Luxury Apartments for Rent in Limassol

FAQs for Cyprus Rentals

Monthly rent usually covers the property itself and standard municipal taxes. Common expenses are sometimes included depending on the agreement, but utility bills like electricity, water, and internet are almost always paid separately by the tenant.

Landlords typically require one or two months’ rent as a security deposit, along with the first month’s rent paid upfront. The deposit covers potential damages and is fully refundable at the end of the tenancy.

Rent increases depend entirely on your specific tenancy agreement. Our agents at G&P Lazarou negotiate these terms clearly upfront to ensure complete transparency before you sign your lease.

While not legally mandatory, some landlords may request a local guarantor or ask for additional rent paid upfront if you are a newly arrived expat. Our agents actively negotiate these terms to secure your ideal property.

The standard minimum lease term for a long-term residential rental is one year, usually with an option to renew.

FAQs for Cyprus Sales

Yes, non-EU citizens are generally entitled to purchase one property in Cyprus—such as a house, apartment, or a plot of land up to 4,014 sq.m. The process requires a straightforward approval from the Council of Ministers, which our expert agents handle seamlessly.

Yes. Purchasing a new residential property in Cyprus for at least €300,000 (plus VAT) qualifies non-EU buyers for the fast-track Permanent Residency program. This grants lifelong residency for the buyer, their spouse, and dependents.

Buyers should budget for VAT (5% for first-time primary residences under specific conditions, otherwise 19%) and transfer fees (if no VAT applies). Total additional costs are straightforward and transparent when working with our team.

A standard property transaction takes between one to three months to complete. This timeframe includes drafting the contract of sale, due diligence, transferring title deeds, and securing necessary government approvals.

When buying through a reputable, licensed agency like G&P Lazarou, we ensure strict due diligence. We verify that developers have the correct planning permissions and bank waivers, ensuring the safe transfer of Title Deeds.

Luxury Apartments for Rent in Limassol

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