Property Running Costs
Monthly Charges
Electricity bills are approximatly €50 – €125
Gas central heating is approximatly €200
Water bills are approximatly €10 – €30
Sewerage & Refuse tax is approximatly €150 YEARLY (one charge per year)
IPT (Immovable Property Tax) abolished for 2017 and onwards. However if there are outstanding payments they will have to be paid.
Communal Expenses are approximatly €20 to €100
Author: Property Canvas
ETEK Property Valuers, Registered and Licensed Real Estate Agency
Property Canvas is a leading real estate agency in Cyprus, specializing in property sales, investment, and valuation. Our team comprises licensed estate agents and certified property valuers with extensive experience in the Cypriot market, providing expert guidance to buyers, sellers, and investors. Our Team has authored the “Property Running Costs”.