Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 10.19
Mortgage as Percentage of Income: 75.87%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 14.19
Price to Rent Ratio - Outside of Centre: 13.84
Gross Rental Yield (City Centre): 7.05%
Gross Rental Yield (Outside of Centre): 7.22%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,500.00 € 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,148.00 € 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,548.15 € 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,065.22 € 1,600.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 420.38 € 325.16-552.77
Price per Square Feet to Buy Apartment Outside of Centre 322.06 € 232.26-380.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,961.07 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.28 3.25-5.00

These data are based on 216 entries in the past 18 months from 41 different contributors.
Last update: July 2024

Sources and References
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