Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 7.49
Mortgage as Percentage of Income: 50.84%
Loan Affordability Index: 1.97
Price to Rent Ratio - City Centre: 16.78
Price to Rent Ratio - Outside of Centre: 16.02
Gross Rental Yield (City Centre): 5.96%
Gross Rental Yield (Outside of Centre): 6.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 641.14 € 500.00-1,000.00
Apartment (1 bedroom) Outside of Centre 545.95 € 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,284.21 € 850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,012.11 € 750.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 229.16 € 185.80-325.16
Price per Square Feet to Buy Apartment Outside of Centre 179.61 € 139.35-232.26
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 3.21 2.40-4.00

These data are based on 181 entries in the past 18 months from 33 different contributors.
Last update: November 2023

Sources and References
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