No. You are not required to invest additional money for regular property maintenance.
How maintenance costs are handled
On PRYPCO Blocks, maintenance costs are planned for upfront and managed throughout the investment term.
In line with PRYPCO Blocks’ Terms & Conditions:
A reserve fund is included as part of the transaction costs at the time of investment
This reserve is used to cover ongoing maintenance expenses related to the property
Any unused amount from the reserve fund is refunded at the end of the investment term
If maintenance costs are incurred, the reserve fund is replenished from rental proceeds to maintain the agreed balance
This structure helps ensure maintenance is handled smoothly without requiring additional capital from investors.
What about major maintenance expenses?
As outlined in the Terms & Conditions:
Any single maintenance expense exceeding 5% of the property’s original purchase price requires investor approval through a vote
Maintenance expenses below this threshold are considered pre-approved and handled through the reserve fund
This ensures transparency and investor involvement for material decisions.
Property management
PRYPCO Blocks typically works with third-party property management and maintenance providers to handle repairs and upkeep on behalf of investors, reducing the operational burden of traditional property ownership.
💡 Important to know
Routine maintenance does not require additional investment
Major expenses are subject to investor voting thresholds
Maintenance arrangements are governed by PRYPCO Blocks' Terms & Conditions, which can be reviewed here.