Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 7.34
Mortgage as Percentage of Income: 56.71%
Loan Affordability Index: 1.76
Price to Rent Ratio - City Centre: 16.18
Price to Rent Ratio - Outside of Centre: 14.63
Gross Rental Yield (City Centre): 6.18%
Gross Rental Yield (Outside of Centre): 6.84%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre €729.67 570.00-936.00
1 Bedroom Apartment Outside of City Centre €622.73 500.00-850.00
3 Bedroom Apartment in City Centre €1,525.56 1,300.00-2,030.00
3 Bedroom Apartment Outside of City Centre €1,188.89 1,000.00-1,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre €256.73 226.68-280.58
Price per Square Feet to Buy Apartment Outside of Centre €189.69 178.37-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) €1,637.46
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.71 3.41-7.50

These data are based on 124 entries from 19 contributors over the past 18 months.
Last update: 20 May 2026

Sources and References
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