DOCUMENT INTRODUCTION Since the 1st January 2022 there has been a large increase in communal charges arrears from €33’493.41 to €39’464.85. During the same period there has also been a significant increase in the cost of electricity. This has led to a situation in which our Property Managers JBCM and our owner’s representatives have no choice but to consider significant cost cutting measures unless those owners who are in arrears now pay their overdue invoices. As at the 1st November 2022 the communal charges arrears for Konia Village 3 amounted to €39’464.85
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