News: Residential communities on the Costa Blanca in Spain
Written by Inmo Investments - 6 Jun 2017
The role of the community administrator in Spain
and community costs, fees, and charges
Have you ever wondered what a residential community in Spain actually is? Do you know what the community administrator does? And do you know why community fees in Spain have to be paid?
In Spain properties that share central facilities, like a swimming pool, are usually arranged in residential communities. The communities are customarily established by the property developer responsible for the contruction of the properties on the community.
The community is managed by the community administrator - a legal entity, usually a business specialising in the administration of residential communities in Spain, responsible for the maintenance, upkeep, and everyday security of the community.
They will arrange for the community swimming pool to be cleaned and maintained in good working order, for the communal gardens to be tended to, and for community owned fixtures and fittings to be serviced, decorated, repaired or replaced. They appoint local contractors to carry out work required within the community.
A community administrator might also arrange for shared bills to be paid automatically, for instance to cover the cost of running a communal swimming pool, to ensure that the community areas are adequately insured against risk, or perhaps for electricity charges associated with automatic security gates or lighting community areas.
The administrator will set up the community and manage it as a limited company, collect the community charges required to pay for the shared costs of the community from residents within the community, and arrange for payments to be made from the centralised funds.
Each year the administrator invites all Spanish community residents to an Annual General Meeting. Property owners are invited to inspect the annual accounts, raise grievances, or make suggestions for expenditure in the year to come.
Owning a property that is part of a residential community in Spain can be beneficial in many ways, particularly when it comes to finance.
The communal swimming pool often provides a much larger pool at a fraction of the cost of running a private pool, and sharing the cost of repairs and servicing between other property owners can significantly reduce the long term cost of ownership of a property in Spain.
Communities tend to be focused on security and providing a safe and family-friendly environment for all, and secure gated communities that restrict entry to key holding residents are very popular today.
Community properties in attractive locations often offer great investment potential for their effortless rentability, and can be locked up and left for long periods safe in the knowledge that the property is secure.
Looking for your ideal home in Spain, click here to view our portfolio of high quality Costa Blanca properties now.
Apartment - Resale - Lomas del Golf
Spain - Costa Blanca South - Villamartin89.995€
Fantastic south facing corner ground floor apartment located in a quiet area of Lomas Del Golf within walking distance to Villamartin plaza and bus stop.Comprises sunny front garden,terrace area,good size lounge with american style kitchen,separate utility room,2 bedrooms master with doors on to the rear garden which overlooking the communal garden,refurbished bathroom with walk in shower.Fantastic price !100 2 1
Town house - Resale - Ciudad Quesada
Spain - Costa Blanca South - Ciudad Quesada115.000€
This superb, end of terrace, town house for sale in presented in excellent condition and has been maintained to a very high standard. The property offers a spacious 2 bedroom, 2 bathroom and 1 toilet accommodation distributed over two floors with a large private solarium on the roof with commanding views over the landscaped garden, beautiful communal pool complex then to the salt lakes and the sea. The property takes full advantage of the south facing aspect giving rise to an overall...86 120 2 2
Villa - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses179.995€
Fantastic south west facing semi-detached villa located in the prestige area of Los Dolses within walking distance to Zenia Boulevard commercial centre. Comprises good size sunny garden with room for a private pool, terrace area, good size lounge, separate kitchen, 3 double bedrooms (master with terrace), 2 bathroom, communal pool, off road parking. Fantastic rental potential.120 250 3 2
Villa - Resale - Ciudad Quesada
Spain - Costa Blanca South - Ciudad Quesada349.000€
This superb, modern style detached villa is presented for sale in perfect condition and has been maintained to a very high standard.The property offers the very popular “ultra" modern design, with 5 bedrooms and 3 bathrooms distributed over three levels, complete with a large glass panelled solarium on the roof. The property takes full advantage of the contours of the land. Entrance to the main property is at road level, via a private drive with an electric gate and a personal entrance gate...165 225 5 3
Villa - Resale - Altea
Spain - Costa Blanca North - Altea
Outstanding villa for sale in Altea. Located on a beautiful quiet residential area, it has 70 m2 of terraces facing South with amazing sea views. This fantastic property is distributed over two floors, the main floor boasts a large living-dining room of 52m2, an independent kitchen with direct access to the parking area and sun terraces , master bedroom with bathroom ensuite plus a second bedroom with guest toilet. On the low floor there is a second living room with open plan kitchen, two...350 1.416 4 4
Apartment - Bank repossession - San Pedro
Spain - Costa Calida - Murcia - San Pedro64.400€
Centrally located apartment in San Pedro del Pinatar, Murcia , situated on the first floor. The apartment offers 55m2 of living space and comprises 2 bedrooms with fitted wardrobes, bathroom, lounge, dining area and kitchen (in need of installation) Renovation and completion works are needed but the apartment offers a spacious, light outlook. Secure, closed complex with lift access, communal pool and childrens play area. All amenities on the doorstep and a 5 minute drive to the beaches of...55 2 1
Penthouse - Resale - Algorfa
Spain - Costa Blanca South - Algorfa79.995€
Superb penthouse for sale situated in Fontana I, a secure and gated community in the Spanish town of Algorfa . The apartment briefly comprises of two bedrooms, family bathroom, open plan lounge and dining area, American style kitchen and separate utility area. A spiral staircase from the large terrace leads you to a private roof solarium with views to the village and surrounding countryside. The community itself includes lift access and has a fantastic communal pool and offers the...75 2 1
Villa - Resale - Ciudad Quesada
Spain - Costa Blanca South - Ciudad Quesada
A beautifully presented large detached villa for sale in the centre of Cuidad Quesada town. The property offers a total of 4 double bedrooms, 4 bathrooms, and 3 open plan kitchens. The ground floor features a storage room, a conservatory, and an impressive living room and dining area, whilst the first floor offers additional accommodation including a snug/cinema room, and a lounge area with access to a sun terrace with panoramic views to the salt lakes. The villa boasts a...353 792 4 4