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:	9.49	8.04
Mortgage as Percentage of Income:	68.85%	57.18%
Loan Affordability Index:	1.45	1.75
Price to Rent Ratio - City Centre:	28.97	13.86
Price to Rent Ratio - Outside of Centre:	30.62	13.06
Gross Rental Yield (City Centre):	3.45%	7.22%
Gross Rental Yield (Outside of Centre):	3.27%	7.66%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Germany Edit	Cyprus Edit	Difference
Apartment (1 bedroom) in City Centre	923.96 €	903.95 €	-2.2 %
Apartment (1 bedroom) Outside of Centre	700.72 €	690.42 €	-1.5 %
Apartment (3 bedrooms) in City Centre	1,708.47 €	1,665.82 €	-2.5 %
Apartment (3 bedrooms) Outside of Centre	1,312.40 €	1,378.49 €	+5.0 %
Buy Apartment Price	Germany Edit	Cyprus Edit
Price per Square Feet to Buy Apartment in City Centre	549.20 €	256.64 €	-53.3 %
Price per Square Feet to Buy Apartment Outside of Centre	442.84 €	191.74 €	-56.7 %
Salaries And Financing	Germany Edit	Cyprus Edit
Average Monthly Net Salary (After Tax)	2,814.09 €	1,501.44 €	-46.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.98	3.75	-5.7 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	1139	133

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

Moving to Germany? Explore:

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Other comparisons Germany vs Cyprus:

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