As a property manager, you are responsible for the management of real estate, including the care of tenants, the organisation of maintenance work and ensuring that the property is always in optimal condition. A property manager must also manage leases, monitor rent payments and act as a contact person for tenants and owners.
In Germany, the average monthly salary for a property manager is about 3,673 € with a range of 3,126 € to 4,470 €. The annual salary is about 49,579 €, while the starting salary is 33,694 € and the upper salary range is 6,644 €. Regional differences also exist: in Baden-Württemberg, the average salary is 3,906 €, while in North Rhine-Westphalia, the average salary can rise to only 3,373.7 € per month.
A career as a property manager usually requires training in real estate or a degree in a related field. Additional qualifications such as a real estate agent or a degree in business administration can also be beneficial. In addition, internships in the real estate sector are very helpful to gain practical experience.
As a property manager, there are a variety of career opportunities. You can specialize in certain types of real estate, such as residential or commercial real estate. With the right experience, you can also work as a senior property manager or be self-employed. You can also move up to higher management positions within real estate companies or venture into real estate development.
