Property Prices in Limassol, Cyprus

Index Info
Price to Income Ratio: 11.21
Mortgage as Percentage of Income: 81.85%
Loan Affordability Index: 1.22
Price to Rent Ratio - City Centre: 14.02
Price to Rent Ratio - Outside of Centre: 13.26
Gross Rental Yield (City Centre): 7.13%
Gross Rental Yield (Outside of Centre): 7.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,308.84 £ 1,029.18-1,629.53
Apartment (1 bedroom) Outside of Centre 976.08 £ 771.88-1,286.47
Apartment (3 bedrooms) in City Centre 2,190.57 £ 1,543.77-3,001.77
Apartment (3 bedrooms) Outside of Centre 1,801.06 £ 1,458.00-2,572.94
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 360.26 £ 278.87-474.08
Price per Square Feet to Buy Apartment Outside of Centre 265.21 £ 199.19-326.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,501.92 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.05 2.90-5.00

These data are based on 202 entries in the past 18 months from 36 different contributors.
Last update: May 2024

Sources and References
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