Property Prices in Larnaca, Cyprus

Index Info
Price to Income Ratio: 9.64
Mortgage as Percentage of Income: 68.53%
Loan Affordability Index: 1.46
Price to Rent Ratio - City Centre: 16.49
Price to Rent Ratio - Outside of Centre: 15.15
Gross Rental Yield (City Centre): 6.07%
Gross Rental Yield (Outside of Centre): 6.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 837.50 € 600.00-1,200.00
Apartment (1 bedroom) Outside of Centre 675.00 € 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,455.56 € 1,200.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,156.15 € 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) 1,334.89 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.74 2.55-4.80

These data are based on 106 entries in the past 18 months from 19 different contributors.
Last update: February 2025

Sources and References
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