How to Maintain Your Property in Turkey: A Comprehensive Guide
Congratulations on purchasing your holiday home or investment property in Turkey! Now that the purchase is complete, the next step is ensuring that your property remains in excellent condition for you and your family to enjoy for years to come. Proper maintenance not only enhances your property's value but also maximizes its return on investment through rentals or future profitable sales. Here's a guide to maintaining your Turkish property effectively.
Key Aspects of Property Maintenance
Maintaining your property involves several key aspects:
Cost-Effective Property Management in Turkey
The good news is that property maintenance fees in Turkey are relatively affordable. By hiring the right company or individuals, you can get excellent value for your money. Ensure you choose a service with a proven track record in property management and maintenance. Credentials and experience are more important than a friendly demeanor.
Managing Your Property Remotely
Properties in Managed Complexes: If your property is part of a managed complex with shared facilities (such as pools, gardens, restaurants, and fitness centers), the maintenance costs are usually shared among property owners. The initial management team is often provided by the development company to ensure the complex remains attractive to potential buyers. These fees are typically outlined in your purchase contract and are proportionate to the size and type of your unit.
Private Management Contracts: Once the development company hands over the project, owners often appoint a third-party management company. These companies manage shared facilities and can also provide individual property maintenance services. Contracts are usually reviewed biennially.
Expected Maintenance Fees
Here's a general guide to the fees you should anticipate:
Exclusive Properties with On-Site Caretakers
Some high-end properties, particularly in areas like Bodrum, Kalkan, and Kas, come with large grounds and spacious living areas requiring constant attention. For such properties, hiring live-in caretakers is a viable option. These caretakers, often a local husband and wife team, manage all aspects of home care, maintenance, and security. The typical salary for such arrangements is around €6,000 per annum, plus accommodation.
By following these guidelines, you can ensure your property in Turkey is well-maintained, secure, and continues to be a valuable asset. Proper maintenance not only preserves the aesthetic and functional quality of your property but also enhances its market value and rental potential.