Kadıköy is one of Istanbul’s most active and liveable districts. Living in an apartment here means wanting the everyday burden taken off your hands, and that calls for professional management.
What we do in Kadıköy
- Financial management: collecting monthly charges, budgeting and reporting
- Facility management: organising cleaning, security and technical maintenance
- 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
Why management here is difficult
Kadıköy’s building stock is very mixed, from the historic apartment blocks of Moda to the new developments in Fikirtepe. On top of that sits a high proportion of tenants.
Two problems recur in buildings with many tenants. First, assemblies fail to reach a quorum, because owners do not live in the building and turnout is low. Second, there is constant uncertainty over who is liable for the service charge, the owner or the tenant.
For that reason, in the Kadıköy buildings we manage we send meeting notices through two channels, registered post and digital notification, and we keep owner and tenant records separately up to date.
Frequently asked questions
What do you charge? The fee depends on the number of units, the equipment in the building (lift, pool, generator, security) and the scope of service requested. We give a firm quote after a free survey.
Which legal matters do you handle? All matters under the Condominium Law: the procedure for assembly decisions, enforcement of unpaid charges, common-area disputes and amendments to the management plan.
How does monthly reporting work? 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.