i know there are numerous posts regarding this but i would like to ask with regards to my situation - there is myself 44, my daughters 20 and 27 and my grandson 4.
we have got roughly 45k savings and are looking to long term rent in or around the pafos area.
the basic idea was my daughters got jobs ( youngest is graphic designer got a national diploma in fine art etc) and the oldest well just anything really to help with the rent (cleaning, bar work etc.)
and for me to really help with regards to taking granson school (state) and if i could get something fit in with that great.
as well as savings and as i have read the wages (cyp400 month each) my daughter would get roughtly cyp180 month maintenance.
i am wondering with this initial breakdown of finances would we realistically be able to move and be ok or would we really struggle
we dont want a fantastic villa with pool etc we just want a nice home i have looked on a few sites and got an idea of renting something between cyp 400 - 500?? and have spoke to a few rental agents on phone and they say we would be ok but id just like to ask this forum because you are all doing it and i would like a honest answer so we dont all end up homeless!! thanks