Kibkom North Cyprus Forum

Hi All

I'm going to privately rent my villa and have quoted a monthly rental. Is it normal to charge them separately for utilities?

George

If you are renting long term i.e. 3 months or more the tenants pay the electricity & water. If you are doing 'holiday lets' for short periods you would normally give the tenants an allowance for elctricity & water which would cover normal useage anything used above this would come out of their deposit.
You have to pay 10% tax on the gross rental income.

Be careful as in summer the people renting tend to us the AC a lot, which can push up your electric bill

That is why I said to give an allowance for electricity!

We are looking for six month rental!! Is this what your looking for?? If so where is your villa located and what price you looking for?

Thanks

Hi everyone

Many thanks for your advice, really useful. Have now let the villa for 5 months. Tennants have agreed to pay electric, water and pool maintenance on top of the monthly rental so problem solved. Useful info also regarding holiday letting

Thanks again
George