Yes audited accounts are needed for any management company and €250 does seem on the low side. As it is a small development though, I am guessing you don't have an lift or gates that require maintenance. Have you a copy of the accounts to date? You can request them online from the CRO if they have made returns. That would give you a reasonable idea of what to expect as the requirements should be fairly similar. For reference my apartment is in a development with about twice as many units, all own-door, no lifts, no gates and my charge is about twice yours. What fees cover varies from place to place, so it isn't possible to provide a definitive list of what they will/should cover. Another thought, have you spoken to the management agent? They should have an informed view of what any likely increase would be.