Long term Rentals Guide
Renting a Long-Term Property in Cyprus: Key Considerations
If you decide to rent a long-term property in Limassol or Paphos, you will be required to pay a breakage deposit equal to one month's rent. This deposit is held by the landlord and returned to you when you vacate the property, provided it is in the same condition as at the start of the tenancy, with the inventory being satisfactory.
Understanding the Breakage Deposit
- Purpose of the Deposit: The breakage deposit cannot be used as rental payment, especially during the final month of your tenancy. It covers cleaning costs, damage, missing furniture or fittings, and any outstanding or late payment charges during the tenancy.
- Non-Interest Bearing: The breakage deposit does not accrue interest while held by the landlord, ensuring its sole purpose is for security.
Your Tenancy Agreement
At Fox Realty, we provide a comprehensive Tenancy Agreement that outlines your legal rights and responsibilities as a tenant, as well as those of the landlord, in accordance with Cyprus Accommodation Law. It is crucial to familiarize yourself with the tenancy agreement terms and conditions. Failure to adhere to these terms or to pay the agreed rent on time may jeopardize your rights to remain in the property. All agreements are solicitor-approved and constitute a legally binding document.
Utilities and Services in Limassol and Paphos
- Electricity in Cyprus: Domestic electricity is 240 V AC, 50Hz, using British-type 13 amp 3 flat pin plugs. You will need to register with the Electricity Authority of Cyprus or a local customer service center to connect electricity. In some cases, the landlord will handle the registration and charge the tenant based on meter usage. You can also pay bills online directly through the Electricity Authority of Cyprus.
- Internet and Communication Services: Providers such as Cyta, PrimeTel, Cablenet, and Epic offer telephone, internet, broadband, mobile phone, and digital TV services in Limassol and Paphos, ensuring you stay connected during your stay.
- Water and Other Utilities: Typically, the landlord covers water expenses, although this cost may be passed on to the tenant. Ensure clarity on who is responsible for each utility in your tenancy agreement.
Why Choose Limassol and Paphos for Your Long-Term Stay?
Limassol and Paphos are among the most sought-after locations in Cyprus for long-term rentals, offering a vibrant lifestyle and beautiful surroundings. Whether you are looking for a beachfront apartment, a villa with stunning views, or a city-center residence, these regions provide diverse options to suit your needs.
Contact Fox Realty today for more information on available long-term rental properties in Limassol and Paphos. Our expert agents are ready to assist you with finding the perfect home and guiding you through every step of the rental process.