Cyprus is a great to live and easy to relocate to. People come from all over Europe to Cyprus because of the sunshine, the wonderful Blue Flag beaches and the fact that English is spoken throughout the island.
In Cyprus they can enjoy a high standard of living at a relatively low cost. Cyprus properties are a very good investment because of all the facilities they allow access to. Private health care is excellent and there are no visa issues as Cyprus is within the EU so visitors can stay for 90 days and apply for alien registration if they want to remain for longer.
There are many different types of Cyprus properties in different locations, such as modern city centre flats, traditional Cypriot town houses and expansive apartments with sea views. These choices are always growing thanks to the boom in Cyprus development. Last year there were impressive price rises for Cyprus property, which is all freehold. The stability of Cyprus' high performing economy and strong legal system gives investors peace of mind and a feeling of security.
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Cyprus properties for sale are also considerably cheaper than in comparable destinations such as France,
Portugal and Italy. People who are not native to Cyprus can buy a plot of land or a dwelling not larger than 2676 square metres, though permission can be granted for a larger plot if a good reason is given.
Once the property has been chosen the buyer usually deposits something in the region of 1,000 Euros, which makes it a legally binding purchase agreement.
Contracts are then put together and have to be sent to the land registry office along with a written application to the Cyprus council of ministers in order to gain their approval to transfer the ownership.
After the approval is granted, all the taxes need to be paid, including the transfer tax and the annual property tax.
Cyprus residents can choose a way of life when they choose their apartment, flat or house, such as city living, beach life, or the tranquil atmosphere of Cyprus' peaceful towns and villages.
With a great range of villas, flats, town and country houses in every area from Ayia Napa to Zygi, buying in Cyprus could not be more rewarding.
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Although the island is divided buyers should know that it is possible to buy around the area known as ‘Free Famagusta’. This includes the quiet resort of Protaras which is surrounding by dazzling beaches and some of Cyprus' best nightlife.
Renting property in Cyprus – A quick guide
Cyprus properties rentals are easy to find with a large amount of short and medium-term rentals available, especially during the winter. Properties can be found by using estate agents or by looking through the newspapers. It is possible to rent luxury furnished apartments by the coast which have swimming pools and tennis courts for a very cheap price.
There is a surplus of properties available in tourist destinations like Larnaca and Paphos during the off season. Rentals are more expensive in Nicosia, and there are less of them as they tend to be snapped up by tenants quickly.
The majority of properties in the capital come unfurnished and have more than one bedroom, though everything is available as long as you have the time to look. Many landlords are willing to furnish a property, though it is worth asking exactly what is meant by furnishing as this may only include white goods such as a fridge and washing machine.
It is normal for the tenant to pay bills themselves, including water and electricity, and tenants should check whether they will be required to pay any communal charges if they are living in a block of flats.
Rent is usually paid one month in advance with one month's deposit. Tenants should carefully inspect contracts to make sure that the landlord is liable to pay for any repairs excepting fair wear and tear and that he or she is also responsible for insuring the property.
Be sure to check on the term of the lease (landlords who have furnished a property may want a two year contract to cover their expenses), how to get the deposits back, and find out whether the rent or rate of the communal charges is fixed. Tenants who do not speak Greek have the right to ask for a full, formal contract to be drafted in English. Cyprus property is good value as long as you make sure that your rights as a tenant have been protected by a contract.
Properties are available in Cyprus for a range of monthly rents, and some rates can be as low as 400 Euros for one bedroom fully-furnished apartments. Holiday lets account for most of the Cyprus rentals as so many people are drawn to the island because of the climate and easy way of life.
Long term rentals are most common in the cities and towns rather than the resorts where there is a surplus short term rental options.
It is however a good idea to check whether the apartment, house, villa or flat has air conditioning for the very hot summer months and central heating as it can get cold in winter.
The following sites are cmpanies that we have dealt with in Cyprus for buying and renting properties..
Ultra Properties Cyprus . Wide Range of
Properties For Sale in Cyprus. Say Hello to James !!
Top Properties - Online resource for Properties and Villas to rent or sell worldwide.
Cyprus Govenment Portal. Available in Greek and English.
Car Hire Cyprus: Great Car Hire in Cyprus ;-)
No one likes to drive on the wrong side of the road so we have compiled a guide of which countries drive on the left and which drive on the right so you don’t get caught out.
Most countries which were British colonies still drive on the left hand side of the road including huge land masses such as India, Australia and Southern Africa as well as the Caribbean. Europe generally drives on the right hand side apart from the United Kingdom, Ireland, Malta and Cyprus. Guyana (formerly a British colony) is the only country in South America to drive on the left.
The other two thirds of the countries in the world drive on the right including the USA, China and Russia. Canada used to drive on the left but changed to the right to make border crossings with the USA more manageable.
The reasons for these distinctions are historical. British horseback riders used to ride on the left hand side of the road, thus keeping their right arm free to offer greetings to passersby or, if needs be, draw their sword. However, in The USA teamsters used to sit on the left hand horse while driving a wagon and therefore keep their right hand free for whipping the other horses. They decided to start driving on the right so that they could see the passing wheels of other wagons and avoid collisions.
Countries which drive on the left.
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1. Anguilla
2. Antigua and Barbuda
3.
Australia
4. Bahamas
5. Bangladesh
6.
Barbados
7. Bermuda
8. Bhutan
9. Botswana
10. Brunei
11. Cayman Islands
12. Christmas Island (Australia)
13. Cook Islands
14.
Cyprus
15. Dominica
16. East Timor
17. Falkland Islands
18. Fiji
19. Grenada
20. Guernsey (Channel Islands)
21. Guyana
22. Hong Kong
23. India
24. Indonesia
25.
Ireland
26. Isle of Man
27. Jamaica
28. Japan
29. Jersey (Channel Islands)
30. Kenya
31. Kiribati
32. Cocos (Keeling) Islands (Australia)
33. Lesotho
34. Macau
35. Malawi
36. Malaysia
37. Maldives
38. Malta
39. Mauritius
40. Montserrat
41. Mozambique
42. Namibia
43. Nauru
44. Nepal
45. New Zealand
46. Niue
47. Norfolk Island (Australia)
48. Pakistan
49. Papua New Guinea
50. Pitcairn Islands (Britain)
51. Saint Helena
52. Saint Kitts and Nevis
53. Saint Lucia
54. Saint Vincent and the Grenadines
55. Seychelles
56. Singapore
57. Solomon Islands
58. South Africa
59. Sri Lanka
60. Suriname
61. Swaziland
62. Tanzania
63. Thailand
64. Tokelau (New Zealand)
65. Tonga
66. Trinidad and Tobago
67. Turks and Caicos Islands
68. Tuvalu
69. Uganda
70. United Kingdom
71. Virgin Islands
72. Zambia
73. Zimbabwe
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