Property Prices in Larnaca, Cyprus

Index Info
Price to Income Ratio: 9.48
Mortgage as Percentage of Income: 67.41%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 16.15
Price to Rent Ratio - Outside of Centre: 15.44
Gross Rental Yield (City Centre): 6.19%
Gross Rental Yield (Outside of Centre): 6.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 880.77 € 600.00-1,200.00
Apartment (1 bedroom) Outside of Centre 661.54 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,430.00 € 1,200.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,135.83 € 980.00-1,400.00
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 3.74 2.55-4.80

These data are based on 111 entries in the past 18 months from 20 different contributors.
Last update: December 2024

Sources and References
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