Buying in Paphos area

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Irini
Posts: 37
Joined: 08 Jan 2024 22:09

Buying in Paphos area

Post by Irini »

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!
J B
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Joined: 08 Oct 2017 20:22
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Re: Buying in Paphos area

Post by J B »

We are UK citizens.
We own two properties in Tala, which of course we thing is the best area! :lol:
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
Irini
Posts: 37
Joined: 08 Jan 2024 22:09

Re: Buying in Paphos area

Post by Irini »

J B wrote: 15 Mar 2024 22:13 We are UK citizens.
We own two properties in Tala, which of course we thing is the best area! :lol:
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.
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!
Nigel Howarth
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Re: Buying in Paphos area

Post by Nigel Howarth »

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,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
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J B
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Re: Buying in Paphos area

Post by J B »

Irini wrote: 18 Mar 2024 01:21
J B wrote: 15 Mar 2024 22:13 We are UK citizens.
We own two properties in Tala, which of course we thing is the best area! :lol:
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.
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!
Irini
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
Posts: 36
Joined: 08 Oct 2017 20:22
Contact:

Re: Buying in Paphos area

Post by J B »

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
--
J B
Irini
Posts: 37
Joined: 08 Jan 2024 22:09

Re: Buying in Paphos area

Post by Irini »

J B wrote: 18 Mar 2024 22:14
Irini wrote: 18 Mar 2024 01:21
J B wrote: 15 Mar 2024 22:13 We are UK citizens.
We own two properties in Tala, which of course we thing is the best area! :lol:
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.
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!
Irini
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 :-))
Irini
Posts: 37
Joined: 08 Jan 2024 22:09

Re: Buying in Paphos area

Post by Irini »

Nigel Howarth wrote: 18 Mar 2024 08:32 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,
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
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Re: Buying in Paphos area

Post by Nigel Howarth »

Irini wrote: 20 Mar 2024 00:22I 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) :-))
I don't believe that excuses you from getting a license.

Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
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Pantheman
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Re: Buying in Paphos area

Post by Pantheman »

Irini wrote: 20 Mar 2024 00:22
Nigel Howarth wrote: 18 Mar 2024 08:32 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,
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) :-))
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)
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Irini
Posts: 37
Joined: 08 Jan 2024 22:09

Re: Buying in Paphos area

Post by Irini »

Nigel Howarth wrote: 20 Mar 2024 07:35
Irini wrote: 20 Mar 2024 00:22I 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) :-))
I don't believe that excuses you from getting a license.

Regards,
Perhaps not. I'm certain my lawyer will let me know how to proceed.
JohnTB
Posts: 17
Joined: 08 May 2013 06:47

Re: Buying in Paphos area

Post by JohnTB »

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
freghufe
Posts: 4
Joined: 30 Dec 2022 21:12

Re: Buying in Paphos area

Post by freghufe »

J B wrote: 15 Mar 2024 22:13 We are UK citizens.
We own two properties in Tala, which of course we thing is the best area! :lol:
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.
Hi JB,

Could you please advise on the steps you took in order to acquire the right to rent properties as a non-EU citizen?
We've been hearing that this is not possible for us to rent since (as non-EU) we can only own a property for personal needs...

Thank you in advance!
Nigel Howarth
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Joined: 24 Oct 2007 12:38
Location: Erimi, Limassol, Cyprus
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Re: Buying in Paphos area

Post by Nigel Howarth »

Hi freghufe

There are no restrictions on non-EU citizens renting a property. A British friend of mine has an apartment in Paphos that her rents through Airbnb.

Who told you that you needed permission?

Regards
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
J B
Posts: 36
Joined: 08 Oct 2017 20:22
Contact:

Re: Buying in Paphos area

Post by J B »

freghufe wrote: 12 Dec 2024 13:21 Could you please advise on the steps you took in order to acquire the right to rent properties as a non-EU citizen?
We've been hearing that this is not possible for us to rent since (as non-EU) we can only own a property for personal needs...
Hi Freghufe

I used the "innocent till proven guilty" method, with no recriminations thus far! :lol:

Nigel has much more knowledge than me so I assume you've read his post! :-))
--
J B
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