Home > Salary > Latvia > Director Of Property Management
The Director of Property Management is responsible for overseeing the management and operation of a company's real estate portfolio. They are responsible for ensuring that all properties are well-maintained, leased, and generating maximum revenue. This role involves developing and implementing property management strategies, establishing leasing and rental policies, and managing tenant relationships. The Director of Property Management also oversees the budgeting and financial aspects of property operations, including rent collection, expense control, and capital improvements. They may also be involved in property acquisitions and dispositions, as well as negotiating lease agreements. This position requires strong leadership and communication skills, as well as a deep understanding of real estate market trends and property management best practices.
Estimated Yearly Salary: 39,186 EUR
Estimated Monthly Salary: 3,266 EUR
Estimated Weekly Salary: 754 EUR per week
Estimated Hourly Salary: 19 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,164 EUR
Estimated Weekly Salary: 730 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 39,424 USD
Estimated Monthly Salary: 3,285 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 39,186 EUR
Estimated Monthly Salary: 3,266 EUR
Estimated Weekly Salary: 754 EUR per week
Estimated Hourly Salary: 19 EUR per hour
By working as Director Of Property Management a person can save up to 2,425 USD per month or 29,104 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Director Of Property Management
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Property Management salary in Latvia
Average Yearly Salary of Director Of Property Management in Latvia is approximately 39,186 EUR (39,424 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Director Of Property Management do?
The Director of Property Management is responsible for overseeing the management and operation of a company's real estate portfolio. They are responsible for ensuring that all properties are well-maintained, leased, and generating maximum revenue. This role involves developing and implementing property management strategies, establishing leasing and rental policies, and managing tenant relationships. The Director of Property Management also oversees the budgeting and financial aspects of property operations, including rent collection, expense control, and capital improvements. They may also be involved in property acquisitions and dispositions, as well as negotiating lease agreements. This position requires strong leadership and communication skills, as well as a deep understanding of real estate market trends and property management best practices.
Skills: Property Management, Real Estate, Operations, Leasing, Tenant Relations, Financial Management
Job industry: Real estate
Job industry: Real estate
How much does Director Of Property Management make?
Salary details
How much does Director Of Property Management make?Estimated Yearly Salary: 39,186 EUR
Estimated Monthly Salary: 3,266 EUR
Estimated Weekly Salary: 754 EUR per week
Estimated Hourly Salary: 19 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 37,965 EUREstimated Monthly Salary: 3,164 EUR
Estimated Weekly Salary: 730 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Last revision of data: 2024-01-03Director Of Property Management estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,424 USD
Estimated Monthly Salary: 3,285 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Property Management job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Property Management in Latvia earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Property Management job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Property Management in Latvia earns on average:
2 times the average salary (or 200% of average salary).
Is Director Of Property Management a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Director Of Property Management?
High salary for Director Of Property Management would be somewhere between 43,105 EUR and 56,820 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Property Management in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 39,186 EUR
Estimated Monthly Salary: 3,266 EUR
Estimated Weekly Salary: 754 EUR per week
Estimated Hourly Salary: 19 EUR per hour
By working as Director Of Property Management a person can save up to 2,425 USD per month or 29,104 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Of Property Management
Estonia is 50,382 USD
Russia is 23,467 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Senior business continuity manager (40,304 EUR per year, pre-tax.)
Fuel cell engineer (29,152 EUR per year, pre-tax.)
Digital retoucher (17,108 EUR per year, pre-tax.)
Senior risk manager (40,695 EUR per year, pre-tax.)
Resident care director (22,500 EUR per year, pre-tax.)
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