Dear Fellow Owners,
At the General Meetings held in the complex on 09.12 and 11.12, the majority of owners, thanks to whom the reopening of Sunset Resort became a reality, once again said “YES” and supported the future development of the complex, so we can restore it to the glamorous resort we still remember. In all buildings (Alpha, Beta, Sigma, Delta, Eta, and G&H), the decisions were voted on by majorities between 54% and 62%+, except in the Family building. Of course, with Boyan joining forces with you for the moment so that you will repair all his properties and swimming pools. You and Boyan knew months in advance of these AGMS because you planned them but you didn’t inform your fellow owners and made sure it was just before Christmas with Burgas airport not even open. You really do look after owners!!!!
What this means:
It is a union of owners of all nationalities with one goal: to restore the complex, so that everyone can use their property (for personal use or rental) Where are those rental contracts you promised your members last August? Oh, will Boyan not play ball on that one? Or is it that, in order to pay Boyan’s sky-high rent for his pools (and their repair), you’ve had to set MM fees so high that you can’t give owners a decent rental return?
Facts about the management, maintenance, and MM contracts
- Fact: The Condominium regime is not replaced by the individual MM contracts. We know that, since you lack the majority for a closed complex. Only those owners who signed your contract are obliged to obey it.
- Fact: Individual MM contracts guarantee specific services and deadlines; prices and annual reports; the right to ask questions and file written objections; control, and the right to terminate it. Owners, don’t be fooled. Iva & Co have not sent out any annual reports or other documents despite promising to do so. Only if you can fly over and call to her office, which is ridiculous. But she learned these tricks from Boyan – Zero transparency. An owner can’t get out of these contracts unless he/she gets 51% of all owners in their building to agree to end it. That means it’s a lifetime contract with NO WAY OUT. And that’s a fact. Read your contract if you don’t believe us.
The two legal mechanisms work together to ensure fairness and predictability for Season 2026 and further, in the best interest of all owners, through:
- An open and operational complex Like last year? Will owners have to clean the one pool you opened? Is that part of your contract? €22psm and you need to be on site to roll up your sleeves and lend a hand.
- A team on site, real work, and personal meetings with owners The true definition of a working holiday.
- A plan with the institutions for individual electricity/water connections What does this direct connection tell us, the owners, given that billing is done directly through EVN for electricity and Vik for water? Is this the case, or is it direct billing to Iva & Co.? Be transparent about this and inform your fellow owners.
What is a “gated residential complex” (under the Condominium Law)
(amended – SG, issue 82 of 2023, effective 29.09.2023) “Gated residential complex” is a complex, set aside as a separate regulated land property, in which one or more residential buildings have been built in a Condominium regime and other objects and facilities for common use by the owners, users, and residents, subject to requirements for controlled access for strangers.
Important: Owners, their families, and their guests are NOT “strangers” in the complex. Access control applies only to strangers who do not own properties in the complex. But will it apply only to strangers who do not own properties in the complex? Or will owners who are in dispute with the management company be allowed access to their apartments under these rules? Will they be denied access to the lifts? A small group of owners decide who comes and goes and who has access to utilities!!!! That’s a dictatorship. Owners, do not be fooled.
On Article 51 of the Condominium Law (an imperative provision)
- Fact: Invoking Article 51 is not immunity from legal action. Sure, we know that. Anyone can take anyone to court. Isn’t that the reason you instructed Manol (aka Boyan) to take those owners in Alpha to court. Well, let’s wait and see who is right. We know it’s IVA & Co. who are behind these cases, not Boyan. This is what your fellow owners are at, sneaking around behind owners’ backs, plotting and scheming under the guise of helping owners. We are not fooled.
- In the event of a dispute, the court assesses the applicability of this right to the specific case, based on evidence (not on “correctly/incorrectly invoked” application). Evidence? That owners stayed in their apartments more than 30 days? That will be interesting. The High Court has already ruled on that, but let’s wait and see.
Our commitment and responsibility:
We are owners just like you. We make promises, and we fulfill them with real on-site work with a focus on service quality and owners’ peace of mind. Yes, as long as they pay for other owners’ properties, sign away all their property rights, and sign your slave contract without knowing why. That’s because you have the contact details of all owners – which we don’t – and which you were given illegally.
SRIOC wishes all owners a very Happy Christmas and a Peaceful New Year. Take care of yourselves over the festive season.
We will be back in touch in mid-January to bring you up-to-date with any news that comes our way.