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Cyprus Penthouses

Cyprus penthouses for sale are becoming popular due to their esteemed image, privacy and panoramic views. There are two sorts of penthouses in Cyprus: first is a single property on the top floor and penthouses that consist of two or three properties on the top floor. When discussing about property for sale in Cyprus, make sure you fully understand which type of penthouse is being referred to.

Penthouses are usually located in new developments with shared common expenses. Buying a penthouse consider on the additional yearly charges to your property. Below you may find some useful information about such developments.

Housing Committee

Every apartment block usually has a voluntary housing committee that is made up of a number of residents who deals with the accounts, administer the building's rules, manages complaints and are available to discuss any issues with each tenant of the building.

Common Expenses

Members of committee calculate the monthly common expenses, which cover: maintaining and cleaning of the common areas, lift and communal pool maintenance and electricity costs of lighting in common areas. These expenses are usually calculated per square meter of the total living area in each property with covered and uncovered living areas included.

Penthouse Privacy

Ensure that whether the roof has common access you will not be overlooked by anyone who is living in the apartment block when somebody will decide to go on the roof.

Common Areas

The roof considered as common area so that the costs of repairs and maintenance of the roof is shared between the tenants.

Roof Insulation

Buying a penthouse in Cyprus ensure that the roof has proper insulation as in the summer periods it may be very hot in this penthouse due to the climate.

Property Maintenance

All the water tanks and solar systems are usually placed above the building on the roof. Consider buying a penthouse unsure personally and through a committee that they are properly maintained and in perfect condition, as they may start leaking.

Lifts to a Penthouse

Ensure that lifts in the building are in proper condition and regularly maintained. It will be very uncomfortable to go by foot on the top of the building in case of a lift’s damage.

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