Common Expenses & Insurance

Resort Common Expenses
Depending on the type and location of your property in Cyprus at Aphrodite Hills, common expenses vary from development to development. These expenses, which are estimated to be around €1,200 per year, cover an Owner’s share of the cost of cleaning and maintaining common areas and gardens, swimming pool expenses, electricity in common areas, management fees, rubbish collection and repairs. Other expenses may be added for the upkeep of the common areas of the Resort.

Electricity & Water Supply Services
Each home is responsible for paying charges for utilities to the respective authorities at regular intervals throughout the year.

Insurance
Comprehensive insurance against fire and associated hazards is provided by Lanitis Development until the title deeds are transferred to the Owners, at the cost of €1.30 per €1,000 insured, depending on the value of the insured property. Contents insurance is the Owner's responsibility; the approximate cost is around €1.50  per year per €1,000 insured, depending on the type of insurance and the perils covered.

Find out more about the luxurious Cyprus property for sale at Aphrodite Hills Resort in Paphos, Cyprus.