Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.80
Mortgage as Percentage of Income: 48.45%
Loan Affordability Index: 2.06
Price to Rent Ratio - City Centre: 16.03
Price to Rent Ratio - Outside of Centre: 14.91
Gross Rental Yield (City Centre): 6.24%
Gross Rental Yield (Outside of Centre): 6.71%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 641.90 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 528.16 € 400.00-700.00
Apartment (3 bedrooms) in City Centre 1,148.89 € 850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 948.33 € 750.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 208.10 € 167.22-371.61
Price per Square Feet to Buy Apartment Outside of Centre 159.48 € 130.06-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,455.61 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.77 2.80-5.00

These data are based on 174 entries in the past 18 months from 33 different contributors.
Last update: June 2024

Sources and References
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