Property Prices Comparison Between Cyprus and Spain

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

City in Cyprus:
City in Spain:

Index	Cyprus	Spain
Price to Income Ratio:	7.67	8.12
Mortgage as Percentage of Income:	55.99%	56.77%
Loan Affordability Index:	1.79	1.76
Price to Rent Ratio - City Centre:	14.26	18.00
Price to Rent Ratio - Outside of Centre:	12.55	14.58
Gross Rental Yield (City Centre):	7.01%	5.56%
Gross Rental Yield (Outside of Centre):	7.97%	6.86%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	949.21 €	960.12 €	+1.1 %
Apartment (1 bedroom) Outside of Centre	741.44 €	715.90 €	-3.4 %
Apartment (3 bedrooms) in City Centre	1,737.82 €	1,503.81 €	-13.5 %
Apartment (3 bedrooms) Outside of Centre	1,388.24 €	1,058.66 €	-23.7 %
Buy Apartment Price	Cyprus Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	276.41 €	329.83 €	+19.3 %
Price per Square Feet to Buy Apartment Outside of Centre	191.95 €	194.56 €	+1.4 %
Salaries And Financing	Cyprus Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,644.09 €	1,737.70 €	+5.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.05	3.55	-12.3 %
Last update:	September 2024	September 2024
Contributors in the past 12 months:	129	862

Country data (source The World Bank, 2024)	Cyprus	Spain
GDP Per Capita (PPP) ($) :	45,000.00	40,200.00
GDP Growth Rate:	5.06	5.77
Population Growth Rate:	1.00	0.12

Moving to Cyprus? Explore:

Moving to Spain? Explore:

Other comparisons Cyprus vs Spain:

About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy