Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 10.89
Mortgage as Percentage of Income: 79.55%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 13.83
Price to Rent Ratio - Outside of Centre: 12.92
Gross Rental Yield (City Centre): 7.23%
Gross Rental Yield (Outside of Centre): 7.74%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,561.90 € 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,175.00 € 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,559.09 € 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,136.84 € 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 420.05 € 325.16-552.77
Price per Square Feet to Buy Apartment Outside of Centre 309.23 € 232.26-380.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,801.79 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.05 2.90-5.00

These data are based on 188 entries in the past 18 months from 33 different contributors.
Last update: April 2024

Sources and References
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