Gross rental yields in Cyprus: Limassol, Nicosia and Paphos
The average gross rental yield in Cyprus stands at 4.77% (Q1, 2025). Previously, in Q2 2024 the rental yield was 4.57%.
Cities compared
- Limassol
- Nicosia
- Paphos
Historical rental yields in Cyprus
View the full rental yield dataset (2023 - Present)
| Last Updated: Mar 18, 2024 Next Update: August 2025 |
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| LIMASSOL - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Limassol (all locations) | |||
| 1-Bedroom | €260,000 | €1,300 | 6.00% |
| 2-Bedroom | €410,000 | €1,900 | 5.56% |
| 3-Bedroom | €697,000 | €2,500 | 4.30% |
| Limassol (all locations) avg. Rental Yields | 5.29% | ||
| NICOSIA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Nicosia (all locations) | |||
| 1-Bedroom | €140,000 | €650 | 5.57% |
| 2-Bedroom | €223,000 | €850 | 4.57% |
| 3-Bedroom | €330,000 | €1,150 | 4.18% |
| Nicosia (all locations) avg. Rental Yields | 4.78% | ||
| PAPHOS - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Paphos (all locations) | |||
| 1-Bedroom | €210,840 | €850 | 4.84% |
| 2-Bedroom | €295,000 | €1,075 | 4.37% |
| 3-Bedroom | €440,000 | €1,300 | 3.55% |
| Paphos (all locations) avg. Rental Yields | 4.25% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Zyprus |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Cyprus, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.