We manage six apartment buildings and complexes in Feneryolu. The oldest of them has been with us for 8 years. This page describes our experience in Feneryolu, the properties we manage and what you should expect from a management company.
Why continuity matters in management
The value of managing a building for years shows less in individual jobs than in the accumulated record. When a manager changes, the first thing lost is usually the history: which maintenance was done and when, on what terms staff are employed, who holds which owner’s proxy, which decision was taken at which assembly.
The Condominium Law makes keeping these records the manager’s duty. The manager writes assembly decisions, a summary of notices and the expenses into the ledger, keeps the documents and has the ledger closed at a notary every January. In a dispute, the decision ledger is the first document a court asks for. How the ledgers are kept is explained in The Ledgers a Building Must Keep by Law, and the manager’s duties and liability in Appointing a Manager and the Manager’s Duties.
Working with the same team year after year means these records are kept without a break, and owners are not asked to answer the same questions again each year.
Our services in Feneryolu
- Financial management: collecting monthly charges, budgeting and reporting
- Facility management: organising cleaning, security and technical maintenance
- Staff management: the caretaker’s social-security notifications, payroll and working pattern
- Legal advice: handling matters under condominium law
- Transparent reporting: monthly income and expense statements sent to every owner
- Meetings: convening assemblies and following through on decisions
For the scope of each service see Financial Management, Facility Management, Technical Management and Legal Advisory; for the portal owners use, see Digital Management.
Assemblies and decisions
The owners’ assembly meets at least once a year, in the first month of the calendar year unless the management plan sets another time. The quorum looks at both the number of owners and their land shares, and decisions taken after an improperly convened meeting can be annulled. The detail is in The Owners’ Assembly, Meetings and Quorums. In the buildings we manage, the notice, the quorum calculation and the ledger entry are prepared according to these rules.
Nearby areas
Feneryolu is in the Kadıköy district, where our head office is too (Fikirtepe). For other areas see Kadıköy, Moda, Göztepe, Caddebostan, Fenerbahçe and Fikirtepe.
Properties we manage in Feneryolu
We manage the properties below: income and expenses on record, decisions taken at properly convened assemblies and maintenance tied to a calendar.
- Ağaoğlu Cadde Burç Sitesi
- Ağaoğlu Derya Apartmanı
- Murat Apartmanı
- Feneryolu Sitesi
- Sefa Apartmanı
- Sera Apartmanı
Frequently asked questions
Which buildings do you manage in Feneryolu?
We manage six properties in Feneryolu: Murat Apartmanı, Feneryolu Sitesi, Burç Sitesi A Blok, Sefa Apartmanı, Sera Apartmanı and Celile Harun Apartmanı.
How long have you worked in Feneryolu?
Our longest-standing client in Feneryolu has worked with us for 8 years. Our head office is in Kadıköy as well, so we are close to the area.
How is the management fee set?
The fee depends on the number of units, the equipment in the building (lift, pool, generator, security) and the scope of service requested. We visit the property for a free survey and then give you a firm quote.
How do owners follow the finances?
Income and expenditure are prepared digitally. Owners can see their own balance and the building's income and expense statement at any time through NovaBina, and a monthly statement is sent to every owner.