Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.98
Mortgage as Percentage of Income: 46.00%
Loan Affordability Index: 2.17
Price to Rent Ratio - City Centre: 16.77
Price to Rent Ratio - Outside of Centre: 15.34
Gross Rental Yield (City Centre): 5.96%
Gross Rental Yield (Outside of Centre): 6.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 616.40 € 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 517.38 € 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,235.71 € 850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 927.89 € 700.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 220.31 € 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 160.59 € 130.06-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,467.73 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.89 2.40-3.30

These data are based on 191 entries in the past 18 months from 37 different contributors.
Last update: May 2023

Sources and References
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