Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 9.55
Mortgage as Percentage of Income: 64.22%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 16.44
Price to Rent Ratio - Outside of Centre: 13.90
Gross Rental Yield (City Centre): 6.08%
Gross Rental Yield (Outside of Centre): 7.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 806.45 € 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 671.21 € 550.00-800.00
Apartment (3 bedrooms) in City Centre 1,365.52 € 1,000.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,127.42 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 261.56 € 185.80-371.61
Price per Square Feet to Buy Apartment Outside of Centre 183.48 € 139.35-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,254.68 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.12 2.00-4.00

These data are based on 269 entries in the past 18 months from 47 different contributors.
Last update: January 2021

Sources and References
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