Main expenses:
— Annual maintenance fee (if any);
— Utilities;
— Local taxes and fees;
— Additional services.
The maintenance fee is a fixed annual amount for apartment owners in residential complexes.
It typically includes maintenance of the grounds, swimming pools, common areas, elevators, security, and management.
In Bulgaria, there are buildings without a maintenance fee, but these are more often buildings without infrastructure.
Utilities include electricity, water, internet, and television.
Payment is based on actual consumption. If the apartment is unoccupied, expenses are minimal.
Owners pay an annual property tax and a garbage collection fee.
The amount depends on the municipality and the assessed value of the property.
Additional expenses include cleaning, minor repairs, rental management, and insurance.
If the apartment is used for vacation rentals or as a backup, the main expenses are the maintenance fee, minimum utilities, and taxes.
— considering only the purchase price;
— not specifying the annual maintenance fee;
— not factoring in management costs;
— comparing complexes without considering the level of service.
