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Real Estate in Frenaros, Cyprus | Expat Exchange
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Real Estate in Frenaros, Cyprus

By Joshua Wood, LPC

Last updated on May 10, 2024

Summary: The most desirable neighborhoods in Frenaros, Cyprus are the villages of Frenaros, Kato Drys, and Kornos. The average cost to buy a nice 2 bedroom home in Frenaros is around $150,000 USD, while a nice 3 bedroom home is around $200,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a private garden. Foreigners are allowed to purchase property in Frenaros, however, they must obtain a permit from the Ministry of Interior. When searching for a home to buy in Frenaros, expats should consider their budget, desired location, and amenities. It is also important to research the local real estate market and consult with a real estate agent to ensure they are getting the best deal.

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How do I find a place to live in Frenaros?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"I lived in the area for 3 months trying to decide where I would choose to by my house. I found my house through an estate agent," explained one person living in Frenaros, Cyprus.

"Frenaros is a small village located in the Famagusta District of Cyprus. It is a great place to live if you are looking for a peaceful and quiet environment. There are a variety of housing options available in the area, ranging from traditional Cypriot homes to modern apartments. You can find rental properties in the village itself, or in the nearby towns of Paralimni and Deryneia. Additionally, there are a number of real estate agents in the area who can help you find the perfect place to live," said one expat in Frenaros.

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What is a typical expat home or apartment like in Frenaros?

"Expat homes and apartments in Frenaros are typically modern and spacious, with large windows that let in plenty of natural light. Many of the homes and apartments have balconies or terraces, offering stunning views of the Mediterranean Sea. The interiors are often decorated with contemporary furnishings and feature modern amenities such as air conditioning, satellite TV, and high-speed internet. The kitchens are usually well-equipped with all the necessary appliances and utensils. The bathrooms are typically modern and luxurious, with high-end fixtures and fittings," said one person in Frenaros.

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What is the average cost of housing in Frenaros?

If you are thinking about moving to Frenaros, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The housing costs were slightly higher than Florida, but the housing market has changed drastically in the past 2 years. Right now in Cyprus, you could rent a 3-bedroom villa for 500 Euros a month," remarked one member in Frenaros.

"The cost of housing in Frenaros is generally quite reasonable. Prices vary depending on the size and location of the property, but the average cost of a two-bedroom apartment in the area is typically around €500-€600 per month," explained one expat living in Frenaros, Cyprus.

Should I buy or rent a home in Frenaros?

If you have not spent a lot of time in Frenaros, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Frenaros can be a great investment. The area is known for its beautiful scenery and Mediterranean climate, making it an ideal place to live. The cost of living is relatively low, and the local economy is stable. Additionally, the area is close to the city of Larnaca, which offers a variety of amenities and attractions. Renting a home in Frenaros can also be a great option, as it allows you to enjoy the area without the commitment of a long-term purchase. You can also take advantage of the lower cost of living and the convenience of being close to the city. Ultimately, the decision to buy or rent a home in Frenaros, Cyprus depends on your individual needs and preferences," explained one expat living in Frenaros, Cyprus.

What do I need to know when buying property in Frenaros?

When we asked expats what advice they would give a foreigner before buying a property in Frenaros, they said:

"1. It is important to research the local area and the property market in Frenaros before making any decisions. 2. It is also important to ensure that the property is legally registered and that all necessary paperwork is in order. 3. It is advisable to seek legal advice from a qualified lawyer or solicitor before signing any contracts. 4. It is important to be aware of the local taxes and fees associated with buying property in Frenaros. 5. It is also important to be aware of any restrictions or regulations that may apply to the property. 6. It is advisable to arrange a survey of the property to ensure that it is in good condition and that there are no hidden defects. 7. It is important to be aware of the local infrastructure and amenities in the area, such as schools, shops, and public transport. 8. It is also important to be aware of any potential risks associated with the property, such as flooding or subsidence," remarked one foreigner who made the move to Frenaros.

Are foreigners allowed to own property in Frenaros?

When we asked expats what advice they would give a foreigner before buying a property in Frenaros, they said...

"Yes, foreigners are allowed to own property in Frenaros. However, there are certain restrictions and regulations that non-Cypriot citizens need to follow. Foreigners can purchase one property, either a house or an apartment, and up to 4,014 square meters of land. To buy a property, they need to obtain permission from the Council of Ministers, which can take several months. Once the permission is granted, the property can be registered under the foreigner's name. It is also important to note that European Union citizens who have permanent residency in Cyprus face fewer restrictions when purchasing property," explained one person living in Frenaros, Cyprus.

What appliances are typically included in a rental?

We asked foreigners in Frenaros what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Frenaros typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Additionally, some properties may include a dishwasher, microwave, and other small appliances," explained one expat in Frenaros.

Additional Information about Searching for a Home in Frenaros:

We asked foreigners in Frenaros what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats looking for homes in Frenaros typically start their search by browsing online property listings on websites such as Cyprus Property News, BuySellCyprus, and PropertyCyprus. They may also join local Facebook groups or expat forums to ask for recommendations and advice from fellow expats who have already found homes in the area. Additionally, they might reach out to local real estate agents who have experience working with expats and can help them navigate the local property market. Some expats may also visit Frenaros in person to explore the area and view properties firsthand before making a decision," wrote one expat who made the move to Frenaros.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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