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:	8.57	8.65
Mortgage as Percentage of Income:	64.81%	60.32%
Loan Affordability Index:	1.54	1.66
Price to Rent Ratio - City Centre:	15.03	19.24
Price to Rent Ratio - Outside of Centre:	14.35	15.82
Gross Rental Yield (City Centre):	6.65%	5.20%
Gross Rental Yield (Outside of Centre):	6.97%	6.32%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Cyprus Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	934.47 €	922.56 €	-1.3 %
Apartment (1 bedroom) Outside of Centre	737.82 €	712.69 €	-3.4 %
Apartment (3 bedrooms) in City Centre	1,725.07 €	1,452.70 €	-15.8 %
Apartment (3 bedrooms) Outside of Centre	1,403.32 €	1,064.72 €	-24.1 %
Buy Apartment Price	Cyprus Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	287.95 €	339.49 €	+17.9 %
Price per Square Feet to Buy Apartment Outside of Centre	220.05 €	211.04 €	-4.1 %
Salaries And Financing	Cyprus Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,594.46 €	1,712.37 €	+7.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.45	3.52	-20.9 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	124	815

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

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Other comparisons Cyprus vs Spain:

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