Rental Properties Cyprus Secrets

For those who want to buy a plot of land and put up a building there, there are certain major points they have to bear in mind. As a rough and general rule, and provided there is a “satisfactory” access, a single house can be erected on a plot of land. If more than one house is required, then water must be provided. The water supply may be either from a public or private source. In the event of private water supply (usually a borehole) its quantity and quality are tested by the Water Development Department.

For all the towns and for some villages there are water development zones and it is most difficult to get public water supply to a property sited outside the zone. Do not take, therefore, the word of the estate agent, the owner or the village muchtar, that water supply can be made available. Remember that the appropriate water authority is the Water Development Department only.

In addition a 1.5%-2% is payable for the structural design and 0.3% for structural supervision. If you are at a loss as to the choice of a suitable consultant, seek the advice of the Registrar of the Association of Architects & Engineers (all licenced architects must be registered). Please bear in mind that in case of large buildings you may be able to negotiate a lower fee (as also in the case of repetitive work).

In these circumstances, promises and the willingness of locals to help may meet the Authority’s objections. A more serious consideration however is section 4A of the Streets’ and Buildings’ Regulations. This amendment of the Law states that, in certain cases, no building permit will be granted to plots of land which are the result of field subdivision. Therefore, the derivation of the site’s title must be examined and verified by the District Lands’ Office.

In addition a 1.5%-2% is payable for the structural design and 0.3% for structural supervision. If you are at a loss as to the choice of a suitable consultant, seek the advice of the Registrar of the Association of Architects & Engineers (all licenced architects must be registered). Please bear in mind that in case of large buildings you may be able to negotiate a lower fee (as also in the case of repetitive work).

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!