Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.44
Mortgage as Percentage of Income: 45.21%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 13.70
Price to Rent Ratio - Outside of Centre: 15.36
Gross Rental Yield (City Centre): 7.30%
Gross Rental Yield (Outside of Centre): 6.51%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 634.13 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 522.14 € 400.00-700.00
Apartment (3 bedrooms) in City Centre 1,180.53 € 850.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 951.67 € 750.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 178.84 € 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 163.51 € 130.06-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,430.83 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 2.80-4.50

These data are based on 181 entries in the past 18 months from 36 different contributors.
Last update: April 2024

Sources and References
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