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shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 21:52

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Message 1 of 23 in Discussion

i rented an apartment two years ago for 150 for a week.the person owning it now wants 350 for the same apartment and is citing a large increase in electricity as the reason.has it risen that much or am i being conned a little.please help



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
01/08/2010 22:01

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Message 2 of 23 in Discussion

350 per week!!! Jesus, how luxurious is this apartment??



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:05

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Message 3 of 23 in Discussion

its small and to be honest i think it is overpriced but am not really aware of the cost in other apartments in the area to be honest.



millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
01/08/2010 22:06

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Message 4 of 23 in Discussion

Have you not considered that maybe two years ago at 150 a week they were actually giving it away and have finally now come to their senses and want a decent rate for it! Who was conning who!



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
01/08/2010 22:08

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Message 5 of 23 in Discussion

But per week! When our house was rented it was 350 per month. It seems a little too high for me even if it included the bills. Plus it is only small (msg 3)



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:11

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Message 6 of 23 in Discussion

millzer maybe linny has answered for me



the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
01/08/2010 22:27

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Message 7 of 23 in Discussion

Hi.



I charge 300 per week for a detached bungalow in it's own garden, overlooking a huge communal pool.



This isn't enough really by the time you have paid for tax, cleaning, laundry and water plus electricity in the summer months with some people running the ac 24/7. Unfortunately there is so much competition out there, you have to keep the prices artificially low. msg5 there is a big difference between renting for holiday lets and renting long term. For holiday lets the owner pays all the bills for long term the renter pays all the bills.



The butlers wife



millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
01/08/2010 22:27

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Message 8 of 23 in Discussion

Message 5. You cannot compare long term monthly rental prices with short term holiday let prices end of!



Ok I accept that properties can be different and if its a really small 1 bed basically furnished in a poor location then no I would not pay 350 per week, BUT there are others; larger, nicely located, better furnished, facilities etc, that command this much and more.



Something is only worth what someone is prepared to pay for it and it may be that Shayneward is not prepared to pay it but there will be others that are. Horses for courses as they say. Some people just want something for nothing!



Message 6, Shayneward maybe linny hasn't



millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
01/08/2010 22:34

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Message 9 of 23 in Discussion

Butler, absolutely spot on, BUT, I will not let my price drop 'artificially low' as you say. I have spent an awful lot of time (and money) to make the place as good as it can possibly be and feel its worth every penny of what I ask and if someone wants it, fine, if they don't, fine also. As I said, horses for courses.



Ok I understand if people HAVE to let their property to make it pay then they will be under pressure from the 'markets' to compete but fortunately I don't, and won't.



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:35

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Message 10 of 23 in Discussion

fair comment millzer.as it happens i am aware that at this moment in time this particuler apartment has not been rented at all this summer but this i guess could have nothing to do with the price.i meanwhile am staying in the same complex paying the same price for a larger apartment with an extra bedroom which i have used before and am pleased to be staying there again.



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:37

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Message 11 of 23 in Discussion

butler, thanks for your comments your comments are good and you have explained a few points i was not aware of .



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
01/08/2010 22:39

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Message 12 of 23 in Discussion

Sorry, I stand corrected. When he said he was paying 150 per week for two years, I was reading it as a long term rental. In that case.......no it's not too expensive. In fact it's quite cheap.



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:43

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Message 13 of 23 in Discussion

in that case i am more than pleased with my price .it seems more than fair



millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
01/08/2010 22:47

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Message 14 of 23 in Discussion

Shaneward, as Butler says some people will keep their prices very low just to compete and if you've rented somewhere for the price you want to pay for the standard you want (or better) then thats great and I wish you a great time and happy holidays.



Personally I would rather have less renters paying a decent price for what the place is really worth and still have a nice property for myself to go to every few months than have it let out all summer for a pittance. You also tend to find that people who are prepared to pay more tend to respect and look after it better. Not in EVERY case I might add, but generally speaking that holds tru in my experience.



Take a look at some other places around europe and see what apartments are going for if you think 350 in high season is expensive, and before anyone else says 'yeah but this is North Cyprus', yeah I know that.



millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
01/08/2010 22:50

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Message 15 of 23 in Discussion

Message 12, ok linny I understand now. I guess most of us are guilty at times of jumping onto the first written word that goes on this forum, which is exactly what I did until you'd had the chance to correct yourself



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 22:51

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Message 16 of 23 in Discussion

fair comment .millzer i can see your point of view regards renting out your apartment and i hope people treat it with respect.i think as you say in high season it is a resonable price to pay



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
01/08/2010 22:56

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Message 17 of 23 in Discussion

No problem, again I misread the original post.



Shayneward, I wish you luck in finding somewhere that suits you. You'll find loads of properties on here that are being rented out from 300 per week upwards.



zerochlor


Joined: 03/04/2009
Posts: 4024

Message Posted:
01/08/2010 23:06

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Message 18 of 23 in Discussion

shayneward.



I wonder how good your tribute act is ?



any videos of you on youtube or can you be heard anywhere.



Theres a few places here that would love to pay you to sing here ?



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
01/08/2010 23:30

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Message 19 of 23 in Discussion

Zero, I was thinking the same especially if he looks like him too mmmmmmmmm



zerochlor


Joined: 03/04/2009
Posts: 4024

Message Posted:
01/08/2010 23:45

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Message 20 of 23 in Discussion

message 19.



if he does look like him,he is doing well.



the real mcoy is early 20s



this guy is 40s



but hey,look at me 80



dash 70


Joined: 17/01/2008
Posts: 56

Message Posted:
01/08/2010 23:48

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Message 21 of 23 in Discussion

my wife would love to hear you sing over in north cyprus plus if you look anything like him god help you,she loves him so muuuuuch.



shayneward


Joined: 01/08/2010
Posts: 107

Message Posted:
01/08/2010 23:53

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Message 22 of 23 in Discussion

zero you have got me .i am the big 40 and my chances of singing for money have sadly passed.maybe i should change my act



Linnyloos


Joined: 30/11/2008
Posts: 483

Message Posted:
02/08/2010 00:20

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Message 23 of 23 in Discussion

Zero you are NEVER 80!! My god, if that's what Cyprus does for you I think I'll move over soon. You look GREAT



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