Long-Term vs Short-Term Rentals in Cyprus: Which Is Better for Property Owners?Introduction

One of the most common questions property owners ask in Cyprus is whether they should rent their property long-term or operate it as a short-term rental (Airbnb style).

Both options can be profitable, but the best choice depends on location, property type, time availability, and risk tolerance.

At Properway, we support property owners across Cyprus — especially in Larnaca and Nicosia — with professional rental management services.

Long-Term Rentals: Stable and Predictable

Long-term rentals typically involve a tenant renting the property for 12 months or more.

Benefits of Long-Term Rentals

Stable monthly income

Lower vacancy risk

Less wear and tear from frequent guest turnover

Less operational workload

Easier budgeting and planning

Challenges of Long-Term Rentals

Rental income may be lower than short-term potential

Tenant issues may require professional handling

Property condition must be monitored with inspections

Long-term rentals are ideal for owners who want stable returns and minimal involvement.

Short-Term Rentals: Higher Potential, Higher Workload

Short-term rentals are often advertised on platforms like Airbnb or Booking.com and can generate strong income in high-demand areas.

Benefits of Short-Term Rentals

Higher income potential during peak seasons

Flexibility (owner can use the property at times)

Ability to adjust pricing frequently

Challenges of Short-Term Rentals

Frequent cleaning and turnover

Constant guest communication

Higher maintenance needs

Seasonal fluctuations in demand

Strong competition in tourist areas

Short-term rentals can be excellent, but only when managed professionally.

Which Option Is Best in Cyprus?

Here is a simple guideline:

Long-Term Rentals Work Best When:

The property is in residential demand areas

The owner wants stability

The property is not designed for tourism

The owner is abroad and wants minimal involvement

Short-Term Rentals Work Best When:

The property is in tourist zones or near beaches

The property is furnished and guest-ready

The owner is aiming for maximum income

Professional management is available

In many cases, owners in Cyprus benefit from a hybrid approach: short-term in peak seasons and longer stays in winter.

How Properway Helps Owners Choose the Right Strategy

Properway supports owners by providing:

Market guidance on rental demand

Full long-term management services

Full short-term management services

Maintenance and inspection support

Tenant and guest handling

Our goal is to maximize income while protecting the asset.

Conclusion

There is no single best option — but there is a best option for your specific property. With the right management, both long-term and short-term rentals can deliver excellent returns in Cyprus.

📩 welcome@properway.co

📞 +357 96 441582

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