Rent is NOT a waste of money anymore!
Many tenants dream of owning their home but they find it almost impossible to collect required deposit in order to apply for the loan as all their monthly earnings go towards the rent. When your money are spent on rent, you get nothing in return. Rent-to-Buy scheme offers you unique opportunity to invest every cent you pay for rent into your future purchase.
It is clear that property prices are now at their lowest and investing now is a very wise decision. Once you enter Rent-to-Buy program, you fix price of the property at current level for 4 years.
When you rent you do not want to spend money on the property you live in. Since with Rent-to-buy scheme in 4 years or before property will become your own, you can improve and decorate it to your own taste.
Rent-to-buy payment structure:
1. Premium option fee: €10.000-€20.000 (It counts as part of the property price)
2. Fixed monthly rent payments for 4 years:
- 1-bedroom: €500
- 2-bedroom: €600
- 3-bedroom: €700
(also count as part of the property price)
3. Balance, interest-free, at the end of 4 years period
Choice of properties for Rent-to-Buy scheme:
- 1 bedroom apartments on Exo Vrisi area
- 1 bedroom apartments in Peyia
- 1 bedroom apartments in the TOmbs of the Kings area
***Please contact us for additional details 99 96 70 33 or info@paphosrent.com***