Tricky wrote:I have one bedroom apartment in Peyia the only facilities are a communal pool and a small garden area (approx 2m x 20m). The developer is charging 900 euros pa for the maintainance. At the moment I am refusing to pay due to (a) I think it is to much, and (b) they will not issue a bill or receipt.
How does this compare to others ?
Ps, there are 40, 1 and 2 bed apartments, I think the 2 beds are being charged 1200 euros pa.
There is a large Developer here in the East that has used the same type of 'contract' to lock people in to a nice little earner for him for years, and in a few cases I know of personally refused keys without signing with their maintenance.
But unless any of you own title deeds the Developer is the legal owner, so it is the responsibity of them to maintain the building etc but go thru an independent lawyer and get him/her to get a breakdown of costs etc
This link is the official regs if you scroll down a ways, you will though lose the will to live reading it
http://www.cyprus-property-buyers.com/f ... gs-law.pdf
One solicitor in Limassol successfully got a management committee registered who did not have their deeds at all, they, the residents had also been fleeced by their Developer on communal charges, so maybe things are slowly changing in favour of the residents. But be warned non payers are in breach so please get an independent lawyer onto this rather than just ignoring payments. It may well work against you even though your payments might/are far to high. Good luck