Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 8.55
Mortgage as Percentage of Income: 57.00%
Loan Affordability Index: 1.75
Price to Rent Ratio - City Centre: 10.22
Price to Rent Ratio - Outside of Centre: 9.17
Gross Rental Yield (City Centre): 9.79%
Gross Rental Yield (Outside of Centre): 10.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,407.89 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,021.79 € 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,485.14 € 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,923.68 € 1,500.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 289.03 € 185.80-464.51
Price per Square Feet to Buy Apartment Outside of Centre 193.93 € 139.35-276.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,519.54 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.01 2.00-4.50

These data are based on 315 entries in the past 18 months from 60 different contributors.
Last update: March 2023

Sources and References
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