Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 7.62
Mortgage as Percentage of Income: 57.98%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 17.53
Price to Rent Ratio - Outside of Centre: 15.64
Gross Rental Yield (City Centre): 5.70%
Gross Rental Yield (Outside of Centre): 6.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 654.21 € 530.00-800.00
Apartment (1 bedroom) Outside of Centre 535.88 € 430.00-800.00
Apartment (3 bedrooms) in City Centre 1,266.47 € 880.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,048.42 € 780.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 240.38 € 176.51-325.16
Price per Square Feet to Buy Apartment Outside of Centre 176.51 € 130.06-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,473.19 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.53 2.80-7.50

These data are based on 181 entries in the past 18 months from 35 different contributors.
Last update: January 2025

Sources and References
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