Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 6.44
Mortgage as Percentage of Income: 45.21%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 13.70
Price to Rent Ratio - Outside of Centre: 15.36
Gross Rental Yield (City Centre): 7.30%
Gross Rental Yield (Outside of Centre): 6.51%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 543.93 £ 428.88-686.21
Apartment (1 bedroom) Outside of Centre 447.88 £ 343.11-600.43
Apartment (3 bedrooms) in City Centre 1,012.61 £ 729.10-1,543.97
Apartment (3 bedrooms) Outside of Centre 816.31 £ 643.32-1,286.65
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 153.40 £ 143.44-278.91
Price per Square Feet to Buy Apartment Outside of Centre 140.25 £ 111.56-199.22
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,227.32 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 2.80-4.50

These data are based on 181 entries in the past 18 months from 36 different contributors.
Last update: April 2024

Sources and References
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