Long-term rental management in Cyprus offers numerous advantages for property owners. It provides a steady income stream, avoiding the seasonal fluctuations of short-term lets. Landlords can utilise this income to pay for council taxes, sewage charges, garbage tax and government rates.
With long-term tenants, properties experience fewer vacancies and require less management, as tenants handle most daily upkeep. There’s also less wear and tear due to reduced tenant turnover, lowering maintenance costs over time. The rental market is stable, driven by demand from expats and professionals. Additionally, Cyprus’ tenancy laws offer legal protection for landlords, while simplified taxation makes financial planning easier. Overall, it’s a profitable and low-effort way to maximise property investment.
