If you buy a property within a complex with shared facilities, such as communal swimming pools, gardens etc., you will probably be liable for an annual fee to cover the maintenance of these facilities. This may be charged by the developer of the property or by a management company appointed by the developer or by a homeowners' association.

This obligation should be apparent when you purchase the property although an annual fee may not yet have been fixed.

Other Links

• Price and Payment Terms
• The Cost of Purchasing and On-Going Expenses
• Approval of the Council of Ministers
• Specific Performance
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• On-going expenses
• Maintenance charges
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• Inheritance Tax
• Selling your property
• Capital Gains Tax