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:	8.01	6.83
Mortgage as Percentage of Income:	57.11%	47.09%
Loan Affordability Index:	1.75	2.12
Price to Rent Ratio - City Centre:	13.89	21.99
Price to Rent Ratio - Outside of Centre:	13.10	20.47
Gross Rental Yield (City Centre):	7.20%	4.55%
Gross Rental Yield (Outside of Centre):	7.63%	4.89%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Belgium Edit	Difference
Apartment (1 bedroom) in City Centre	904.52 €	822.33 €	-9.1 %
Apartment (1 bedroom) Outside of Centre	692.80 €	694.57 €	+0.3 %
Apartment (3 bedrooms) in City Centre	1,657.50 €	1,233.71 €	-25.6 %
Apartment (3 bedrooms) Outside of Centre	1,363.42 €	1,049.51 €	-23.0 %
Buy Apartment Price	Cyprus Edit	Belgium Edit
Price per Square Feet to Buy Apartment in City Centre	256.64 €	339.12 €	+32.1 %
Price per Square Feet to Buy Apartment Outside of Centre	191.74 €	267.33 €	+39.4 %
Salaries And Financing	Cyprus Edit	Belgium Edit
Average Monthly Net Salary (After Tax)	1,507.21 €	2,387.90 €	+58.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.78	3.39	-10.4 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	134	204

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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