Rent Property in Cyprus

In the Advanced Filters section, you can set the following parameters:

1. Mortgage Parameters:

• Payment: starting from 700 EUR.
• Down Payment: 17,000 EUR.
• Interest Rate: 4.30% per year.
• Loan Term: 30 years.

2. Investment Parameters:

• Enter Monthly Rental Income: 750 EUR (or your preferred amount).

These settings in the Advanced Filters will help you find properties with positive cash flow.

Because we do not add the increase in the value of the property to the calculation. We calculate yields based on current rental data. We cannot predict the increase in value at this moment.

We use the location of the property or area. Then we select a rectangle representing an area of ​​approximately 1.2 km by 0.6 km (or approximately 0.75 miles by 0.37 miles). In this rectangle we find similar listings for long-term rent. The similarity of listings is determined by the type and area for apartments we round to 10 m², for commercial to 50 m², for garages and parking to 30 m². We calculate the median cost of listings. Relative to the median cost we calculate the yield (yield gross).

We calculate the yield gross relative to the median long-term rental price. Then we multiply by 12 months and divide by the property price. We do not calculate ROI.

We ensure the relevance of our listings by checking the date of their last update, which is displayed on each listing's page. If a rental listing hasn't been updated in over 14 days, it is removed from publication. For sales listings, the cutoff is 30 days. This helps us ensure that all available listings on our site are fresh and up-to-date.

Mortgage search parameters are essential because they allow you to specify your preferred monthly payment range, down payment amount, interest rate, and loan term. This information helps us calculate the total mortgage amount you can afford and suggest suitable properties within your budget. By setting these parameters, you can find options that best fit your financial situation.

Investment parameters are essential for real estate investing. Typically, these parameters include the expected return in percentage, the payback period in years, and the monthly rental income. The monthly rental income is the amount of money you expect to receive from renting out the property each month.