Property Prices Comparison Between Cyprus and Belgium

For major cities in those countries you get more relevant data by specifying cities.

City in Cyprus:
City in Belgium:

Index	Cyprus	Belgium
Price to Income Ratio:	7.94	5.87
Mortgage as Percentage of Income:	57.99%	39.07%
Loan Affordability Index:	1.72	2.56
Price to Rent Ratio - City Centre:	13.77	21.46
Price to Rent Ratio - Outside of Centre:	12.52	20.32
Gross Rental Yield (City Centre):	7.26%	4.66%
Gross Rental Yield (Outside of Centre):	7.99%	4.92%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Belgium Edit	Difference
Apartment (1 bedroom) in City Centre	946.90 €	831.26 €	-12.2 %
Apartment (1 bedroom) Outside of Centre	733.92 €	706.16 €	-3.8 %
Apartment (3 bedrooms) in City Centre	1,725.00 €	1,262.20 €	-26.8 %
Apartment (3 bedrooms) Outside of Centre	1,381.32 €	1,051.59 €	-23.9 %
Buy Apartment Price	Cyprus Edit	Belgium Edit
Price per Square Feet to Buy Apartment in City Centre	265.73 €	336.14 €	+26.5 %
Price per Square Feet to Buy Apartment Outside of Centre	190.12 €	268.27 €	+41.1 %
Salaries And Financing	Cyprus Edit	Belgium Edit
Average Monthly Net Salary (After Tax)	1,545.58 €	2,768.91 €	+79.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.05	2.99	-26.2 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	132	248

Country data (source The World Bank, 2024)	Cyprus	Belgium
GDP Per Capita (PPP) ($) :	45,000.00	53,300.00
GDP Growth Rate:	5.06	3.01
Population Growth Rate:	1.00	0.55

Moving to Cyprus? Explore:

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Other comparisons Cyprus vs Belgium:

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