MsGinger said:We paid €1900 last year for large 2 bed in Santry, this year it's going up to approx €2300.
That sounds fairly pricey, even at €1,900. What is driving the €400 increase?
I suspect that just looking at the management fee without looking at what's provided and what the annual budget is may be a bit meaningless.
Not really. For example (a) you can decide whether or not to buy in an area that requires private management fees and signing the requisite management company lease agreement/covenant and (b) owner occupiers are normally shareholders/members of their management company so have the power to influence how things are run.A management fee is a form of legalised theft as far as I'm concerned.
Not where somebody decides of their own volition to buy in a development where this is not the case.Point taken ClubMan. But arent the local authority supposed to take care of lighting and estate maintenance?
Depends on the development. With some developments private management is a long term/indefinite term plan.but should the county councils be 'taking over' the management of these estates within a few years of completion - or at least the common areas? I thought that waspart of the deal with developers - that they will get their bond back when it's taken over so that they don't just leave a development without completing it properly
but should the county councils be 'taking over' the management of these estates within a few years of completion - or at least the common areas?
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