Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.68
Mortgage as Percentage of Income: 47.63%
Loan Affordability Index: 2.10
Price to Rent Ratio - City Centre: 16.32
Price to Rent Ratio - Outside of Centre: 15.22
Gross Rental Yield (City Centre): 6.13%
Gross Rental Yield (Outside of Centre): 6.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 632.38 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 520.26 € 400.00-700.00
Apartment (3 bedrooms) in City Centre 1,118.33 € 850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 923.33 € 750.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 207.48 € 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 159.48 € 130.06-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,478.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.77 2.80-5.50

These data are based on 177 entries in the past 18 months from 33 different contributors.
Last update: July 2024

Sources and References
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