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:	8.50	8.40
Mortgage as Percentage of Income:	61.72%	63.22%
Loan Affordability Index:	1.62	1.58
Price to Rent Ratio - City Centre:	27.84	14.93
Price to Rent Ratio - Outside of Centre:	28.79	14.36
Gross Rental Yield (City Centre):	3.59%	6.70%
Gross Rental Yield (Outside of Centre):	3.47%	6.96%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Germany Edit	Cyprus Edit	Difference
Apartment (1 bedroom) in City Centre	889.15 €	918.80 €	+3.3 %
Apartment (1 bedroom) Outside of Centre	670.59 €	723.32 €	+7.9 %
Apartment (3 bedrooms) in City Centre	1,655.50 €	1,713.92 €	+3.5 %
Apartment (3 bedrooms) Outside of Centre	1,254.24 €	1,385.54 €	+10.5 %
Buy Apartment Price	Germany Edit	Cyprus Edit
Price per Square Feet to Buy Apartment in City Centre	509.49 €	282.59 €	-44.5 %
Price per Square Feet to Buy Apartment Outside of Centre	398.24 €	216.59 €	-45.6 %
Salaries And Financing	Germany Edit	Cyprus Edit
Average Monthly Net Salary (After Tax)	2,872.23 €	1,599.87 €	-44.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.98	4.40	+10.7 %
Last update:	24 May 2025	21 May 2025
Contributors in the past 12 months:	1128	125

Country data (source The World Bank, 2024)	Germany	Cyprus
GDP Per Capita (PPP) ($) :	63,600.00	53,400.00
GDP Growth Rate:	-0.27	2.61
Population Growth Rate:	-0.12	0.95

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