See exactly where your service charge goes.
Apartment, complex and office building management. Finances, technical maintenance and legal matters from one place, with every record open to owners.
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Volunteer management fails in three places
The liability is personal
The manager is liable to the owners as an agent. A missed lift inspection is paid for personally.
Chasing a neighbour is hard
Asking someone in your own building for money is a job nobody wants. The longer collection slips, the worse the building's cash position.
The law needs following
Quorums, notarised ledgers, statutory inspections, personnel files. A decision taken improperly can be annulled years later, and we act as expert witnesses in exactly those cases.
Don't fall out
with your neighbour
Chasing service charges, serving notices, negotiating with the caretaker. Do not make your neighbour do this. Stay neighbours.
Leave the management to usEverything from one place
Facility Management
We take on the running of your building end to end: cleaning, security, maintenance and grounds are our responsibility, not yours.
Financial Management and Accounting
Service-charge billing, collection, statutory ledgers and readable income-expense reports. Every lira is on the record.
Technical Management
Heating, lifts, boosters, fire systems and electrical installations are maintained on a planned schedule, so risks are removed before they surface.
Legal Advisory
Correct, lawful answers in disputes under the Condominium Law, and in the running of assemblies and decisions.
Digital Management: NovaBina
The management platform we built ourselves. Owners follow their balance, payments, announcements and requests from their phone.
On both sides of Istanbul
Our office is in Kadıköy and we work across Istanbul, concentrating onthe neighbourhoods along Bağdat Caddesi.
Guide to condominium law
Turkish condominium law in plain English. Open whether or not you are a client. Our founding partner has been a sworn court expert since 2020.
What Is the Turkish Condominium Law?
Law No. 634 sets the ground rules of apartment and gated-community life in Turkey. Everything from appointing a manager to service charges, meetings and ledgers rests on it.
Appointing a Manager and the Manager's Duties
In buildings with eight or more independent units, appointing a manager is a legal requirement. The manager may be one of the owners or a professional company.
The Owners' Assembly, Meetings and Quorums
If notice is not given properly, the decisions taken can be annulled. The quorum calculation looks at both the number of owners and their land shares.
How Are Common Expenses and Service Charges Shared?
Not all of the service charge is split by land share. Caretaker, boiler operator, gardener and watchman costs are divided equally by law, and this is the most common mistake.
Arrears, Late Payment Penalties and Enforcement
The law sets a penalty of five per cent per month on unpaid service charges. What powers does the manager have to start enforcement, and on what conditions?
The Ledgers a Building Must Keep by Law
The decision ledger and the operating ledger are compulsory and must be certified by a notary. An uncertified ledger has doubtful evidential value.
A free survey for your building
We visit the property, establish its current condition and give you a firm quote for what you need. The survey and the quote are free.