#23590
Jimmy-T
Keymaster

    The one thing you haven’t mentioned is how many apartments there are to share the costs.

    However, as a very rough rule of thumb, for a building with all those facilities, annual levies should be around 0.7-1.5% of the unit value.  However, an older building (more than 10 years) will have absorbed a lot of set-up costs and should have a healthy sinking fund so it may be at the lower end.

    That said, anything that is outside of even that very broad range is suspect and you might want to query where all the money is going.

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