From time to time we get specific queries regarding property matters most of which are answered directly and through the Q+A column. In this article we will refer to some of the points which are of a general appeal and which were not addressed before.

Flat Roof V Pitched Roof
In terms of aesthetics, it can be either, but flat roof needs more delegate architectural treatment, in order to become attractive. Pitched roof offers better insulation and the possibility of having a loft. The flat roof can be used as a roof garden. It is a matter of own preference, but, we will say for modern houses of modern design, flat roof is better if designed correctly.

Heated Pool
It costs approximately 30% more to install and the running cost is considerable (over €200 p.m.) depending on the air temperature. Even at the best of times a heated pool can elongate your pool use by another two months (one on either end). It is a luxury and the decision will depend on your financial ability.

Internal Pool
Well, this is a bit extravagant by Cyprus weather conditions. The cost in addition to the pool, may amount to around €60.000 and it should include air exchange, heating, natural lighting etc.

Gym / SPA / Jacuzzi
Budget for a cost of around €50.000 including the equipment. Usually set in the basement, but provide the area with radio/t.v. provision/w.cs./shower etc.

State of the art El. & Mech.
Not many local people (consultants) are aware of all the gadgets, but for those who can afford it, go for it. Automatic climate control, electrical shutter/curtains, lighting services etc etc are part of the few that we know.

Wine Cellar
Not really needed unless you are a connoisseur. For most people a wine fridge will suffice, but bear in mind its location (no direct light etc).

Building Plot V Field
A field has obviously less cost per sq.meter than a building plot, but you get more land. Bear in mind the made up/or not, access, the provision of services, the dust and flies of the countryside (in terms of field) and lastly your style of living. If you have children opt for a building plot near public services, since it is more convenient, but, then large gardens, pool etc are also an attraction for most people

One or two floors
Two floor buildings can provide a more attractive design and save land. Single floor is far more convenient but needs added land. Also bear in mind the age of the residents/any healthy problems etc (single floor to be preferred in large plots).

Internal Lift
Make a provision if the building is at least two floors. More suitable for permanent homes and of course for those who can afford it. Budget for around €35.000. We will say a must if you have basement/roof garden (3-4 levels). It is worth every penny.

En suite bathrooms
A must even if this reduces the bedroom size. People’s way of living is changing and little luxuries are more in demand – extra cost per room €3.000.

Maids Quarter
A must if you have, but prefer to have it in a separate quarter (the maid will feel happier as well). Make sure that maid’s quarter has all the facilities including t.v./ kitchen etc – a happy help is better for all.

Security
Alarm system, external light sensors, notifying the police when away, a proper fence, electric gates etc are being more of a must. It depends on the location and how long are the void periods.

Fireplace
A must if you like/have use for such a form of heating. It costs around €3.000 to build, plus around €10/evening for the wood. The most expensive way of heating oneself in Cyprus, but it has its attractions.

Barbeque / Oven
Buy a movable one with a cost of around €800 with all the gadgets. Avoid building a permanent one. Gas B.Q. are okey, but not as tasty in terms of food results. The village ovens cost around €600 depending on size, but you need some form of training prior to attempt to use it.

Borehole Water
A must in large plots for gardens and pool. Cost around €2.500 to install (check if subsidy is available) and 5 cent/c.m. to operate, An investment worth its while.

15‰ Taxation
A proposal that has seen the light in the press suggests that the Government will introduce a 15‰ (15 – per thousand) on those people who own real estate having a total value as at 1.1.1980 of more than €1 mil. Most unlikely that it will be introduced - objections have been raised by a wide spectrum of people.

No small letters on loan contracts
The Bank of Cyprus has introduced a “new” scheme, where the loan agreements are not to have small or ambiguous letters. The applicants will be encouraged to study the contract prior to signing - Bear in mind that if the contract is in Greek language, the Bank is obliged to have it translated or explained it to you having a solicitor present.

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