Property Prices Comparison Between Cyprus and Greece

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

City in Cyprus:
City in Greece:

Index	Cyprus	Greece
Price to Income Ratio:	8.67	13.16
Mortgage as Percentage of Income:	65.53%	100.92%
Loan Affordability Index:	1.53	0.99
Price to Rent Ratio - City Centre:	15.22	27.19
Price to Rent Ratio - Outside of Centre:	14.51	27.30
Gross Rental Yield (City Centre):	6.57%	3.68%
Gross Rental Yield (Outside of Centre):	6.89%	3.66%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	924.90 €	480.98 €	-48.0 %
Apartment (1 bedroom) Outside of Centre	739.09 €	394.15 €	-46.7 %
Apartment (3 bedrooms) in City Centre	1,729.35 €	815.55 €	-52.8 %
Apartment (3 bedrooms) Outside of Centre	1,412.28 €	675.23 €	-52.2 %
Buy Apartment Price	Cyprus Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	290.28 €	258.21 €	-11.0 %
Price per Square Feet to Buy Apartment Outside of Centre	223.34 €	213.33 €	-4.5 %
Salaries And Financing	Cyprus Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,594.46 €	964.19 €	-39.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.45	4.62	+3.8 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	128	390

Country data (source The World Bank, 2024)	Cyprus	Greece
GDP Per Capita (PPP) ($) :	53,400.00	36,900.00
GDP Growth Rate:	2.61	2.33
Population Growth Rate:	0.95	-0.35

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Other comparisons Cyprus vs Greece:

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