Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 7.53
Mortgage as Percentage of Income: 57.32%
Loan Affordability Index: 1.74
Price to Rent Ratio - City Centre: 17.61
Price to Rent Ratio - Outside of Centre: 16.15
Gross Rental Yield (City Centre): 5.68%
Gross Rental Yield (Outside of Centre): 6.19%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 651.58 € 530.00-800.00
Apartment (1 bedroom) Outside of Centre 522.65 € 430.00-800.00
Apartment (3 bedrooms) in City Centre 1,260.59 € 880.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,006.67 € 780.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 240.38 € 176.51-325.16
Price per Square Feet to Buy Apartment Outside of Centre 176.51 € 130.06-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,490.15 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.53 2.80-7.50

These data are based on 179 entries in the past 18 months from 34 different contributors.
Last update: November 2024

Sources and References
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