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Renting Property

Cyprus - Renting Property


Those expats who prefer to rent a property in Cyprus will find that newspaper advertisements and online searches are the best places to start looking. Estate agents can be very helpful in these situations, but they always require a certain fee to be paid. Every potential customer should be aware that rental fees in Cyprus can be quite substantial, so some expats should also consider house-sharing options.

When it comes to utility bills, expats are generally responsible for their own expenses. It can be very costly and always factored into housing budget. It is also important to know that Cyprus has a progressive water-taxation system, so everyone should think twice before deciding to water the garden or re-fill the house pool.

The general standard of accommodation in Cyprus can be considered as quite good, as most of property on the island is fairly new and in good shape. Heating and air conditioning systems are usually installed, and the majority of houses in Cyprus have a shared or private pool.

Rented apartments on the island are generally furnished, while the houses are usually unfurnished. It is useful to know that shipping furniture to the Republic of Cyprus is a viable option, especially from within the European Union. If this is not an option, the IKEA factory in Nicosia makes buying furniture very feasible. Many expats report disappointment with the second-hand furniture market in Cyprus.

When it comes to the cost of living in the Republic of Cyprus, the prices vary depending on the location and the service provider. The following information is based on the average accommodation prices for the summer of 2016.

- Furnished two bedroom house – the average rental cost is 620 EUR
- Unfurnished two bedroom house – the average rental cost is 570 EUR
- Furnished two bedroom apartment – the average rental cost is 590 EUR
- Unfurnished two bedroom apartment – the average rental cost is 550 EUR

Areas on Cyprus

As there is a large influx of foreigners in last several years, so called "expat areas" have been largely established across the country. These areas are mainly in places like Limassol, Paralimini and Oroklini. It is always up to the individuals to choose whether they would rather live in a close-knit expat community or surrounded by local people.

Home security in Cyprus

When it comes to the home security question in Cyprus, the situation is slightly different than in continental Europe. Most of the people across the island feel safe in their homes and, although houses have locks on their doors and windows, most choose to leave them open, especially during the hot summer period. Rural areas are substantially safer than urban centers, and break-ins are relatively rare in both places.


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Expat Health Insurance Partners


Aetna

Our award-winning expatriate business provides health benefits to more than 650,000 members worldwide. In addition, we have helped develop world-class health systems for governments, corporations and providers around the world. We want to be the global leader in delivering world-class health solutions, making quality health care more accessible and empowering people to live healthier lives.

Aviva

Health is your number one priority. At Aviva we understand this, which is why we’re focused on helping you and your family access high quality healthcare at home or overseas. Our award winning medical insurance will help you get the treatment you need or simply provide guidance and advice wherever you are, 24/7.

Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.

Cigna

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.