Cyprus Property Forum for Buyers, Sellers & Investors

I have just received my final account in relation to my purchase of a 1 bedroom apartment on a new complex of 75 units with pool etc. at Peyia. Unfortunately , totally out of the blue, there are two extra items that have been included on the final account, that I had no prior knowledge or prior agreement.
The first is inclusion of a 'pressurised water system' for 854.30 Euros, which after I complained, the after sales department informed me that, without it, I would have an inadequate water system. I have raised the question of, if that is the case, surely without it, the apartment is unfit for purpose.
The Property cost 198,000 euros, which was high even when the exchange rate was favourable, however it was sold as a high quality build on a high class development by a reputable developer, which is why I chose it, for peace of mind.

The second inclusion is for 'Development Preparation Charge' of 1,998.00 Euros, which again has never been mentioned before.
There is already a fee for ' annual management fees' of 600.00 Euros which has always been agreed and included in the contract.

I am very unhappy about these extras and would like some advice, firstly, should not the water supply for a new apartment be pressurised as standard and the legality of adding extras.

Thanks
John

Hi John,

The water situation here is pretty dire - as you may know there are no permanent rivers in Cyprus. Over abstraction, over development coupled with the lack of rain over the past few years have resulted in water cuts in many areas - a number of desalination plants are being constructed to improve the situation.

The developer should have advised you about the pressurised water system. Friends of mine in Larnaca had a system installed several years after they moved into their flat - I had a system installed when my house was being built. They are a very worthwhile addition - and for the price of €854.30, you are not being overcharged. (As well as a pressurising pump, the developer should have upgraded the plumbing system to cope with the system).

As for the 'Development Preparation Charge' - I have no idea what this could be. If it's not included in your contract of sale, there is no reason why you should pay it.

In your position, I would pay for the pressurised water system and reject the other charge (unless there is something in your contract).

As for 'high quality build' - 'high class development' - 'reputable developer', it's meaningless marketing drivel and hyperbole.

Regards,