Paphos People

Cheapest rent in Nicosia is €300 for 30 square metre container-like room in Lakatamia

Rents are up by 50 per cent in some areas – and not just in Limassol – with some students in Nicosia now renting cheaper apartments in the north. The Sunday Mail spoke to experts in the real estate sector who explained the factors which are leading to higher prices – and they argue that they are all heading in one direction: up and up.

The cheapest available place to rent on Bazaraki – a popular site for those seeking accommodation – is for €300, which gets you a 30 square metre prefab container-like room in Lakatamia, Nicosia. Another for €300, also a prefab container home, is available in Kornos.

Yiannos Andreou, 32, told the Sunday Mail that four years ago he was renting a one-bedroom apartment along a busy street in Ayios Dhometios in the capital for €300 but it has since increased to €420.

Full story:- https://cyprus-mail.com/2022/10/02/no-quick-remedy-to-spiralling-rents-in-cyprus/

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Dave
Moira And Dave

“I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.”

So many properties left empty everywhere
As greed takes over

Why not rent out all of the properties available now at reasonable prices
Rather than leave thousands of properties left standing empty and rotting