Property Prices in Nicosia, Cyprus

Index Info
Price to Income Ratio: 7.89
Mortgage as Percentage of Income: 61.62%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 17.56
Price to Rent Ratio - Outside of Centre: 15.93
Gross Rental Yield (City Centre): 5.69%
Gross Rental Yield (Outside of Centre): 6.28%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 543.46 £ 443.99-670.17
Apartment (1 bedroom) Outside of Centre 433.68 £ 360.21-670.17
Apartment (3 bedrooms) in City Centre 1,066.88 £ 737.18-1,507.88
Apartment (3 bedrooms) Outside of Centre 877.92 £ 653.41-1,340.33
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 201.37 £ 147.87-272.39
Price per Square Feet to Buy Apartment Outside of Centre 147.87 £ 108.96-194.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,190.97 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 3.00-7.50

These data are based on 155 entries in the past 18 months from 33 different contributors.
Last update: March 2025

Sources and References
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