Quote:
Originally Posted by grays4u
my deveolpment is 250 units 2 swimming pools and gardens recieption 24 hr sercutity and may facilities and i said £200 per year next door same builder same spec but uk agents £600. Also i would have thought that security, lighting, street cleaning and maintenance of public areas was the resposibliity of the council and would be charged seperatly.The management compant set up will take say 150 units at £500 per year thats £75000 per year.thats a lot of money in egypt
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Thanks for the extra info - are selling at about the same sort of price per apartment - if so then either you have underestimated the likely costs or there is some serious over charging - maybe the correct fee is somewhere in between - what are you telling your owners about increases if you get the costing wrong after a year or two.
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