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Questions and Answers | Property rental in Cyprus

Guaranteed rent of my property in Northern Cyprus

A number of construction companies in North Cyprus offer their customers guaranteed rent at 5% to 7%(from purchase price) annually (long-term lease) up to 3 years. Calculation of annual income is derived from the price of the main contract. Clause about guaranteed rent is included in the main contract. For example, if value of the property is 50 000 Euros, rent per year will be equal to 3,500 Euros a year.

Дата вопроса: 16.09.2012
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