Choosing Between Apartments and Townhouses in Cyprus

When choosing between apartments and townhouses in Cyprus, consider what you will use the apartment for. A townhouse is a kind of two-storey cottage that has no neighbors above it. A townhouse has two or three floors and usually includes two or three bedrooms. If you're looking for a vacation home with a small family, 100 square meters may be just right. For more space, you can choose a villa that's a little further from the beach and on the third line.

While there are no legal requirements for the lease contract in Cyprus, consumers renting directly from a landlord should make sure to prepare it properly. They should include the names of the parties, rent amount, and due date, as well as the length of time the contract will last. Additionally, it's recommended that consumers use a certified translator or a local lawyer to translate the contract into the language of the local landlord. A translation of the Greek contract is essential in Cyprus.

Before choosing a property in Cyprus, foreign buyers should familiarize themselves with the local housing market and types of real estate in the country. Apartments are one of the cheapest types of property in Cyprus and are usually placed in buildings with at least three floors. They're often part of a complex of other homes. Cyprus real estate divisions are unique and can be confusing to foreign buyers. However, apartments are the cheapest of the three types of property, and they're available in a range of styles. Cyprus has a long vacation season, which means that even if prices are lower than other European countries, there's always a good chance you'll find a home or apartment that suits your needs.

As mentioned above, prices for апартаменты на Кипре increased slightly, albeit unevenly. Some cities recorded a decrease in house prices, such as Larnaca and Nicosia, while others rose by 0.3 per cent year-on-year. The trend is still positive. Apartments in Cyprus were up by one percent quarterly and by 4.5 percent on a year-on-year basis. The increase in housing prices is mainly due to an increased demand for homes in the country.

Despite being a popular destination for holiday makers from the UK, Cyprus also has an upscale luxury apartment market. There are plenty of high-quality luxury apartments all over the island and many of them offer a unique blend of resort living with a more laid-back, village life. And at prices much lower than those of the U.K., Cyprus is a fantastic winter destination. With the mild Mediterranean climate, Cyprus is a great destination for vacationing with your family or friends.