Cyprus Property Forum for Buyers, Sellers & Investors

yes and today you need in addition to the architect:

Structural engineer, technical engineer, mechanical engineer, geological survey, electrical engineer, energy pass.

I would sue the seller, real estate agent and the lawyer who let you run into this. Maybe alone the mentioning of it will make the whole thing legs.

You can calculate as much as you like, make a nice milk maid bill, but in the end, when you just can't find a construction company who does it for the price then you have a problem. They are full with work and they don't bother to bid even. Believe me, we have been there.

You can hire a ...

If we knew before we would not have bought the plot at all.

We are now regretting it deeply. All my positive attitude about having a house here is gone. It is so much money and then you still don't get real EU quality but something that is ridiculous from our view.

The building quality here is ...

Nigel, with all due respect , and I have a lot for you, you are so behind what is happening right now. Your experience from 20 years ago has nothing to do with reality today.

I had an QS and now have 4 offers. One is significantly cheaper than the others, it is a good contractor and his offer is ...

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So you're saying 2500/m² is the current going rate if you get a general contractor which does some things and sub-contracts everything else out to specialists like electricians, etc. In my experience you pay for a lot of mark-up that way and it would be advisable to work with the ...

NO!

First you don't find a good construction company since they all are busy until for ever, and second, you can easily count in about 2000€/m2 - otherwise nobody will lift a finger. We are at 2500€/m2 now and that is the bare minium, it is an uncomplicated house with no luxury other than being ...

Well, the hotels and AirBnbs are not running all that smoothly.
There also have been some articles about this lately, but sorry, I have no time to look for them. Just the number of arrivals does not mean, those people actually are tourists.

Not only rents but also property prices have gone up ...

We thought about that but in the end it was not worth it. The prices have sky rocketed in the last 2 years and tourism is in stagnation. So if you calculate everything, with maintainance etc., even if it is in very good location, it is just not worth the effort when other investments have much more ...

Your landlord is most likely renting out a property that falls under the reduced VAT rule, so he actually is not allowed to rent it out at all. It is on you what you do with this information.

My guess is, it is illegal. You can ask, if he has a building permit first. If not, go to the municipality. You cannot add covered terraces and car ports as you like. Usually the developers have maxed out on the plot, what is possible. But try to talk with him first - he is your neighbor.

From my little experience I have now in building on Cyprus many alarms ring on your description.

First you can't trust Cypriots. Sorry, but either they lie or what I think is more often the case, they simply have no idea and are unable to give a correct price. So do yourself a favor and use a ...

They count about 2000/m2 as ballpark figure these days. But given the various "quality" in Cyprus, it is not as easy.

Get an architect and get quotes. Prices are very variable and it also depends on what you want. I would not use a contractor or developer without an architect and it is not legal ...

Thank you for your replies.

We are sure it is the right plot, so this is sorted. I now have seen all available plans and they all look different then what our surveyor made. But the boundaries are not official yet.

We will have a new lawyer, this is sure.

Hello!

We have come to the very odd situation, that our parcel, that we are in the buying process from a developer via a third party is shaped different regarding to our land survey compared to the parcel you see on the DLS site. So we tried to make a new survey and asked the developer P. for the ...