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: 15.44
Gross Rental Yield (City Centre): 6.07%
Gross Rental Yield (Outside of Centre): 6.48%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 701.58 £ 502.63-1,005.25
Apartment (1 bedroom) Outside of Centre 554.18 £ 418.85-670.17
Apartment (3 bedrooms) in City Centre 1,219.33 £ 1,005.25-2,345.59
Apartment (3 bedrooms) Outside of Centre 951.50 £ 820.95-1,675.42
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 230.83 £ 155.65-311.30
Price per Square Feet to Buy Apartment Outside of Centre 169.81 £ 108.96-222.35
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,118.25 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.74 2.55-4.80

These data are based on 104 entries in the past 18 months from 19 different contributors.
Last update: February 2025

Sources and References
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