a missed payment that is noticed after three days and one that only comes to light after six weeks.
Communicating with the tenant: messenger rather than email
In Serbia, everyday communication with tenants runs almost entirely through Viber or WhatsApp, not email. A remote manager who relies on formal email correspondence will regularly miss urgent messages. What works well is a clearly communicated routine: the tenant reports problems through one fixed channel, the manager confirms receipt within a few hours and gives a rough estimate of when the issue will be dealt with.
Repair coordination: the real everyday work of management
The biggest ongoing workload does not come from the rent but from maintenance. A practical process looks like this:
- Report from the tenant (for example "The hot water isn't working")
- Triage: the manager assesses whether it is a minor repair or more serious damage
- Tradesperson call-out: a known, already vetted tradesperson (majstor) is contacted. In Belgrade, finding tradespeople through personal networks is still more common than going through online platforms
- Documentation: photos before and after the repair, plus a short description of the damage
- Approval: repairs up to a previously agreed limit (often somewhere between the equivalent of 50 and 150 €) are commissioned by the manager independently; larger amounts only after consulting the owner
- Invoice and statement: the receipt is collected and passed on to the owner in the monthly or quarterly statement
This spending limit for independent action is the most important point in the management contract. Without it, either every small issue is escalated (and the tenant waits longer than necessary), or nobody is quite sure what may be ordered without asking first.
Infostan: Belgrade's peculiar way of billing utilities
One point that generic property management guides almost never mention: in Belgrade, water, heating (where the building is on district heating), waste collection, lift maintenance and several other municipal services are billed through a single combined invoice called Infostan. This bill is not calculated on individual consumption per apartment but largely on floor area and the number of registered occupants. For owners used to individual meter readings, this concept often needs explaining. Ongoing remote management usually covers:
- Making sure the Infostan bill is paid on time every month (persistent arrears lead to collection proceedings and, in extreme cases, to supply being cut off)
- Passing the costs on to the tenant, where this has been agreed in the lease
- Checking for anomalies, such as unusually high additional charges in the annual final statement
Regular inspections
Even with a reliable tenant, a periodic on-site check of the apartment is advisable, usually every three to six months while the tenancy is running. The aim is not to distrust the tenant but to spot maintenance needs early: a dripping tap or the beginning of a damp problem costs far less if it is found after three months rather than when the tenant moves out after two years.
Reporting for the owner
Good remote management gives the owner a compact overview at regular intervals, usually monthly or quarterly: rent received, outstanding items, repairs carried out with receipts, and the status of Infostan payments. Without this reporting, all the owner has from a distance is trust without control. With it, the condition of the apartment can be followed without being physically present.
Worked example: a typical month in remote management
To make the process concrete, here is a worked example for a rented-out 58 m² apartment in Zvezdara with a basic rent of 480 €:
- 1st to 3rd of the month: the rent payment is checked. It arrives on time in the management account on the 2nd, no reminder needed.
- 10th of the month: via Viber, the tenant reports a faulty socket in the living room and sends a photo.
- 10th of the month, a few hours later: a known electrician is contacted, comes by the same afternoon and replaces the socket (materials about 8 €, labour about 20 €). Because the total is clearly below the agreed threshold of 100 €, the job is commissioned without asking the owner.
- 15th of the month: the combined Infostan bill (water, district heating, waste collection), the equivalent of roughly 65 €, is checked and paid on time.
- 28th of the month: the monthly report goes to the owner: rent received (480 €), one repair (28 €) with receipt and photos, Infostan payment confirmed, no outstanding items.
A month like this creates practically no work for an owner living in Germany or elsewhere abroad, provided the four pillars (power of attorney, communication channel, spending limit, reporting) have been clearly defined in advance.
Tax obligations that ongoing management should keep track of
Ongoing management should not only cover operational tasks but also keep an eye on the tax documentation. Rental income of private individuals in Serbia is taxed at 20 %, applied to the gross amount after a flat 25 % deduction for recognised costs. In effect, around 15 % of the gross rent is payable as tax. With a basic rent of 480 €, that is about 72 € per month. A good remote manager supplies the necessary records (rental income, documented expenses) in a form that a local bookkeeper (knjigovođa) can process directly, instead of leaving the owner alone with a pile of unsorted receipts at the end of the year. For the actual assessment, especially in combination with the double taxation treaty between Serbia and your home country, where one exists (for German owners the Germany-Serbia treaty), coordinating with a tax adviser remains essential.
What happens when the tenant moves out
One part of ongoing care that many descriptions leave out, because it does not occur monthly but only now and then, is handling a change of tenant. This typically includes:
- Checking the notice period: without an explicit clause in the contract, Serbian law sets a statutory notice period of only eight days for open-ended tenancies. That is one reason why a longer period should be written into the lease itself.
- Move-out inspection compared with the move-in report: without a detailed handover report at move-in, it is hard to judge objectively at move-out what is normal wear and tear and what is damage caused by the tenant.
- Settling the deposit: any deductions for damage or unpaid utility costs must be documented and explained to the tenant in a way they can follow. In practice, blanket deductions without receipts cause most disputes.
- Preparing to re-let: new photos, an updated listing and, if needed, minor repairs before the next viewing.
A remote manager who handles this transition as systematically as the everyday routine prevents problems from going unnoticed precisely in the changeover phase, when nobody is really "in charge" of the empty apartment.
Frequently asked questions
How often should the owner visit in person, even with good remote management?
There is no fixed rule, but a personal visit every six to twelve months is common in practice, not out of distrust towards the manager but to keep your own sense of the condition of the apartment and its surroundings, which photos and reports alone cannot fully convey.
What if the manager has commissioned a repair above the agreed limit without asking?
The management contract should define this as a clear breach, with the consequence that the owner does not, at least initially, have to reimburse the amount above the limit automatically. In practice, it is worth talking it through first: often it was a justified emergency decision that was simply communicated badly, and only rarely genuine misuse.
Can ongoing care be scaled back if the tenant proves to be very reliable?
In principle yes, for example the frequency of inspections: from every three months at the start to every six months once the tenancy has proven trouble-free. For repair coordination and reporting, however, no reduction is advisable, because this is exactly where control over the condition of the apartment lies, no matter how reliable the current tenant is.
What matters at the end of the day
The difference between an apartment that runs smoothly from a distance and one that causes constant problems rarely lies in the apartment itself. It lies in clearly defined processes: a solid power of attorney, a fixed communication channel with the tenant, a clear spending limit for independent repair decisions and a reliable reporting rhythm. If you settle these four points with the manager before the contract starts, you considerably reduce the risk of unpleasant surprises, whether three hundred or three thousand kilometres lie between you and the apartment.
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