Complete newcomer to being a Spanish property owner

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01 Oct 2008 00:00 by astelle Star rating in Shaw. 14 posts Send private message

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Hi, you all seem really knowledgable reading the threads about communidads etc. I have a basic knowledge of the process but I am virtually ignorant of lots of the detail. I bought a property last May and as yet the developer has not signed over  (or whatever he has to do) for us to set up a communicadad. What I need to know is :
What can we be charged for?  
What are the usual fees charged?
I'd be grateful for any information.

Thanks Astelle


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Astelle



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01 Oct 2008 23:07 by Roberto Star rating in Torremolinos. 4534 posts Send private message

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You will be charged for your share of any shared expenses for services such as cleaning communal areas, gardening, pool maintenance etc., lift maintenance, electricity for lifts and communal lighting (stairs & corridors, for example), building insurance if you are in an apartment building, etc.etc.
When the property is officially handed over by the developer, an adminsitrator is normally appointed, who will work out an annual budget for all these kind of expenses. Your share of the budget will be calculated according to the coefficient (%) stated on your esctritura (deed).
As for how much you will pay - how long is a piece of string? It all depends on what facilities the community has, and between how many properties the cost will be divided. Some members here pay low charges, maybe €30 per month. Others may pay 10 times that!

Welcome to the forum, hope you find all the answers you need here. Who's the puppy? Real cute!

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04 Oct 2008 20:32 by promedia Star rating in Cheshire/Riviera del.... 131 posts Send private message

If you have a look at golfgardensmiraflores.co.uk you can have a look at the AGM tab and read what went on at our last meeting and also the budgets we put together for the running of the community. For your interest we are a community of 60 apartments

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05 Oct 2008 13:09 by astelle Star rating in Shaw. 14 posts Send private message

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Thank you for your replies I have found them very useful.

The puppy is my dog Belle

Thanks again

Lynne


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06 Oct 2008 16:00 by Roberto Star rating in Torremolinos. 4534 posts Send private message

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Belle Astelle?

Who's Lynne?



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