Real Estate in Turkey. Aidat and Maintenance of Residential Complexes
If a residential complex has more than 40 apartments, one apartment is never sold and used for the needs of the complex. Usually, the concierge lives in such an apartment without paying for the rent, water, and electricity. In this case, the complex covers all the utility bills.
In some of the complexes, the concierge rents an apartment. The received income covers expenses on invited specialists who take care of the amenities.
Therefore, the Aidat amount directly depends on the residents' requests, and the quality and volume of service they want to get in their complex.
Aidat in apartment complexes with hotel-like infrastructure is very high and amounts to hundreds of Turkish Lira. While in complexes with basic services, Aidat is reasonable within the limits of 30 or 50 Turkish Lira.
TYPES of AIDAT IN TURKEY
- a monthly Aidat;
- a special target fee or Demirbas Aidati in Turkish.
A monthly Aidat is charged every month for all the current expenses for the apartment complex.
Demirbash Aidati is raised if you need to do some significant repairs, to buy new equipment or make major improvements to the complex area or building. In this case, the owners' meeting or the management company will determine the amount of this targeted fee.
You should know that either the owner or the tenant have to pay the monthly Aidat. While the target fees are paid by the owner only.
According to the law, there must be DIFFERENT bank accounts for the monthly and extra Aidat.
DO YOU HAVE TO PAY AIDAT IF YOU OWN A STAND-ALONE VILLA OR A HOUSE? NO, in this case, you do not have to pay Aidat, but obviously, all the care of your property rests entirely on your shoulders.
When deciding on property purchase, always ask about the Aidat amount: it will be your monthly expense regardless of whether you live permanently in your Turkish apartment or stay there on an occasional basis.
WHAT IF YOU DON'T PAY AIDAT ON TIME?
Under the Turkish Property Rights Act, if the payment is overdue, the management company is entitled to charge you extra fees and fines of 5% of the delayed amount.
WHAT IS YOUR RISK IF YOU DO NOT PAY FOR A LONG TIME? The common practice in Turkey is that in case you do not pay Aidat for three months, the management company or the manager has the right to take your case to court and start the legal process of debt recovery.
If you do not pay your debt by the judiciary decision, you may be obligated to sell your property by court order to cover your Aidat debts.
You can pay Aidat in two different ways.
The first option is that you can pay it in cash to the complex manager. Make sure the manager issues the receipt himself, and not the concierge or the gatekeeper. This will help you avoid unpleasant queries and situations in the future
The second and most reliable option is to pay Aidat by money transfer to the bank account of the managing company. You can perform the payment in Turkish Lira to the account in Turkey, and in foreign currency from abroad, if the managing company has such an account.
When making the payment, identify the purpose of the payment in Turkish or English, and do not forget to indicate the number of your apartment or villa, your name, and surname. This is of paramount importance if you delegate someone else to pay your Aidat.
Please remember! Do not make payments to the personal account of the complex manager or his acquaintances. All payments must be made to the bank account of the officially invited managing company.