Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.67
Mortgage as Percentage of Income: 42.68%
Loan Affordability Index: 2.34
Price to Rent Ratio - City Centre: 15.87
Price to Rent Ratio - Outside of Centre: 14.26
Gross Rental Yield (City Centre): 6.30%
Gross Rental Yield (Outside of Centre): 7.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 597.33 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 492.50 € 400.00-650.00
Apartment (3 bedrooms) in City Centre 1,111.54 € 800.00-1,750.00
Apartment (3 bedrooms) Outside of Centre 859.23 € 700.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 195.09 € 111.48-325.16
Price per Square Feet to Buy Apartment Outside of Centre 140.39 € 83.61-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,352.63 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.56 2.40-3.00

These data are based on 143 entries in the past 18 months from 29 different contributors.
Last update: July 2022

Sources and References
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