Property Prices in Larnaca, Cyprus

Index Info
Price to Income Ratio: 9.48
Mortgage as Percentage of Income: 67.77%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 15.20
Price to Rent Ratio - Outside of Centre: 14.94
Gross Rental Yield (City Centre): 6.58%
Gross Rental Yield (Outside of Centre): 6.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 919.23 € 600.00-1,200.00
Apartment (1 bedroom) Outside of Centre 680.77 € 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,554.55 € 1,200.00-2,950.00
Apartment (3 bedrooms) Outside of Centre 1,179.23 € 900.00-1,850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 275.55 € 185.80-371.61
Price per Square Feet to Buy Apartment Outside of Centre 202.71 € 130.06-265.42
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,357.11 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 2.55-4.80

These data are based on 110 entries in the past 18 months from 20 different contributors.
Last update: November 2024

Sources and References
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