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

By Joshua Wood, LPC

Last updated on Jul 10, 2024

Summary: Expats and retirees talk about real estate in Kiti, Cyprus? How do you find a home in Kiti? Should you buy or rent? What is the cost of housing?

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Universal Tax Professionals
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Universal Tax Professionals

How do I find a place to live in Kiti?

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

"Finding a place to live in Kiti involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large villa. Next, you should research the different neighborhoods in Kiti to find one that suits your lifestyle and preferences. Some areas may be closer to the beach, while others may be closer to shopping centers or restaurants. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in Kiti, such as Cyprus Property For Sale, BuySell Cyprus, and Purple International. These websites allow you to filter your search based on your preferences, such as the number of bedrooms, price range, and location. In addition to online platforms, you can also contact local real estate agents in Kiti. They have extensive knowledge of the local market and can help you find a property that fits your needs. Before making a decision, it's important to visit the property in person. This will give you a better idea of the property's condition, the neighborhood, and the proximity to amenities. Finally, once you've found a property you like, you'll need to negotiate the terms of the lease or purchase agreement. This will include the price, the length of the lease (if renting), and any other conditions. Remember to always read the contract carefully before signing and don't hesitate to ask for clarifications if something is not clear. It's also advisable to seek legal advice to ensure that your rights are protected. Finding a place to live in Kiti, Cyprus may take some time and effort, but with careful planning and research, you can find a home that suits your needs and preferences," remarked one foreigner who made the move to Kiti.

Avertiss Real EstateAvertiss Real Estate
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Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Avertiss Real EstateAvertiss Real Estate

Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.
Get Quote

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

"Expat homes or apartments in Kiti, are typically spacious and well-furnished, offering a comfortable and luxurious living experience. They often feature a blend of modern and traditional Cypriot architecture, with white-washed walls, tiled roofs, and large windows that let in plenty of natural light. Many homes have open-plan living areas, fully equipped kitchens, and multiple bedrooms and bathrooms, making them ideal for families or individuals who enjoy having guests. Outdoor living is a significant part of life in Cyprus, and many expat homes reflect this with large balconies, terraces, or gardens. Some properties even have private swimming pools, perfect for cooling off in the warm Mediterranean climate. The homes are often located in peaceful, residential areas, offering a tranquil lifestyle away from the hustle and bustle of the city. However, they are still conveniently close to local amenities such as shops, restaurants, and schools. Many properties also offer stunning views of the surrounding countryside or the sea, adding to the appeal for expats. Despite the high standard of living, the cost of housing in Kiti is generally more affordable compared to other European destinations, making it an attractive option for expats. The local community is also known for being welcoming and friendly, helping newcomers to settle in and feel at home," said one expat in Kiti.

Avertiss Real Estate

Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Learn MoreGet Quote

Avertiss Real Estate

Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

Learn MoreGet Quote

What is the average cost of housing in Kiti?

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

"The average cost of housing in Kiti can vary greatly depending on the type and size of the property. For instance, a standard three-bedroom house in Kiti might cost around €250,000 to buy. On the other hand, the rental price for a similar property could be approximately €700 per month. However, these prices can fluctuate based on factors such as location, amenities, and the current state of the real estate market," said one person in Kiti.

Should I buy or rent a home in Kiti?

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

"The decision to buy or rent a home in Kiti, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kiti for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. On the other hand, renting a home in Kiti offers more flexibility. If you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership, renting could be a better option. Renting allows you to move more easily if your circumstances change, and it often comes with fewer upfront costs. Additionally, renting can be a good option if you're not ready to commit to a specific neighborhood or if you want to take some time to get to know the area before making a long-term investment. In conclusion, both buying and renting have their pros and cons, and the best choice depends on your individual situation and goals. It's important to carefully consider your options and perhaps seek advice from a financial advisor or real estate professional before making a decision," remarked one foreigner who made the move to Kiti.

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.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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