Flat Manager Foundations

Image by Possessed Photography

Philosophy  ​

The most valuable asset of a company is its team, and the goal of the team is to provide the best possible service for customers.  

Mission

Flat Manager's mission is to optimise the income for property owners and in a hassle-free, ethical and responsible way.  

Vision

Our vision is  to be a long-term partner of all owners of residential real estate in Bulgaria and to apply our business model in other countries around the world.  

Values

  • We challenge conventional wisdom

  • We work efficiently  with integrity

  • We innovate or optimise

  • We are always honest and fair

  • We are always entrepreneurial

  • We always work together

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Our history

December

2016

The company is registered and starts looking for its first clients - property owners in Sofia, who want to rent them out through Airbnb . 

March

2017

Flat Manager signed its first management contracts and accommodated its first Airbnb guests in an apartment in Geo Milev.

July

2017

We launch our first franchise, in Varna, with several properties that welcome guests in the summer. 

November

2017

Flat Manager starts working with Booking.com and becomes the first company in the world for whose properties the platform provides a free photo shoot. 

March

2018

We added our first hotel to our real estate portfolio - a building with 10 apartments near Zaimov Park in Sofia, which also served as the company's headquarters.

August

2018

We opened the boutique hotel R34 .  We also started working with Expedia Group, and our portfolio of managed properties exceeded 100. 

April

2019

We launched operations in Plovdiv and Burgas, as well as our first international franchise in Bucharest, Romania. We also launched our own short-term rental platform FlatAway

December

2019

With the help of the startup association BESCO and other partners we manage to prevent a ban of short-term rentals  in Bulgaria

April

2020

In response to the pandemic, we provided apartments for 14-day quarantine and launched a new service - long-term rental management

October

2020

After a strong summer season on the Black Sea coast and without letting go of any member of the team in the context of the worst crisis for the tourism sector, we returned to the office

July

2021

Flat Manager becomes the first and only property management company, partner of Homes & Villas by Marriott International  in Bulgaria.

October

2021

We started operating in the more traditional segments of the real estate market - long-term rentals and sales, with an innovative business model.