Thread: Marsa Alam
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Old 18-08-2008, 09:14 AM
thepupp1e thepupp1e is offline
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Join Date: Mar 2008
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Quote:
Originally Posted by optom39 View Post
Hi All
Just been reading the contract and have realised that the second draft says that owners taking up the rental agreement will be invoiced yearly for water and electricity. I thought these were included! Has anyone brought this up with IPI, and how much are these bills likely to cost?
Hi
We also queried this with IPI. We are in the rental agreement and we were told that the utilities charge was likely to be in the region of 10 Euros per month. Both the fixed charge and the utilities charge will be deducted from the gross rental income by the management company before it is distributed to the owners.
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