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:	7.97	13.37
Mortgage as Percentage of Income:	56.87%	101.19%
Loan Affordability Index:	1.76	0.99
Price to Rent Ratio - City Centre:	13.75	25.37
Price to Rent Ratio - Outside of Centre:	13.08	25.60
Gross Rental Yield (City Centre):	7.27%	3.94%
Gross Rental Yield (Outside of Centre):	7.64%	3.91%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	914.87 €	500.71 €	-45.3 %
Apartment (1 bedroom) Outside of Centre	695.13 €	399.88 €	-42.5 %
Apartment (3 bedrooms) in City Centre	1,670.37 €	832.89 €	-50.1 %
Apartment (3 bedrooms) Outside of Centre	1,363.42 €	699.80 €	-48.7 %
Buy Apartment Price	Cyprus Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	256.64 €	248.68 €	-3.1 %
Price per Square Feet to Buy Apartment Outside of Centre	191.74 €	204.91 €	+6.9 %
Salaries And Financing	Cyprus Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,513.65 €	913.14 €	-39.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.78	4.47	+18.1 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	134	352

Country data (source The World Bank, 2024)	Cyprus	Greece
GDP Per Capita (PPP) ($) :	45,000.00	31,700.00
GDP Growth Rate:	5.06	5.56
Population Growth Rate:	1.00	-0.35

Moving to Cyprus? Explore:

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Other comparisons Cyprus vs Greece:

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