Maintenance fee, aka the fee for service is paid annually by homeowners, the amount for the management of the building and grounds of the complex. Usually management is the maintenance of cleanliness in the building and on site, working lights and Elevator, repair of the communal areas, pool maintenance, lawn care and greens, live security and video surveillance.
Size maintenance fees depends on many things. The main parameter is the type of building and number of services provided. The Specialists of Property Format Ltd., based on my professional experience, there are 4 types:
Ordinary residential building, no maintenance fees and no management company
There are positive exceptions, but most of these buildings – a sad sight. While the new house it does not so often need repair and maintenance. But usually it starts small. In the beginning, the property owners refuse to use a lift after cease to take care of the common parts of the building – staircases and entrance. After you receive the first demand for light cosmetic repairs, which not all property owners agree to collect a small amount. Next is on the rise – requires basic repair and if you just stop to care for the building, the liquidity available apartments in this house will fall much and they will simply become unsaleable.
The usual house with the type of the condominium or with a minimal maintenance fee
In this case, there is a small fixed or floating tasks, the amount of which is annually paid by the owners to operate the lift, lights in common areas and washing floors in the stairwell. Standard residential homes, completely missing the landscaping and the outdoor area, so the maintenance required is minimal. Therefore, maintenance fee can range from 50 to 150 euros per year. In need of repair, the amount of the expenses is collected separately upon decision of the General meeting of owners.
Resort complex with a fixed maintenance fee
Of course, the resort property is clearly the leader in fact provided facilities and services in the complex. Beautiful gated community, well maintained building and common areas, friendly staff, the Playground, pool, SPA-center, video surveillance and security – all this affects the size of the maintenance fees.
There are a number of tourist complexes, in which the maintenance fee is fixed. For example, in a luxury complex green life in Sozopol maintenance fee is fixed by the type of housing and is for Studio 600 euros, 1 bedroom apartment – 720 Euro per apartment 2 bedroom – 960 euros. And, for example, in the arena complex in Sveti Vlas maintenance fee regardless of the size and type of the apartment is 500 euros per year.
Resort maintenance fee per square meter of housing
This kind of maintenance fees is the most common. The most common size of fees varies from 7 to 15 euros per square meter of the total area of Your property. For example, if the maintenance fee is 10 Euro per sq. m. and area of the Studio 30 sq. m., the total amount of taxes equal to 300 euros per year.
For more detailed information, please refer to the specialists of Property Format Ltd. We will gladly advise You on each property and its maintenance fee, let's say my honest opinion about the surrounding infrastructure and share the rating of management companies.
Bulgaria
