Property Prices in Paphos, Cyprus

Index Info
Price to Income Ratio: 5.92
Mortgage as Percentage of Income: 37.66%
Loan Affordability Index: 2.66
Price to Rent Ratio - City Centre: 9.88
Price to Rent Ratio - Outside of Centre: 9.05
Gross Rental Yield (City Centre): 10.13%
Gross Rental Yield (Outside of Centre): 11.05%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 744.12 € 450.00-1,100.00
Apartment (1 bedroom) Outside of Centre 550.00 € 350.00-800.00
Apartment (3 bedrooms) in City Centre 1,333.33 € 900.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,145.83 € 850.00-1,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 148.64 € 111.48-185.80
Price per Square Feet to Buy Apartment Outside of Centre 108.00 € 78.97-139.35
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,167.14 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.51 1.75-2.51

These data are based on 114 entries in the past 18 months from 25 different contributors.
Last update: May 2023

Sources and References
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1 Comments so far
James Hamilton-Bird on Jan 18, 2022:
My first property in Paphos was for a 2 bed semi-detached with a bathroom and open-plan kitchen and lounge leading to the garden terrace. It was in 1984 and cost me £ 16 thousand CYPRIOT POUNDS. This was before the change to Euros. My English Wife went on holiday there when I was working in Dubai, which was common practise for Expats in the Summer heat. She decided to move in with the owner of a local Coffee shop and take our 4-year-old Son with her. After years of travelling backwards and forwards, I sold the property. Today at 77 years of age I am now looking for a property to spend the rest of my life in, I have remarried to an Arabic Speaker and I am much happier than before