If you are considering purchasing a Spanish property you should always find out what the community fees are if the property is in a complex or resort.
Community fees are payable to cover the cost of maintaining communal areas such as a swimming pool, gardens, and cleaning of communal areas.
The fees are set each year at the AGM for the community. The residents committee and administrators will put out to tender the contracts for the maintenance to get the best deal, A budget is then agreed which will then determine the fees that each property will pay to pay.
If there is 24-hour security on the resort the fees will be more expensive.
Example fees for a 2-bed apartment with pool are approximately 50 euros per month however if a golf resort property with 24 hour security the fees may be approximately 150 euros per month.
As community fees can vary it is important to find out what they are before agreeing to a purchase as it is important that they are within your monthly budget as there is no point having a property that you cannot afford to visit.
For more information about buying Spanish property safely contact us now at www.chersun.com