Property Prices in Famagusta, Cyprus

Index
Price to Income Ratio:	17.68
Mortgage as Percentage of Income:	152.04%
Loan Affordability Index:	0.66
Price to Rent Ratio - City Centre:	27.99
Price to Rent Ratio - Outside of Centre:	19.52
Gross Rental Yield (City Centre):	3.57%
Gross Rental Yield (Outside of Centre):	5.12%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	586.91 €	460.72-800.00
Apartment (1 bedroom) Outside of Centre	556.19 €	368.58-700.00
Apartment (3 bedrooms) in City Centre	848.34 €	645.01-1,200.00
Apartment (3 bedrooms) Outside of Centre	717.62 €	552.87-900.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	303.48 €	74.32-464.51
Price per Square Feet to Buy Apartment Outside of Centre	192.00 €	65.03-278.71
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	753.94 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.00

These data are based on 28 entries in the past 18 months from 5 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Avgorou	22.93 miles
Property Prices in Sotira	25.20 miles
Property Prices in Paralimni	27.73 miles
Property Prices in Ayia Napa	31.65 miles
Property Prices in Larnaca	33.41 miles
Property Prices in Aradippou	35.25 miles
Property Prices in Tseri	38.04 miles
Property Prices in Athienou	41.41 miles
Property Prices in Dali	41.51 miles
Property Prices in Dipkarpaz	43.87 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	45,000.00
GDP Growth Rate:	5.06%
Population Growth Rate:	1.00%