Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 9.25
Mortgage as Percentage of Income: 59.00%
Loan Affordability Index: 1.69
Price to Rent Ratio - City Centre: 16.63
Price to Rent Ratio - Outside of Centre: 13.63
Gross Rental Yield (City Centre): 6.02%
Gross Rental Yield (Outside of Centre): 7.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 800.00 € 700.00-1,100.00
Apartment (1 bedroom) Outside of Centre 668.18 € 550.00-800.00
Apartment (3 bedrooms) in City Centre 1,286.36 € 1,000.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,047.73 € 800.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 256.64 € 120.77-371.61
Price per Square Feet to Buy Apartment Outside of Centre 173.93 € 111.48-250.84
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,252.12 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 2.00-3.10

These data are based on 203 entries in the past 18 months from 37 different contributors.
Last update: July 2021

Sources and References
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