These are the most important questions to ask when renting an apartment in the Cyprus marketplace
Renting a property is an action that requires several steps. In the search, one often loses focus of what he is looking for and forgets some essential questions. To avoid regrets in the future, it is best to know the questions that should not be left out when renting a house, a villa, or an apartment. Cyprus's real estate market works similarly to other countries.
As a well-known real estate agent says, the important thing is knowing precisely what you want. There will always be a wide range of offers and choices. But we must understand that the final decision is only one. Before you sign your rental agreement, we suggest that you ask yourself the following questions.
Many of them are vital to making the best decision.
Here we go:
- What is included in the rental agreement?
- A budget needs all the numbers.
- So, we suggest you know what is included in the contract.
- This implies public services (electricity, water, Wi-Fi), gardening, expenses, access to multipurpose areas, parking, and other services.
- How is the rent paid?
- It seems obvious, but it is not.
- We need to know how we are going to pay our rent.
- This can be by check, bank transfer, or automatic debit.
- What happens if I am late with a payment?
- Usually, the policies in this regard are reflected in the rental contract.
- Anyway, it is a valid question.
- You never know what can happen.
- Maybe they owe us a fee or our salary.
- We have a contingency or whatever reason.
- And we have the right to pay with some delay, which will surely lead us to incur in the payment of interest.
- Do I have to pay insurance?
- Rentals often require the payment of insurance.
- For now, be sure to ask.
- This way, you do not get a surprise when you sign the contract.
- What is the renter's policy with pets?
- We know of many cases of people who had to undo the operation about to sign a rental contract.
- The reason? The landlord never reported that the property in question could not be rented to tenants with animals.
- This being the case, and if you have pets, this question should be one of the first to be asked before beginning any rental process.
- How does the guest policy work?
- Many renters prefer that their home, even if it is for rent, not be visited by hundreds of people.
- Especially when it comes to family gatherings or birthday parties.
- Also ask about it, to avoid any unpleasant situation in the future.
- Can the property be sublet?
- Many landlords write down policies on subletting a property.
- This topic is significant, and it is good to ask about it.
- There are known cases of apartments that have been sublet by Airbnb without the consent of the owner.
- If this happens and there is no prior agreement, it would be in the presence of a severe violation of the contract's provisions.
- What are the rental terms?
- Another essential question.
- The contract must state when the contract begins and when it ends.
- How often does the rental value go up?
- A reasonable period will likely be established in this regard.
- Typically, the increases are made once a year, adjusted for inflation published by the government.
- How far in advance do you have to notify that you are about to move?
- A reasonable time to communicate a move is 30 days before making it.
- But be sure to ask.
- Some owners sometimes request that this be reported month by month (if it is to happen), and some prefer to know 60 days in advance.
- What happens if the rental agreement is broken?
- Many contracts end early.
- And this happens much more frequently than one might imagine.
- For now, it is good to know what the owner's policy is in this regard.
By viotopo News
Stay Connected
Featured Properties
City Views
Sea front
14
Houses For Sale Tala
sq/m²
2,020€
2-bed, 1-bath townhouse in Tala, Paphos, with sea views, terraces, garage, communal pool, and AC.
-88%
Opportunity!10
Houses For Sale Vasa Koilaniou
sq/m²
531€
160 m² built • 242 m² land
Traditional stone built house in Vasa Koilaniou for sale