Property Prices in Larnaca, Cyprus

Index Info
Price to Income Ratio: 6.72
Mortgage as Percentage of Income: 44.02%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 10.80
Price to Rent Ratio - Outside of Centre: 10.18
Gross Rental Yield (City Centre): 9.26%
Gross Rental Yield (Outside of Centre): 9.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 838.57 € 540.00-1,100.00
Apartment (1 bedroom) Outside of Centre 612.14 € 450.00-850.00
Apartment (3 bedrooms) in City Centre 1,507.14 € 800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,100.00 € 700.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 183.48 € 153.29-204.38
Price per Square Feet to Buy Apartment Outside of Centre 126.19 € 102.19-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,240.91 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.83 2.00-3.50

These data are based on 125 entries in the past 18 months from 21 different contributors.
Last update: February 2023

Sources and References
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