Property Prices Comparison Between Germany and Cyprus

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

City in Germany:
City in Cyprus:

Index	Germany	Cyprus
Price to Income Ratio:	9.95	7.36
Mortgage as Percentage of Income:	69.81%	50.16%
Loan Affordability Index:	1.43	1.99
Price to Rent Ratio - City Centre:	34.91	11.21
Price to Rent Ratio - Outside of Centre:	33.65	10.74
Gross Rental Yield (City Centre):	2.86%	8.92%
Gross Rental Yield (Outside of Centre):	2.97%	9.31%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Germany Edit	Cyprus Edit	Difference
Apartment (1 bedroom) in City Centre	839.57 €	988.69 €	+17.8 %
Apartment (1 bedroom) Outside of Centre	624.15 €	729.73 €	+16.9 %
Apartment (3 bedrooms) in City Centre	1,528.24 €	1,796.04 €	+17.5 %
Apartment (3 bedrooms) Outside of Centre	1,166.84 €	1,421.96 €	+21.9 %
Buy Apartment Price	Germany Edit	Cyprus Edit
Price per Square Feet to Buy Apartment in City Centre	597.06 €	225.58 €	-62.2 %
Price per Square Feet to Buy Apartment Outside of Centre	433.05 €	164.82 €	-61.9 %
Salaries And Financing	Germany Edit	Cyprus Edit
Average Monthly Net Salary (After Tax)	2,786.62 €	1,426.80 €	-48.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.59	3.26	-9.3 %
Last update:	October 2023	September 2023
Contributors in the past 12 months:	1100	171

Country data (source The World Bank, 2019)	Germany	Cyprus
GDP Per Capita (PPP) ($) :	53,919.00	39,545.00
GDP Growth Rate:	0.59	3.08
Population Growth Rate:	-0.21	1.11

Moving to Germany? Explore:

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Other comparisons Germany vs Cyprus:

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