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Cyprus Eastern Forum Index » Ask Nigel A Question » Communal Fees
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Communal Fees 
Post: #1   PostPosted: Wed Oct 31, 2018 12:32 pm Reply with quote
ExSignals
Joined: 26 Mar 2014
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Location: Frenaros

 
Hi Nigel

I'm sure this has come up before, (if so apologies) but I can't find the answer in the forums.

Question: Should the calculation of each (complex) apartments share of annual maintenance and insurance fees include the internal floor area and external verandahs/balconies?


The "Law" defines the apartment area as including internal and external verandahs/balconies, but it doesn't seem to clearly define how the fees should be apportioned.

Please advise, thanks.

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Post: #2   PostPosted: Wed Oct 31, 2018 4:20 pm Reply with quote
nhowarth
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Hi ExSignals

Yes - the calculation of each unit's share of communal fees includes the enclosed area and the external areas of the unit.

Please refer to my article -
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, which includes a worked example.

Regards,

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Calculating Fees 
Post: #3   PostPosted: Thu Nov 01, 2018 6:11 am Reply with quote
ExSignals
Joined: 26 Mar 2014
Posts: 50
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Location: Frenaros

 
Thanks Nigel

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Communal Fees 
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