Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 10.30
Mortgage as Percentage of Income: 74.01%
Loan Affordability Index: 1.35
Price to Rent Ratio - City Centre: 11.48
Price to Rent Ratio - Outside of Centre: 10.94
Gross Rental Yield (City Centre): 8.71%
Gross Rental Yield (Outside of Centre): 9.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,659.26 € 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,168.60 € 900.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,670.37 € 2,000.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,065.38 € 1,500.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 367.63 € 278.71-464.51
Price per Square Feet to Buy Apartment Outside of Centre 257.14 € 185.80-315.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,631.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.86 2.39-5.00

These data are based on 275 entries in the past 18 months from 65 different contributors.
Last update: November 2023

Sources and References
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