Property Prices in Famagusta, Cyprus

Index Info
Price to Income Ratio: 5.18
Mortgage as Percentage of Income: 64.18%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 17.62
Price to Rent Ratio - Outside of Centre: 16.12
Gross Rental Yield (City Centre): 5.67%
Gross Rental Yield (Outside of Centre): 6.20%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 300.00 $
Apartment (1 bedroom) Outside of Centre 280.00 $
Apartment (3 bedrooms) in City Centre 400.00 $
Apartment (3 bedrooms) Outside of Centre 350.00 $
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 94.67 $
Price per Square Feet to Buy Apartment Outside of Centre 78.89 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 901.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00

These data are based on 9 entries in the past 18 months from 2 different contributors.
Last update: July 2021

Sources and References
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