Property Prices Comparison Between Cyprus and Germany

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

City in Cyprus:
City in Germany:

Index	Cyprus	Germany
Price to Income Ratio:	7.97	9.39
Mortgage as Percentage of Income:	56.85%	68.16%
Loan Affordability Index:	1.76	1.47
Price to Rent Ratio - City Centre:	13.79	28.72
Price to Rent Ratio - Outside of Centre:	13.10	30.51
Gross Rental Yield (City Centre):	7.25%	3.48%
Gross Rental Yield (Outside of Centre):	7.63%	3.28%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Germany Edit	Difference
Apartment (1 bedroom) in City Centre	911.29 €	926.71 €	+1.7 %
Apartment (1 bedroom) Outside of Centre	692.80 €	701.22 €	+1.2 %
Apartment (3 bedrooms) in City Centre	1,667.90 €	1,711.29 €	+2.6 %
Apartment (3 bedrooms) Outside of Centre	1,363.42 €	1,301.54 €	-4.5 %
Buy Apartment Price	Cyprus Edit	Germany Edit
Price per Square Feet to Buy Apartment in City Centre	256.64 €	545.71 €	+112.6 %
Price per Square Feet to Buy Apartment Outside of Centre	191.74 €	439.75 €	+129.3 %
Salaries And Financing	Cyprus Edit	Germany Edit
Average Monthly Net Salary (After Tax)	1,514.10 €	2,823.69 €	+86.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.78	3.98	+5.2 %
Last update:	April 2024	May 2024
Contributors in the past 12 months:	135	1154

Country data (source The World Bank, 2024)	Cyprus	Germany
GDP Per Capita (PPP) ($) :	45,000.00	54,000.00
GDP Growth Rate:	5.06	1.81
Population Growth Rate:	1.00	-0.12

Moving to Cyprus? Explore:

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Other comparisons Cyprus vs Germany:

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