Cyprus, Nicosia

Is it expensive to maintain property in Northern Cyprus?

Updated: 3 months ago
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Monthly rates depend on the area of your properties, infrastructure, and additional property maintenance services.

In any case, the final expenses consist of payments to the Management Company (garbage disposal, general maintenance of the housing), water, and electricity consumption. Here are the approximate figures for 2024.

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Housing Maintenance in Northern Cyprus

The cost of maintaining a residential complex or house depends on the level of the property. This includes cleaning common areas, garbage disposal, and a number of other services. Such services in the most basic house will cost 50 euros per month.

If your apartment or office is in a comfort or business-class residential complex, then maintaining the territory, SPA center, pool, and security will cost from 150 euros per month.

There are also mid-range options — in a simpler complex with a pool but without SPA center services included, the payment for a 1+1 apartment is about 100 euros.

Electricity in Northern Cyprus

The parameter is even more individual; some people do not use the air conditioner and turn on the heater once a day for half an hour, while others have all these devices running around the clock. And if there are three air conditioners, the bills can be quite substantial.

But in general, for a 1+1 apartment with moderate use of the air conditioner and boiler, the payment will average about 100 euros per month. Current electricity rates can be found on this page of the Kib-Tek resource provider or in the pdf file with the approved rates for July 12, 2024.

Water Supply in Northern Cyprus

If your complex is connected to the central water supply, then when paying through the management company administration, 10 cubic meters of water costs 250 lira.

When ordering delivered water in tanks, the cost per cubic meter is lower, but suppliers may add the cost of additional services.

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Gas Supply in Northern Cyprus

There is no central gas supply in Northern Cyprus, but in many apartments and especially in private houses, gas cylinders are used. As of summer 2024, a gas cylinder exchange costs 415 lira; if there is no exchange cylinder, it will need to be purchased for about 1000 lira.

Frequently Asked Questions about Utilities in Northern Cyprus

How to pay for electricity in TRNC?

The electricity provider is Kib-Tek, and its services can be paid for in several ways: at Kib-Tek payment points, online through the Kib-Tek website, online through the Pay Point Cyprus website, or through the Northern Cyprus bank app. For more details on all the ways, read our article on paying for electricity in TRNC.

Can I save money with solar panels?

You won't save money, but you can achieve autonomy. In theory, you can also supply electricity to the grid and slightly offset the costs of the equipment. We wrote about this in our article on installing solar panels in Northern Cyprus.

Who to call in case of a power outage?

Power outages can be centralized (and there is nothing you can do about it) or local — in case of non-payment or a local malfunction. In the latter case, you need to call the special numbers of the Kib-Tek company. Each area has its own numbers, here is the list.

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MURAD GASYM-ZADE
MURAD GASYM-ZADE
CEO of Cyprus-FAQ

Real Estate Specialist in Northern Cyprus

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