Buying in Paphos area
Buying in Paphos area
Hello,
I'm in Canada and will be visiting Cyprus in May. I've been looking at 2 bedrooms apartments for sale (resale) that also have good rental value.
I do prefer quieter areas with nice landscaping. Peyia seems lovely but a bit far from the airport. I also like Mandria and Anarita. Any feedback or recommendations?
I have found a lawyer who I will be meeting while I'm in Cyprus.
Can anyone recommend a reputable building inspector (surveyor)?
I haven't had much luck in that department.
Lastly, I'm an EU citizen (Greek). Would I be able to rent the unit short term or would I be restricted to long term only?
Thank you for your help!
I'm in Canada and will be visiting Cyprus in May. I've been looking at 2 bedrooms apartments for sale (resale) that also have good rental value.
I do prefer quieter areas with nice landscaping. Peyia seems lovely but a bit far from the airport. I also like Mandria and Anarita. Any feedback or recommendations?
I have found a lawyer who I will be meeting while I'm in Cyprus.
Can anyone recommend a reputable building inspector (surveyor)?
I haven't had much luck in that department.
Lastly, I'm an EU citizen (Greek). Would I be able to rent the unit short term or would I be restricted to long term only?
Thank you for your help!
Re: Buying in Paphos area
We are UK citizens.
We own two properties in Tala, which of course we thing is the best area!
One we rent out long term to a British couple and the other we use for holiday rentals and we have a tourist board license for the latter.
We own two properties in Tala, which of course we thing is the best area!
One we rent out long term to a British couple and the other we use for holiday rentals and we have a tourist board license for the latter.
--
J B
J B
Re: Buying in Paphos area
Hi JB!
I like Tala very much and I've read good things about the area :)
If I understand correctly, I would need a license to rent out short term?
I believe short term is less than 30 days in Cyprus?
How long did it take for you to obtain the license? Was there a cost?
Being on another continent, I'm trying to get as much information as possible so I can be prepared for my visit :)
Thank you!
-
- Site Admin
- Posts: 2920
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
- Contact:
Re: Buying in Paphos area
Hi Irini
A friend got a license to rent his property and he wrote an article on what he did - see How to get a license to rent your property.
Regards,
A friend got a license to rent his property and he wrote an article on what he did - see How to get a license to rent your property.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Re: Buying in Paphos area
IriniIrini wrote: ↑18 Mar 2024 04:21Hi JB!
I like Tala very much and I've read good things about the area :)
If I understand correctly, I would need a license to rent out short term?
I believe short term is less than 30 days in Cyprus?
How long did it take for you to obtain the license? Was there a cost?
Being on another continent, I'm trying to get as much information as possible so I can be prepared for my visit :)
Thank you!
I can't really remember how long it took, sorry, maybe a couple of months.
We already had a TIC (tax code) so that made things much simpler.
I just went to
https://www.tourism.gov.cy/tourism/tour ... n?openform
and sort of followed my nose from there.
--
J B
J B
Re: Buying in Paphos area
Also ...
Nigel has a section on the Eastern Cyprus message board - there are (IRC) a few discussions on getting a license there.
https://www.easterncyprus.com/viewforum.php?f=35
Nigel has a section on the Eastern Cyprus message board - there are (IRC) a few discussions on getting a license there.
https://www.easterncyprus.com/viewforum.php?f=35
--
J B
J B
Re: Buying in Paphos area
J B wrote: ↑19 Mar 2024 01:14IriniIrini wrote: ↑18 Mar 2024 04:21Hi JB!
I like Tala very much and I've read good things about the area :)
If I understand correctly, I would need a license to rent out short term?
I believe short term is less than 30 days in Cyprus?
How long did it take for you to obtain the license? Was there a cost?
Being on another continent, I'm trying to get as much information as possible so I can be prepared for my visit :)
Thank you!
I can't really remember how long it took, sorry, maybe a couple of months.
We already had a TIC (tax code) so that made things much simpler.
I just went to
https://www.tourism.gov.cy/tourism/tour ... n?openform
and sort of followed my nose from there.
Thanks JB
Re: Buying in Paphos area
Thanks for the article Nigel. I actually found out that as an EU citizen (which I am), I have the right to rent my property for both long term and short term (less than 30 days)Nigel Howarth wrote: ↑18 Mar 2024 11:32 Hi Irini
A friend got a license to rent his property and he wrote an article on what he did - see How to get a license to rent your property.
Regards,
-
- Site Admin
- Posts: 2920
- Joined: 24 Oct 2007 14:38
- Location: Erimi, Limassol, Cyprus
- Contact:
Re: Buying in Paphos area
I don't believe that excuses you from getting a license.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
Re: Buying in Paphos area
For short term lets (holiday letting up to 28 days) you need a licence from the tourist board. You do not need it for long term lettings (greater than the 28 days)Irini wrote: ↑20 Mar 2024 03:22Thanks for the article Nigel. I actually found out that as an EU citizen (which I am), I have the right to rent my property for both long term and short term (less than 30 days)Nigel Howarth wrote: ↑18 Mar 2024 11:32 Hi Irini
A friend got a license to rent his property and he wrote an article on what he did - see How to get a license to rent your property.
Regards,
For all your property needs, we offer Trust, Integrity, Honesty.
FSB Properties Ltd
Registered and Licensed Real Estate Company. Reg. No. 1145, Lic. No. 572/E
Member of ETEK Registration No. A201999
https://www.fsbproperties.com
FSB Properties Ltd
Registered and Licensed Real Estate Company. Reg. No. 1145, Lic. No. 572/E
Member of ETEK Registration No. A201999
https://www.fsbproperties.com
Re: Buying in Paphos area
Perhaps not. I'm certain my lawyer will let me know how to proceed.Nigel Howarth wrote: ↑20 Mar 2024 10:35I don't believe that excuses you from getting a license.
Regards,
Re: Buying in Paphos area
Hi Irini
We have two properties in Peyia and are currently looking to sellon which is a two bedromm townhouse on a small (9 house) development.
Please use the following link to review:-
ADVERTISING LINK REMOVED - PLEASE REFER TO MEMBERSHIP TERMS
Thanks
We have two properties in Peyia and are currently looking to sellon which is a two bedromm townhouse on a small (9 house) development.
Please use the following link to review:-
ADVERTISING LINK REMOVED - PLEASE REFER TO MEMBERSHIP TERMS
Thanks