How To Rent Your Investment Property Quickly In Paphos Cyprus <BR> 7 Top Tips
So, you made a big decision. You have purchased a property
with your well earned income and now it's time to make it
pay. You may have purchased your new villa solely as an
income earner or you may have purchased it with the
intention of settling here in sunny Paphos once you retire.
Whatever the reason, if the property is to pay for itself
you will want to find the best possible tenant and to do
that, you want to make it stand out as the best long term
rental in Paphos.
A good tenant is looking for exactly what you would be
looking for yourself. They are looking for comfort,
quality, a homely atmosphere and a property that shines
amongst the many on the market, so why not put yourself in
the shoes of the kind of person you would like to see
living in your property. It goes without saying that if you
have bought a top class property and then furnish it with
second class furniture it will struggle to attract top of
the range tenants in a competitive market.
If you personally would be looking for a lounge suite that
you can curl up on to watch TV why expect anyone else to
sit straight backed on holiday type furniture. 'Don't spoil
the ship for a h'apeth of tar'.
In order to achieve good rates you need to give your
property that Wow factor. Read on for some common sense
advice on initial steps to look at when getting your
property ready.
1) Your property may have been the first to be completed on
your new development and although this is splendid for you,
no tenant will actively look to live on a building site?
Consider your timing and be realistic with your price for
the first year if you do wish to rent it as soon as
possible.
2) Review your villa critically from a renter's point of
view. What essentials are missing i.e. do you have a shower
rail round your bath? Are you able to pay a little
attention to details without spending a lot of money to
catch the eye? Presentation is paramount - pretty candles
catch the eye. It shows the homeowner has some pride and
taste. Ladies appreciate the visual aspect as much as
cleanliness. Plastic flowers together with banal, badly
framed pictures are not going to impress many if you have
spent good money on your investment.
3) Check that all the utilities are working properly. It is
essential that the water pressure is adequate if you wish
to successfully rent a villa in Paphos. Air-conditioning is
also expected as the normal.
4) If you expect your tenants to look after your
investment, provide them with the niceties such as coasters
to prevent marks on table tops and nice throws for the
lounge suite. Most people will make use of these items if
they are there but will not necessarily make the purchase
themselves.
5) A good quality bed and mattress can make the difference
if a tenant has the choice between two similar properties.
Everyone tests the beds!
6) If you have a well planned outdoor space, make your
property stand out from the rest. This could extend the
living areas on offer if you make it a pleasant place to
be. Whether it is a balcony or patio, decorate it with pot
plants, provide sun loungers, BBQ and good quality outdoor
dining furniture.
7) Buy furniture and utensils that are durable. Tenants
tend to treat better quality items with respect and care.
You will also not have to replace them so often if they can
stand more wear and tear. Do not leave anything in the
property that you treasure and would be upset to lose.
Accidents do happen and you want your tenants to feel it is
their home for the term of their tenancy rather than them
intruding into yours. An inventory is also a good idea for
everyone to check and sign at the outset. This avoids any
confusion at the end of the tenancy.
None of this needs to break the bank and your investment
will pay for itself time and again by not sitting empty for
months, creating for you the best rent possible and finding
tenants that are not only happy to pay for quality but who
will look after your property for you as if it were their
own home.
Advertising is the backbone of successfully marketing your
property. In order to get the most from your advertising
you'll need to have good clear information on the property
and location, great photos and a sensible, realistic price
in mind. Consider advertising locally and through an agent
and think about how much money you wish to spend and how
big a market you wish to reach.
Following the above Top Tips will assist you to rent your
property quickly and to the type of tenants that will
respect your property as they would their own.
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Written by Roy Carter. For further information, advice or
an assessment of your property contact Roy via the website.
http://www.rent-a-villa-in-paphos.com
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