Property Management in Cyprus

Consultation

Tell us where the property is, how you use it and what you want: income, care, or both. Cyprus property management starts there, and we reply within one working day.

Property Check

We review available properties, current market conditions, local demand, pricing and rental potential to help you compare options that match your investment goals.

Service Plan

We put together a written plan and a clear fee: which jobs we do, how often, who pays for what, and how you will be kept up to date. Nothing starts until you sign, so there are no hidden costs and no surprise invoices.

Management

We take over the daily work: tenants, rent, repairs, bills and reports. You keep full control and receive a regular statement of income and costs.

Our Property Management Services in Cyprus

We act for the owner, not for the tenant. That rule decides how we set the rent, choose a tenant and handle a dispute. Our property management service in Cyprus can be full or partial, which is where we differ from most property management companies in Cyprus.

Rental and Tenant Management

Property rental management is the part owners feel first, because it is the part that pays. We price the property against what is really being paid nearby, find a tenant who can afford it, put the agreement in writing and register it, then make sure the rent arrives on time every month and chase it the week it does not.

Setting the right rent, based on real prices in the same street or complex.
Advertising the property and arranging viewings.
Checking tenants: identity, references, proof of income.
Preparing and registering the rental contract.
Collecting the rent and chasing late payments.
Handling deposits, check-in and check-out inventories.

Let MySpace Real Estate find your tenant and collect your rent - ask for a free rental estimate.

Maintenance, Inspections and Bills

Property maintenance Cyprus owners cannot supervise in person is where small faults turn into large bills. We inspect on a schedule, photograph what we find, deal with emergencies the same day, and keep the utility and municipality bills paid so that nothing is cut off while you are away from the island.

Regular inspections with a photo report.
Emergency call-outs: water leaks, power, air conditioning, appliances.
Planned works: painting, plumbing, electrics, air-conditioning servicing.
Pool, garden and cleaning services.
Water, electricity, internet and municipality bills paid on time.
Insurance arranged and renewed.

One local team for every repair - call MySpace Real Estate and stop chasing contractors from abroad.

Reporting, Common Expenses and Compliance

Common expenses Cyprus apartment blocks charge are a frequent source of argument, so we keep them in writing. You receive a statement, every invoice behind it, and a clear record of what was collected and paid on your behalf. The paperwork follows the law rather than local habit, which matters if a committee decision is ever challenged.

A monthly or quarterly statement of income and expenses.
Every invoice and receipt kept and shared with you.
Common expenses for apartment blocks collected and paid, in line with the Immovable Property Law, Cap. 224.
Work with the building management committee under Law 6(I)/1993.
Support with rental income tax and the annual tax return.
Contract renewals, notices and, where needed, legal steps against a bad tenant.

Clear reports, no guessing - see exactly what your property earns and spends every month.

Types of Property We Manage

Apartments and houses

Long-term homes for families and working professionals. We handle the tenant search, the contract, the rent collection and the repairs.

Villas and holiday homes

Seasonal care for second homes: pool, garden, deep cleaning and pre-arrival preparation. We work as villa rental management companies Cyprus owners can reach in one call.

Short-term and holiday rentals

Listing, guest check-in, cleaning between stays and pricing that moves with the season. Airbnb management Cyprus wide, run by people on the ground.

Commercial and common areas

Offices, shops and whole blocks: tenants, shared areas, and steady support for the building management committee through the year.

How Much Does Property Management Cost in Cyprus?

There is no single answer. Property management fees Cyprus agencies charge depend on the property, the area and how much of the work you hand over. We look at your property first, then give you a fixed written quote, and nothing starts before you accept it.

Package	What is included	Fee format
Rental management	Tenant search, contract, rent collection, basic reporting	% of the monthly rent
Care and maintenance	Inspections, repairs, bills, cleaning, pool and garden	fixed monthly fee
Full management	Everything above, plus common expenses, tax support and full reporting	agreed individually

Prices depend on the property type, location and the services you choose – send us the details and we will reply with a fixed quote.

Send us your property details and get a written quote with no obligation.

List Your Property

Who Needs a Property Manager in Cyprus?

If you are looking for trustworthy property manager Cyprus owners actually recommend, it usually starts from one of the five situations below.

You live outside Cyprus and cannot go and check on the property yourself.
You bought for investment and want steady rental income, not daily phone calls.
You visit your holiday home a few weeks a year and want it ready when you arrive.
You own several units and no longer have the time for tenants and repairs.
You are new to the island and do not know the local rules, prices or contractors.

Why Owners Choose Myspace Real Estate

Five reasons owners hand us the keys, and every one of them is something you can check for yourself before you sign anything.

01 A licensed Cyprus agency, Reg. #396665 and Licence #1047-229/E, so your contract and deposits are handled legally.
02 One named point of contact who answers in your own language, by phone, by WhatsApp or on Telegram.
03 Our own tenant base, built by the MySpace sales and rental desks, so the property is usually let faster.
04 Checked local contractors working at prices agreed in advance, with no mark-up games hidden in the invoice.
05 Clear monthly reporting, so that you always know what the property earns and what it costs to run.

Owners who buy to let usually start with our investment solution services, then move the finished property onto a management plan.

Investment Solution Services

Areas We Cover in Cyprus

Limassol is our home base, and each area has its own local team: property management Limassol, property management Paphos, property management Larnaca.

Limassol
Limassol Tourist Area and Germasogeia
Paphos
Larnaca
Ayia Napa and Protaras
Nicosia

Frequently Asked Questions About Property Management in Cyprus

What does a property management company in Cyprus do?

It takes the day-to-day running of a property off the owner. That covers finding and checking tenants, drawing up and registering the contract, collecting rent, arranging repairs, paying utility and municipality bills, handling common expenses, and reporting all of it back to you in writing every month.
How much do property management services cost in Cyprus?

It depends on the property and on how much you hand over. Rental-only work is normally charged as a percentage of the monthly rent. Care and maintenance is usually a fixed monthly fee. Full management is agreed case by case. We quote in writing after we have seen the property and understood how you use it, never before that.
Can you manage my property if I live abroad?

Yes, and most of our clients do. Distance is the reason the service exists. You get scheduled inspections with photographs, a named manager who answers in your own language, and a monthly statement, so you can see the condition of the place and the numbers behind it without booking a flight to check for yourself.
Who pays for repairs – the owner or the tenant?

As a rule the owner pays for repairs to the structure and the fixed installations, and the tenant pays for damage they caused and for small consumables. The rental agreement should say so in plain terms rather than leaving it to argument later, which is why we put the split in writing and photograph the condition at check-in.
What are common expenses and who collects them?

They are the shared running costs of a block: cleaning, lighting, lifts, the pool, insurance and the reserve fund. The building management committee sets and collects them from each owner. Where we manage your unit we pay them on your behalf, keep every receipt, and show them all in your monthly statement.
Can I stop the service if I am not happy?

Yes. The agreement sets a notice period, and once it has run you owe nothing further. We hand back the keys, the inventory, the tenant file and any money we hold for you. Nobody should stay with a manager only because leaving is difficult, and a contract written to make leaving hard is a warning sign worth spotting early.
Do you also manage short-term and holiday rentals?

Yes. Short lets need different work: listing and photographs, pricing that changes with the season, guest check-in, and cleaning between stays. It earns more in a good summer and it demands a great deal more attention through the season, so we always quote short lets separately from a long-term tenancy.