move 2 cyprus

Development of land into villas is very common in the Paphos and Pissouri area, mainly on the hills between Paphos and Polis. Projects are developed to take the form of villages with the individual villas designed in traditional architecture. There are, of course, cases where the purchaser may have a good say in the design of his villa. The same type of projects is now being carried out in Limassol and to a lesser extent in the Larnaca area.

Developers usually offer two-storey villas with three to four bedrooms, with two bathrooms, living/dining room and kitchen with breakfast area. Often the option of a swimming pool is also given.

Prices vary according to the location and area of land involved. As an indication, one should have in mind that the average construction cost for a house is between 200 to 300 Cyprus pounds per square metre. Credit terms on property acquisitions are normally made and the generally acceptable payment terms are 25-35 % on signing and the rest over a period up to 12 years.

There is an increasing tendency to acquire old village houses that are subsequently improved or converted into modern residences. Nowadays cottages of character and colour are relatively expensive and they may amount, together with the repair improvement bills, in excess of what a new villa of the same size would cost.

The best approach in buying your cottage is to visit the village of your choice yourself and seek information from the village muchtar (the chairman of the village parish). Estate agents may be also helpful. It is evident that the less popular the village is by foreigners, the lower the cottage's price. Bargains can still be found at the remote villages. It is strongly suggested that before concluding a deal, you obtain a firm estimate of the repairs and improvements required using the services an architect, whereas what has been said previously about other property acquisitions holds good for this nature of property as well.

In particular, you must check who your neighbours are, since in tightly knit communities, such as the local villages, they have their own way of living and attitudes towards life. Check whether your neighbours keep any animals in their yard since if they do the smell may be unbearable. Check also the distance from the town, the access, whether there is a telephone service, the nearest doctor, the frequency of the local post etc. Bear in mind that the cottage may be eligible for an improvement grant from the Government, if it is of historic interest. Your architect can advise you on this.