Rental Deposits for Cyprus property.

We hope the Property rental information on this website assists you in deciding if renting Cyprus property is a good choice for you, and gives you peace of mind.

Security /Bond Deposit for a Cyprus rental Property.

Once you decide to rent a Cyprus property, you will be required to leave a minimum cash deposit equal to one months rental. Note some owners may require 2-3 or even full payment in advance,however if full payment is required we suggest a lower rent,and ensure the contract is viewed by your solicitor.This bond/deposit is fully refundable at the end of the agreed tenancy agreement providing all clauses in the agreement are satisfied by both owner and tenant.
The Security deposit cannot be used as a months rental, in particular during the final month of your tenancy, the deposit is to cover cleaning, damage or missing furniture or fittings,or for any missing or late payment charges during your property tenancy.The deposit money does not attract any interest for you, whilst being held by the owner or management company / agent of the rented property. Prior to moving in the rental property, the agent / owner will require a tenancy agreement completed, along with a inventory of the items in the property. Please ensure you have an inventory signed prior to renting any property to protect yourselves along with a tenancy agreement for Cyprus property.

* Note we are a sole advertising company for Cyprus owners, and we are not in receipt of any rental deposits taken by owners or agents for Cyprus property rented on our sites . Please ensure when paying any monies to agents or owners of property on our sites you obtain and retain a receipt*