The Overlooked Expense of Not Having a Maintenance Strategy
A common trap landlords fall into is fixing problems only once they occur. This approach results in:

• Rapidly rising repair costs
• Increased tenant dissatisfaction
• Decreased resale or rental value
• Legal and safety liabilities

Real Examples

A 2023 survey of buildings in Beirut found a direct correlation between maintenance strategies and vacancy rates. In buildings without maintenance plans, vacancy rates were 28% higher and were predominantly caused by neglected maintenance of common areas, malfunctioning elevators, and unaddressed water damage.
Meanwhile, buildings under active property management retained long-term tenants and saw consistent rental value increases — even in a struggling economy.

• Inoperative or corroded elevators
• Leaking water tanks and ceilings
• Overheating electrical panels and generator failures
• Unclean common areas and unmanaged garbage
• Malfunctioning intercoms, restricted access, and inadequate illumination
• Water infiltration, humidity, and mold in walls

And guess what? Tenants notice. A potential tenant visiting a building with foul-smelling hallways and broken lighting will walk away before ever seeing your apartment.

• Let’s assume that your apartment’s worth in this scenario is $200,000 USD
• And let’s assume 15% of that value drops down because of poor maintenance, that’s losing $30,000 right away..
• On the other hand, implementing a preventive maintenance plan might cost you $600 to $1,000 per year — a fraction of the damage you could be avoiding.

Now imagine this across 5 or 10 units — it adds up fast.

Successful building owners are Proactive. They do not wait for problems to crop-up.
Property Management becomes Automated, Simple, and Clear with platforms like Binayati.

With a click, you can:

• Schedule maintenance in advance (HVAC, plumbing, water tanks, etc.)
• Log all repairs and service requests in one place
• Get notified when inspections are due
• Monitor common area condition reports
• Assign tasks to trusted technicians
• Track costs for every unit and building

This doesn’t just save you time — it protects your property’s long-term profitability.

Here’s a Checklist to get you started:

• Water Tank Cleaning: Should be conducted semi-annually
• Elevator Maintenance: Monthly service contracts
• Generator Inspection: Weekly fuel check + monthly service
• Stairwell & Shared Area Cleaning: 3x/week minimum
• Lighting Inspection: Monthly replacement of any dim or burnt bulbs
• Garbage Area Cleaning: Daily (or risk rodent infestations)
• HVAC Checkups: Before summer and winter seasons
• Pipe Leak Inspection: Quarterly visual checks or moisture sensors
• Roof Waterproofing: Every 2–3 years (especially after harsh winters)
• Facade Cleaning & Repair: Annually for high-visibility buildings

With Binayati, you can digitize this checklist and ensure accountability from all service providers.

As an engineer overseeing more than 12 residential apartments located in Metn, Nadim H. states:

“Tenant complaints related to malfunctioning elevators finally came to a standstill. That’s when we switched to a digital platform. Emergency repair costs dropped by 45% in the first year alone when we adopted a more preventive approach.”

People are rising to the occasion more too. Just recently, a 2024 regional survey found that 67% of participants would be willing to pay a moderately higher fee in exchange for an adequately managed structure alongside efficient responsive service.”

If you’re planning to sell your unit, a complete Digital Maintenance Log helps you prove:

• That the property was well taken care of
• That all systems are functioning
• That future repair costs are low

Buyers are more likely to make serious offers on properties with transparent histories — especially in buildings that use a Smart Platform like Binayati.

In Lebanon’s unpredictable economy, real estate remains one of the most reliable ways to build and preserve wealth. But only if it’s maintained properly.

Don’t let a clogged drain today become a structural crisis tomorrow.
Don’t lose thousands in property value over a $20 broken sensor.

Proactive maintenance isn’t an expense — it’s protection.

Save time and manage your property smartly.

Now with Binayati, you can track every detail, allocate responsibilities, oversee the building’s maintenance and safeguard your investment all through your phone.

Visit www.binayati.com to get a free demo or check out other features.