Energy Performance Certificates have been required on all properties in Cyprus since 2012 – from landlords to new tenants and from sellers to prospective purchasers – in fact all properties should have one whether or not they are up for sale.
Properties built after January 10, 2007 will already be graded A or B.
An EPC is valid for 10 years and must be presented for all homes whether they are being built, sold or rented. Such an inspection can be carried out by a civil engineer.
Licensed inspectors from the Ministry of Commerce are authorized to visit properties and request an Energy Performance Certificate. If there isn’t an EPC time will be given to the owner(s) to arrange for the inspection by a civil engineer who will then issue an EPC. Failure to comply with the request from a licensed inspector of the Ministry of Commerce for an Energy Performance Certificate will result in a fine of up to Euros 30,000 (Thirty Thousand).
The reason for an Energy Performance Certificate is to enable prospective purchasers, owners or tenants to compare the energy efficiency of different properties of the same type – it gives an estimation of higher or lower fuel costs which need to be taken into consideration. There are also, of course, variables such as whether or not individuals switch off lights and appliances when not in use, and whether low-energy light bulbs are installed or how long heating and air conditioning is used which contribute to energy consumption and cost.
At the present time the lack of an Energy Performance Certificate does not prevent the transfer of title deeds from a seller to a new buyer.