Property Prices Comparison Between Greece and Cyprus

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

City in Greece:
City in Cyprus:

Index	Greece	Cyprus
Price to Income Ratio:	12.93	7.75
Mortgage as Percentage of Income:	98.59%	57.94%
Loan Affordability Index:	1.01	1.73
Price to Rent Ratio - City Centre:	25.92	14.27
Price to Rent Ratio - Outside of Centre:	26.12	13.51
Gross Rental Yield (City Centre):	3.86%	7.01%
Gross Rental Yield (Outside of Centre):	3.83%	7.40%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Greece Edit	Cyprus Edit	Difference
Apartment (1 bedroom) in City Centre	490.79 €	961.40 €	+95.9 %
Apartment (1 bedroom) Outside of Centre	396.91 €	757.92 €	+91.0 %
Apartment (3 bedrooms) in City Centre	842.32 €	1,793.24 €	+112.9 %
Apartment (3 bedrooms) Outside of Centre	710.47 €	1,409.68 €	+98.4 %
Buy Apartment Price	Greece Edit	Cyprus Edit
Price per Square Feet to Buy Apartment in City Centre	252.43 €	282.64 €	+12.0 %
Price per Square Feet to Buy Apartment Outside of Centre	209.62 €	210.60 €	+0.5 %
Salaries And Financing	Greece Edit	Cyprus Edit
Average Monthly Net Salary (After Tax)	961.78 €	1,712.88 €	+78.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.55	4.32	-5.1 %
Last update:	November 2024	November 2024
Contributors in the past 12 months:	387	134

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

Moving to Greece? Explore:

Moving to Cyprus? Explore:

Other comparisons Greece vs Cyprus:

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