Electricity is perhaps the only more significant part of the cost, which is more than covered by other “savings”
The annual property tax is just a penny, paying 300 liras (~15 euros) per year for a 100-meter apartment is just a gift.
At the same time, there are no progressive scales or by the number of prescribed ones.
Water costs about 6-10 euros per month and splash as much as you want.
But electricity compensates for all these joys.
Although there is a possibility of savings here, taking into account the hours of consumption:
If you don’t deny yourself anything in very hot or very cold months and turn on air conditioners for 8 hours at night, then in the end you get not so much – 180 lira or 20 euros per month for air conditioning. Recalculate for their number in the house and here is your monthly expense. In the off-season, 6-8 months a year, you can not use air conditioners at all. So it’s not all bad.
Consider the average cost and consumption of the main appliances in the house according to TRNC statistics per month.
How much do household appliances consume?
✔️The refrigerator consumes 14 kW per month, that is, 14 liras or 2 euros per month.
✔️Computer consumption on average 3 hours a day will cost 1 euro per month.
✔️Dishwasher 1 hour per day of consumption comes out 54 liras or 6.5 euros per month. Multiply by your usage hours.
✔️The dryer works 1.5 hours a day and consumes 90 kW or 10 euros per month.
✔️There is a water pump in every house and it is used 1 hour a day, and the consumption per month is not more than 23 liras or 2.5 euros per month.
✔️ A light bulb 💡 working on average 3 hours a day is 7 liras or 0.8 euros per month.
✔️The average use of a washing machine is 1.5 hours per day, and the consumption of 50 kWh/month is 50 lire or 5.7 euros per month
According to the local electric company, the average consumption of electricity in a single-family apartment is 610 kW per month.
Cyprus has year-round sunshine and every bathroom has windows. Therefore, the only thing that eats electricity is air conditioners and electric heating systems.
If we translate this into money, then the expense, taking into account the gradation by the hour, is 515 lira per month, or 58 euros.
In practice, the electricity bill in an apartment starts from 50-60 euros per month and then depends on the size of the living space, the number of residents and their habits and preferences.
In a villa with a pool, the average bill per month starts from 130-260 euros per month, depending on the season. And then it depends on the availability of a swimming pool, an electric heating system and the number of all kinds of equipment and air conditioners.
15% discount on electricity from April 1,
if you consume less than 300 kW per month (half of the norm), for example, you are very economical or have a rest for only 2 weeks per month in Cyprus, then starting from April 1, there is an additional 15% discount💡
You can pay electric bills online in a special application. You can also pay in online banking automatically if you have an account with a local bank. I put money into the account and let it pay for myself so that I don’t have to worry about it when I’m away. And if no one lives, then after all, the bills will be almost zero, maybe just a couple of lira will drip for the included refrigerator.
We help our clients who have bought real estate to open accounts and connect electricity completely free of charge, as well as solve any other household issues, furniture, kindergartens, schools, residence permits
