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Maintenance of common parts

Posted by Admin on November 13, 2018
| 0

The common parts of a property in Bulgaria include the stairs, land, the foundations, the exterior walls and gables, the roof, the internal walls dividing the apartments, all pipes, cables and wires for services, phones and guttering, the common entranceway and passages.

In Bulgaria there are around 30 maintenance companies that are a member of the professional Bulgarian Facility Management Association. Several of these companies can have private contracts with tenants. It is very common that these companies are divisions of investment companies, dealing with real estate or construction.

The Condominium Ownership Management Act (COMA) regulates the public relations related to the management of common parts of buildings under condominium ownership arrangements.

Foreign property owners can engage companies for maintenance and management to perform internal organization of the building, pay the bills on their behalf, collect payments from owners, etc.

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