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Rent to Buy Property Search



If you are looking to buy a property with this very beneficial method, please enter relevant information for your search below. A brief description of the plan appears at the bottom of the page.

If no suitable results appear, you can complete our enquiry form to specify exactly what you are looking for and you will be contacted when an opportunity matching your requirements arises.

“Fox Smart Finance Plan” - Rent to Buy

This document outlines the important parameters of this scheme. The terms may vary and are negotiable between buyers and sellers. It also outlines the benefits of the scheme for both buyers and sellers. 

Scheme outline

  • An agreed sales price is reached by the seller and the buyer.
  • The buyer pays a down-payment to the seller, a five-year rental agreement is signed and the buyer takes possession of the property.
  • The buyer has the right to sub-let the property, but remains personally responsible for the payment of the rent to the seller.
  • The buyer has the option to purchase the property and settle the balance at pre-determined amounts at the end of the first, second, third, fourth or fifth year. The remaining balance decreases monthly as part of the rent payment is deducted from the total amount due to the seller.
  • The buyer may sell his option to a third party during the 5-year period under the same terms.
  • The buyer has the right not to proceed with the purchase at the end of the five-year term. If so, he relinquishes all money paid up to date.
  • The above decision, not to proceed, does not make financial sense as the buyer may sell his right to a third party at a profit.
  • The buyer’s right to purchase is valid as long as he does not delay his monthly payments. However, there is a provision for a small delay in payments during the option period.
  • The balance owed to the seller decreases with every monthly rental payment. The interest amount is determined by setting the rate between local bank deposit and loan interest rates. This way the finance charge is fair for both the buyer and the seller.
  • The deposit amount equals approximately 10% of the agreed sales price and is much lower than what would be required for bank financing.
  • The monthly rent has to be higher than the monthly interest charge so that the balance is reduced every month.
  • At the end of the five-year period, the balance should not exceed 85% of the initial agreed price.

Reasons why a Seller would be attracted to the scheme

  • The seller can sell his property at a fair price, instead of having the property on the market, without any income and paying interest on loans.
  • The seller generates positive cash flows. Firstly, a deposit amount is paid and then there is a monthly rent. If the buyer exercises his option the balance due is settled.
  • The seller finances the buyer for 5 years but during this time he earns interest. The interest rate exceeds the bank deposit rate and is calculated on the amount due to the seller.
  • If the buyer does not exercise his right to purchase, the seller does not refund any money that has already been collected.
  • From the moment the buyer takes possession of the property, he is responsible for all maintenance required.

Reasons why a Buyer would be attracted to the scheme

  • The terms of the financing provided by the seller are better than what banks are offering, e.g. lower interest rate, smaller deposit amount etc
  • The sales expenses are postponed for five years eg. stamp duty, transfer fees and bank charges. When they are incurred, they are calculated on lower amounts.
  • For some buyers this is the only financing they will get to afford the purchase of their home.
  • The option to purchase can be sold at a higher price; therefore it is suitable for investors. The buyers can also sub-let the property, if they wish.
  • Buyers can buy their dream home easier than ever before.
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: AR-69955
€39 /daily
  • 1 Bed
To Rent 1 Bedroom Apartment in Oroklini, Voroklini (oroklini), Larnaca
ONE BEDROOM SIDE SEA VIEW OROKLINI BEACH FRONT APARTMENT FOR SHORT TERM RENTALLocated in an ideal relaxing holiday destination in Oroklini beach front this one bedroom apartment is with balcony that enjoys a beautiful Side Sea View, kitchen / lounge area, shower and toilet room, one bedroom with double bed and optional 2 sofa beds making it ideal for a small family. Luxuriously fully furnished for…
Ref: AR-69955
€39 /daily
  • 1 Bed
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: AR-69959
€49 /daily
  • 1 Bed
  • 1 Bath
To Rent 1 Bedroom Apartment in Oroklini, Voroklini (oroklini), Larnaca
ONE BEDROOM FRONT SEA VIEW OROKLINI BEACH FRONT APARTMENT FOR SHORT TERM RENTAL Located in an ideal relaxing holiday destination in Oroklini beach front this one bedroom apartment is with balcony that enjoys a beautiful Front Sea View, kitchen / lounge area, bathroom and toilet room, one bedroom with double bed and optional 2 sofa beds making it ideal for a small family. Luxuriously fully furnished…
Ref: AR-69959
€49 /daily
  • 1 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: AR-69962
€50 /daily
  • 2 Bed
  • 1 Bath
To Rent 2 Bedroom Apartment in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this two bedrooms apartment is with balcony that enjoys a beautiful Side Sea View, kitchen / lounge area, bathroom and toilet room, one bedroom with double bed and one bedroom with two twin beds. Luxuriously fully furnished for self catering accommodation this holiday property comes with air conditioning, microwave, washing machine,…
Ref: AR-69962
€50 /daily
  • 2 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: AR-69963
€63 /daily
  • 2 Bed
  • 1 Bath
To Rent 2 Bedroom Apartment in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this two bedrooms apartment is with balcony that enjoys a beautiful Front Sea View, kitchen / lounge area, bathroom and toilet room, one bedroom with double bed and one bedroom with two twin beds. Luxuriously fully furnished for self catering accommodation this holiday property comes with air conditioning, microwave, washing…
Ref: AR-69963
€63 /daily
  • 2 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: HR-69967
€90 /daily
  • 3 Bed
  • 1 Bath
To Rent 3 Bedroom Detached House in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this three bedrooms two floors detached villa enjoys a private entrance and garden. It includes kitchen and living/dining room areas, family bathroom and guest toilet room, one bedroom with double bed and two bedrooms with two twin beds. Luxuriously fully furnished for self catering accommodation this holiday property comes with…
Ref: HR-69967
€90 /daily
  • 3 Bed
  • 1 Bath
Available
Property to Rent in Limassol, Potamos Germasogeias, Cyprus
Ref: AR-97379
€95-€120 /daily
  • 3 Bed
  • 2 Bath
To Rent 3 Bedroom Top floor Apartment in Potamos germasogeias, Limassol
The apartment is located just opposite to the sea in the tourist area , Potamos Germasogeia. Is close to all amenities, Mc Donald's, restaurants, coffee, main road, with easy access to the center and highway.Is close to the bus station and 40 minutes drive from Larnaca airport.The apartment is on the 4 th floor and has an open sea view.Can accommodate comfortably 6 persons.Has…
Ref: AR-97379
€95-€120 /daily
  • 3 Bed
  • 2 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: HR-69968
€105 /daily
  • 3 Bed
  • 1 Bath
To Rent 3 Bedroom Detached House in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this three bedrooms two floors detached villa enjoys a private entrance and garden. It includes kitchen and living/dining room areas, family bathroom and guest toilet room, one bedroom with double bed and two bedrooms with two twin beds. Luxuriously fully furnished for self catering accommodation this holiday property comes with…
Ref: HR-69968
€105 /daily
  • 3 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: HR-69970
€115 /daily
  • 4 Bed
  • 1 Bath
To Rent 4 Bedroom Detached House in Oroklini, Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this four bedrooms two floors detached villa enjoys a private entrance and garden and an amazing terrace area with sea view. It includes kitchen and living/dining room areas, family bathroom and guest toilet room, master bedroom with en suite bathroom and three additional bedrooms with two twin beds each. Luxuriously fully furnished…
Ref: HR-69970
€115 /daily
  • 4 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: HR-69971
€130 /daily
  • 4 Bed
  • 1 Bath
To Rent 4 Bedroom Detached House in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this four bedrooms two floors detached villa enjoys a private entrance and garden and a superior sea view. It includes kitchen and living/dining room areas, family bathroom and guest toilet room, master bedroom with en suite bathroom and three additional bedrooms with two twin beds each. Luxuriously fully furnished for self catering…
Ref: HR-69971
€130 /daily
  • 4 Bed
  • 1 Bath
Available
Property to Rent in Larnaca, Voroklini (oroklini), Cyprus
Ref: HR-69969
€130 /daily
  • 3 Bed
  • 1 Bath
To Rent 3 Bedroom Detached House in Oroklini, Voroklini (oroklini), Larnaca
Located in an ideal relaxing holiday destination in Oroklini beach front this three bedrooms two floors detached villa enjoys a private entrance and garden and an amazing sea view. It includes kitchen and living/dining room areas, family bathroom and guest toilet room, master bedroom with en suite bathroom, one double bedroom and a third bedroom with two twin beds. Luxuriously fully furnished for…
Ref: HR-69969
€130 /daily
  • 3 Bed
  • 1 Bath
Available
Property to Rent in Nicosia, Strovolos, Cyprus
Ref: OR-96639
€140 /mth.
Shared Office in Parisinos, Strovolos, Nicosia
Shared offices for rent in Strovolos, Nicosia. Water, electricity and internet are paid by the owner.
Ref: OR-96639
€140 /mth.
Available
Property to Rent in Limassol, Potamos Germasogeias, Cyprus
Ref: HR-51812
€140 /daily
  • 3 Bed
  • 1 Bath
To Rent 3 Bedroom Semi-detached House in Potamos germasogeias, Limassol
Fully renovated and fully furnished 3 bedroom semi detached house with garden. Located in Potamos Germasogeias. Modern furnishings fully equipped kitchen with breakfast/diner, guest wc, a/c – all rooms, central heating – all rooms, solar panels, 3 bedrooms, 2 wc’s, one with bathroom, outside shutters and electric shutter at the back, Garden is fenced and gated from the garage area offering rattan…
Ref: HR-51812
€140 /daily
  • 3 Bed
  • 1 Bath