Property Prices in Larnaca, Cyprus

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Index
Price to Income Ratio:	9.72
Mortgage as Percentage of Income:	64.79%
Loan Affordability Index:	1.54
Price to Rent Ratio - City Centre:	12.84
Price to Rent Ratio - Outside of Centre:	12.74
Gross Rental Yield (City Centre):	7.79%
Gross Rental Yield (Outside of Centre):	7.85%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,000.00 €	800.00-1,200.00
Apartment (1 bedroom) Outside of Centre	723.33 €	500.00-900.00
Apartment (3 bedrooms) in City Centre	1,571.43 €	900.00-2,800.00
Apartment (3 bedrooms) Outside of Centre	1,259.29 €	800.00-1,850.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	245.42 €	185.80-371.61
Price per Square Feet to Buy Apartment Outside of Centre	184.02 €	125.42-260.13
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,188.89 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.02	2.50-3.50

These data are based on 119 entries in the past 18 months from 22 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

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Property Prices in Nicosia	28.59 miles
Property Prices in Famagusta	33.22 miles
Property Prices in Limassol	42.85 miles
Property Prices in Ypsonas	47.35 miles
Property Prices in Lapithos	54.43 miles
Property Prices in Paphos	95.17 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	45,000.00
GDP Growth Rate:	5.06%
Population Growth Rate:	1.00%