Property Prices Comparison Between Cyprus and Greece

For major cities in those countries you get more relevant data by specifying cities.

City in Cyprus:
City in Greece:

Index	Cyprus	Greece
Price to Income Ratio:	8.48	13.18
Mortgage as Percentage of Income:	64.13%	101.10%
Loan Affordability Index:	1.56	0.99
Price to Rent Ratio - City Centre:	14.68	27.36
Price to Rent Ratio - Outside of Centre:	14.05	27.18
Gross Rental Yield (City Centre):	6.81%	3.65%
Gross Rental Yield (Outside of Centre):	7.12%	3.68%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	952.28 €	482.75 €	-49.3 %
Apartment (1 bedroom) Outside of Centre	754.53 €	392.26 €	-48.0 %
Apartment (3 bedrooms) in City Centre	1,775.72 €	812.96 €	-54.2 %
Apartment (3 bedrooms) Outside of Centre	1,431.35 €	674.87 €	-52.9 %
Buy Apartment Price	Cyprus Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	287.95 €	259.96 €	-9.7 %
Price per Square Feet to Buy Apartment Outside of Centre	220.05 €	211.80 €	-3.7 %
Salaries And Financing	Cyprus Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,611.31 €	963.21 €	-40.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.45	4.62	+3.9 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	129	382

Country data (source The World Bank, 2024)	Cyprus	Greece
GDP Per Capita (PPP) ($) :	45,000.00	31,700.00
GDP Growth Rate:	5.06	5.56
Population Growth Rate:	1.00	-0.35

Moving to Cyprus? Explore:

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Other comparisons Cyprus vs Greece:

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