Property Prices in Paphos, Cyprus

Index Info
Price to Income Ratio: 7.66
Mortgage as Percentage of Income: 50.74%
Loan Affordability Index: 1.97
Price to Rent Ratio - City Centre: 19.65
Price to Rent Ratio - Outside of Centre: 19.18
Gross Rental Yield (City Centre): 5.09%
Gross Rental Yield (Outside of Centre): 5.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 368.75 € 300.00-450.00
Apartment (1 bedroom) Outside of Centre 325.62 € 250.00-400.00
Apartment (3 bedrooms) in City Centre 775.00 € 600.00-1,150.00
Apartment (3 bedrooms) Outside of Centre 685.71 € 550.00-900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 157.93 € 139.35-167.22
Price per Square Feet to Buy Apartment Outside of Centre 136.26 € 120.77-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,034.16 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.96 2.50-4.00

These data are based on 74 entries in the past 18 months from 15 different contributors.
Last update: June 2021

Sources and References
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