Property Prices in Nicosia, Cyprus

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Index Info
Price to Income Ratio: 7.78
Mortgage as Percentage of Income: 60.55%
Loan Affordability Index: 1.65
Price to Rent Ratio - City Centre: 16.88
Price to Rent Ratio - Outside of Centre: 15.58
Gross Rental Yield (City Centre): 5.93%
Gross Rental Yield (Outside of Centre): 6.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 667.65 € 550.00-800.00
Apartment (1 bedroom) Outside of Centre 550.00 € 450.00-800.00
Apartment (3 bedrooms) in City Centre 1,342.00 € 880.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,113.75 € 780.00-1,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 240.38 € 176.51-371.61
Price per Square Feet to Buy Apartment Outside of Centre 183.48 € 130.06-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,466.87 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.80 3.00-7.50

These data are based on 159 entries from 30 contributors over the past 18 months.
Last update: April 2025

Sources and References
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