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Complex / Association Management

        Buying a house or apartment in Bodrum often means that you become part of an officially organised Community of Owners. As the proud owner of this property in the Complex you have automatically become part of this community. The upkeep and value of your property will depend largely on the efficiency of the Community of Owners.

        The purpose of the Community Management is to ensure safe upkeep and good maintenance of the common grounds of the properties for the benefit of all owners. There are laws and bylaws which pertain to the setting up, running and statutes of the Community.

        It is sometimes difficult to see what goes on in the background but the management of a community involves so much more than you can see on the surface of the general maintenance. MRT PROPERTY MANAGEMENT is hired by and reports to the Board of Directors of the Association and assists them in the effective management of the Association. Because the Directors are elected by the homeowners to work in their best interests, MRT PROPERTY MANAGEMENT services are designed and implemented with that objective in mind.

Community speaks your language.

         Since many British and other foreigners have become home owners in Turkey and especially in Bodrum, a lot of English speaking people have become involved in these Communites. In some cases there are more English speaking owners than native Turkish. This has led to some modifications in the law concerning the running of such bodies. Pressure has come from the fact that most English speakers have little or no knowledge of the Turkish Language. Whereas previously meetings were held in Turkey, with Turkish Minutes and sometimes with and English translation for information, a majority vote can now result in the meetings and minutes being in English (or another voted language).

         In any case, if you buy in an area where there is already a high percentage of British and other English speaking home owners, you will probably have most information provided in English. As an owner, you obviously want to be well informed of problems or improvements and a Community News Letter is an excellent way to keep you in touch. This luxury does not usually come free. Although some members of the Community may volunteer to help, there are always printing, translating costs, etc. Since ultimately the Community has to abide by Turkish laws and any information for the authorities or legal matters for courts, will have to be presented in Turkish and results relayed back into English for information. The Community will have to foot the bill and you will pay your portion in your Community Fees.

Going Native

         Depending on your outlook and reasons for buying a property, you may revel in the idea of becoming part of a very Turkish Community. If you have an interest in integrated into Bodrum life, this is a great opportunity to meet your Turkish neighbours and learn the language. The Turkish community meetings tend to be attended by few (unless there is a burning issue to be resolved) and the few who attend will no doubt do a lot of talking, giving you a wonderful chance to attune your ear to the wonderfully colourful Turkish spoken in the Bodrum accent!

Community Fee's

         If there is a Community of Owners you will pay Community Fees (Aidat) that are charged quarterly, monthly or half yearly. The fees can include charges for such things as:

         The normal way to pay your Community Fees is to pay for 1 year upfront to save transfer fee's. It is worth noting that you must always be sure to leave funds in the account you elect for this payment (and probably for your electricity, water, etc.) to avoid problems of non payment. The Community will normally send out a list of anyone in arrears with their Community Fees to all owners, with the notice of the AGM. Failure to pay can lead to legal action being taken against you.

Town Hall Taxes

         Although you pay the Community for a certain amount of upkeep in the immediate vecinity of your property, there are still fees to be paid to the Town Hall and other authorities for infrastructure. Some of these Town Hall charges include:

         It is advisable to have all these Town Hall charges paid through your bank account, as each one comes in at a particular time of year, when you may not be in Turkey. Fines are normally levied for late payment and sometimes there is even a discount offered for early payment by Standing Order.

The Community should benefit the value of your property

         In light of the fact that you also pay for these municipal services, you may think that the Community is somewhat superfluous, but the Community usually works well to keep the standards high in and around the immediate vicinity of your Turkish property. This, in turn helps to maintain one of the most important factors for the future - the value of your home.

         Both part and full time residents in Bodrum can benefit greatly from a property management company that takes care of any task that might arise in relation to your Turkish residence. Services offered are especially helpful for those lacking the linguist skills necessary to locate assistance, negotiate fees and then manage help.