Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 9.58
Mortgage as Percentage of Income: 72.17%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 14.99
Price to Rent Ratio - Outside of Centre: 17.38
Gross Rental Yield (City Centre): 6.67%
Gross Rental Yield (Outside of Centre): 5.75%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,432.76 € 1,200.0-1,800.0
Apartment (1 bedroom) Outside of Centre 1,116.0 € 900.0-1,400.0
Apartment (3 bedrooms) in City Centre 2,483.33 € 2,000.0-3,500.0
Apartment (3 bedrooms) Outside of Centre 1,938.89 € 1,500.0-2,500.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 428.12 € 325.16-552.77
Price per Square Feet to Buy Apartment Outside of Centre 387.09 € 315.87-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,289.09 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.41 3.75-5.0

These data are based on 232 entries in the past 18 months from 45 different contributors.
Last update: November 2024

Sources and References
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