Annual Levy                                
 

Annual Levy

The annual levy covers the following expense items:-

1.Fire insurance on the buildings                                                                        €   2,400
2. Security                                                                                                            €   8,800
3. Garden maintenance                                                                                       €   1,120
4. Pool Maintenance                                                                                           €   1,960
5. Outside building service                                                                                  €  1,120
6. Roof service once a year                                                                                €     350
7. Health and Public cleaning maintenance requirement                                   €  5,000    
8. Administration fee                                                                                           €  3,360
9. Sundry items                                                                                                    €     700 

                                                                       Total          €  24,810 per year
 

This amounts to € 25 per square meter per year. (24810 ũ 981,33 being total mē) Therefore, you are able to calculate the annual levy attached to which ever apartment you maybe interested in buying.

Example: 
Apartment 11 with total square meters of 65,46 x 25 = 1,636.50 ũ 12 = €136 per month