How much does a building management company charge in Eilat, and what do monthly building dues cover?
How we set the management fee for your building and which running costs are also included in residents’ monthly dues.
ALTIT LUXURY’s management service fee starts at ₪90 per apartment per month. The fee depends on the number of apartments, the shared systems and facilities, and the services the owners’ committee chooses.
For buildings with a pool, gym, spa, synagogue, grounds that need extra maintenance or specialist systems, the proposal may set the fee as a percentage of operating expenses.
The starting price covers the management service only. Monthly building dues also cover each apartment’s share of cleaning, communal electricity, insurance and lift maintenance, among other expenses. For a building we already manage, the agreed fee is set out in its management agreement.