It is known that real estate prices in Turkey differ from one region to another, and differ in the same region from one property to another, whether this property is for sale or rent. The reason for this difference is due to several factors, whether it is the size of the property or the type of property, or investors in Turkey usually want, By purchasing apartments within luxury residential complexes, which are characterized by basic services and additional services in order to ensure the well-being of the residents of the complex, and this entails the collection of monthly fees from the apartment owners for these services provided, called (returns).
Revenues: are fees paid on a monthly and periodic basis to the management of the building or residential complex, in exchange for certain services (heating, cleaning, maintenance, security, gyms and other facilities and services) provided by the management of the architecture or complex, and these fees are applied in all countries of the world, not in Turkey Just.
How is the value of revenue determined in Turkey?
The expenses of the residential complexes were determined based on the above-mentioned operating project, and if there are no special provisions mentioned in the complex management plan, in this case the division of proceeds is determined according to Article 20 of the Floor Ownership Law.
How is the value of revenue determined in Turkey?
The expenses of the residential complexes were determined based on the above-mentioned operating project, and if there are no special provisions mentioned in the complex management plan, in this case the division of proceeds is determined according to Article 20 of the Floor Ownership Law.
Where the relative distribution of returns is determined as follows:
50% of the staff.
25% for energy and maintenance resources.
25% to manage the complex.
These percentages do not differ regardless of the size of the complex, the number of independent parts in it, or the diversity of the facilities of the residential complexes and their public or social services, such as sports clubs and health facilities.
How much are the monthly returns?
The fact is that certainty with a specific or approximate number is not possible because the returns differ from one state to another, even in the same state they differ from one region to another, and the geographical location and its proximity to transportation, vital centers and services provided by the complex all of these factors play a role in determining the amount of returns Therefore, it is not possible to specify an amount and be a measure of the required amount.
Person required paying royalties:
The person responsible for paying these returns varies according to the condition of the property, whether it is rented or not lease.
The person in charge must pay the proceeds on a monthly basis to the administration of the complex
Late Payment of Returns:
As we mentioned previously, in order for a person to benefit from the services provided by the complex to its residents, he must pay the amount of the proceeds on a monthly basis, and he does not have to default in payment. :
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Financial fine for paying an additional amount due to late payment of the due returns
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Preventing the owner of the property or the tenant of the property, in addition to his family, from benefiting from the full services in the complex
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File a lawsuit against the landlord or tenant defaulting on paying the value of the monthly returns.
All of these procedures can be carried out by the complex’s management, so Acuad recommends that you commit to paying the amount of the proceeds from the property periodically so that you are not in a position of responsibility.