Renting Property in Cyprus: Aspects and Legal Recommendations

Long-term property rentals in Cyprus are in high demand, especially among expats and immigrants increasingly choosing this sunny island as a place to live and work.

If you are considering renting property in Cyprus, it’s essential to be well-prepared and aware of key aspects to ensure a smooth process. This involves various steps, from selecting the right property to signing a legally sound rental agreement.

Before making any decisions, tenants should understand their rights and responsibilities when renting property.

Below are important factors tenants should consider when entering into a rental agreement in Cyprus:

1. Who Are You Signing the Contract With?

Ensure you are dealing with the property owner or their legal representative, and that the person signing the lease agreement has the legal authority to do so.

Request documents confirming property ownership or a power of attorney if dealing with a representative. In Cyprus, real estate transactions often involve lawyers, and seeking legal advice can help prevent misunderstandings.

2. Key Terms of the Rental Agreement

When signing a residential lease in Cyprus, carefully read and review the terms and conditions. Make sure the following details are clearly outlined:

• Can the lease be terminated without penalties?
• Is advance notice required for termination?
• Does the lease automatically renew?
• Will the rent increase annually?
• Are pets allowed?

The agreement should include:

• Parties Involved: Names and details of the contracting parties.
• Property Description: Rental address, size, floor number, number of rooms, etc.
• Lease Term: Agreements are typically for 12 months, with automatic renewal unless one party notifies the other of termination before the contract expires.
• Rent Amount and Payment Terms: Specify the rent amount, payment terms, and frequency.
• Utility Payments: Cover details on the payment of utilities such as phone, cable TV, internet, water, and electricity. Request recent paid utility bills from the landlord to avoid surprises and get a realistic estimate of monthly expenses.
• Additional Expenses: Specify whether garbage collection, gardening services, pool maintenance, municipal fees, and taxes are included or require separate payments.
• Landlord’s Maintenance Responsibilities: Clearly outline the landlord’s obligations regarding property maintenance and repairs.
• Security Deposit Return Conditions: State the terms for deposit refunds.
• Early Termination Clauses: Define the process and conditions for early lease termination.
• Landlord’s Property Access: Clarify the landlord’s right to visit the property.
• Pet Policy: Specify whether pets are allowed.

3. Property Condition: What to Consider

It is essential to create a detailed checklist of the property’s condition before signing a rental agreement. This list should include all items such as furniture, appliances, and fixtures in the rental property. Taking photographs of rooms and items is also recommended to document the property’s initial state. This can help avoid disputes when returning the deposit and protect you from unjustified claims.

Pay special attention to the following aspects:
• Walls, Floors, and Ceilings: Check for cracks, stains, signs of dampness, or damage.
• Appliance Functionality: Test the refrigerator, washing machine, air conditioning units, and other appliances.
• Furniture Condition: Inspect for scratches, wear, or damage.
• Plumbing: Ensure that taps, showers, and drainage systems work without leaks.
• Windows and Doors: Look for cracked glass, and test locks and handles.
• Lighting and Electrical Fixtures: Ensure that all lamps and outlets are operational.

4. Legal Services for Renting Property in Cyprus

Renting property in Cyprus is a significant step, especially if you are doing it for the first time. To avoid legal mistakes and protect your interests, it is recommended to use the services of a lawyer specializing in real estate and rental agreements.

A lawyer in Cyprus can help you:
• Conduct a thorough review of the rental agreement, including key aspects such as the lease term, early termination conditions, and the rights and responsibilities of both parties.
• Explain your rights as a tenant and clarify any potential risks.
• Register the rental agreement with tax authorities, if required.
• Assist with transferring utility services (electricity, water, internet) to your name.
• Provide recommendations on deposit return terms and other financial matters.

With professional legal support, you can confidently sign a rental agreement and avoid potential issues.

Renting property in Cyprus with legal assistance ensures safety and comfort.

We invite you to consult with us at our office in Larnaca or schedule an online meeting. We will answer all your questions and guide you through the rental process.