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Monthly Returns

Monthly fees paid by residents of residential complexes, why do you think?

Last Updated: 2023-07-27
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Monthly Returns

Residential complexes are considered one of the finest and most important properties in Turkey, and everyone wants to buy an apartment  in one of the residential complexes  due to the wonderful specifications enjoyed by the apartments in these  residential complexes and one of the  most common things about the idea of settling in one of the residential complexes in Turkey is the monthly revenues that are paid

 

What are the monthly revenues paid  in residential complexes in Turkey?

A set of periodic fees and amounts collected from the residents living in the residential complex for the various basic and recreational services provided by the residential complex such as security, safety, cleanliness, fees for gyms, swimming pools, delivery and heating.  

 

How is the value of the monthly revenues paid in residential complexes determined?

In accordance with Article (20) of the Floor Property Law, the proceeds are distributed as follows (50%) for staff, (25%) for periodic maintenance work, and (25%) for administrative expenses in the residential complex. The monthly revenues in the  residential complex are divided in this manner regardless of the value of the revenues


What services are provided in residential complexes, which residents have to pay as monthly returns?

  1. Security and protection "various security devices distributed throughout and around the residential complex"
  2. Delivery services "inside and outside the residential complex"
  3. Recreational services "everything related to parks, playgrounds, entertainment and entertainment centers"
  4. Multiple gyms and swimming pools "and all related maintenance, equipment and logistics services"
  5. Cleaning services "cleaning the stairs and various facilities in the residential complex"
  6. Heating of all kinds is central or electric
  7. Water, electricity, telephone and internet bills
  8. Elevators

The services provided vary according to the residential complex.

 

The importance of monthly revenues paid in residential complexes in Turkey

The residential complexes receive the amounts of monthly revenues in the complex to cover the various service expenses, and the residential complexes use a real estate company to supervise and secure various services, and  therefore the real estate companies provide the various services required and secure the necessary resources, and carry out the necessary maintenance work in order to upgrade the residential complex and also use the  monthly revenues to  develop the
service facilities in the residential complex and update them constantly and improve the standard of living in the complex


The importance of residential complexes in Turkey

The residential complexes, with their various services and facilities, are considered one of the successful residential and investment options in Turkey, where the residential complexes are considered to have  a great deal of sophistication and service diversity, as well as all living requirements at the highest level, as well as the natural elements enjoyed by the various apartments in the complex, such as the ideal location and close to the centers of work and life, main roads and modern means of transportation, not to mention the stunning views and good ground for tourism and real estate investment operations, from selling, buying and renting


The areas of   investment in the world of residential complexes in Turkey vary, and it is one of the best options that tourists and residents resort to to enjoy the elements of a healthy and high-end life, and the real estate investment process in residential complexes in Turkey has achieved  wealth and huge funds for its investors.

 

 

Editorial Mersat Real Estate Team© 

 


Last Updated::2023-07-27

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