Property Prices Comparison Between Spain and Cyprus

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

City in Spain:
City in Cyprus:

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

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Cyprus Edit	Difference
Apartment (1 bedroom) in City Centre	922.56 €	934.47 €	+1.3 %
Apartment (1 bedroom) Outside of Centre	712.69 €	737.82 €	+3.5 %
Apartment (3 bedrooms) in City Centre	1,452.70 €	1,725.07 €	+18.7 %
Apartment (3 bedrooms) Outside of Centre	1,064.72 €	1,403.32 €	+31.8 %
Buy Apartment Price	Spain Edit	Cyprus Edit
Price per Square Feet to Buy Apartment in City Centre	339.49 €	287.95 €	-15.2 %
Price per Square Feet to Buy Apartment Outside of Centre	211.04 €	220.05 €	+4.3 %
Salaries And Financing	Spain Edit	Cyprus Edit
Average Monthly Net Salary (After Tax)	1,712.37 €	1,594.46 €	-6.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	4.45	+26.4 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	815	124

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

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Other comparisons Spain vs Cyprus:

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