Key Metrics Comparison

Metric	Buy	Rent
Avg Price	$443.1k	$2.0k/mo
Price-to-Rent Ratio	18.1years of rent
Monthly Payment	$2.2kat 6.5%, 20% down	$2.0k
Break-Even Horizon	1 year
Est. Buy-to-Let ROI	5.5%

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Adjust the numbers to match your situation and see how buying compares to renting over time.

Buy is better

Home Price

Down Payment %

Interest Rate %

Loan Term (years)

Monthly Rent

Expected Annual Appreciation %

Years to Compare

10 years

Monthly Mortgage

$2,240

Home Value After 10 Years

$595,426

Break-Even

1 year

Cost Comparison After 10 Years

Total Cost (Buy)$62,505

Total Cost (Rent)$245,040

Net Difference+$182,535

Buying is cheaper by $182,535 over this period.

Top Sale Listings in Famagusta

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Score 72.4$2,006/m²

3-bedroom apartment for sale

$216,600 · 108 m² · 4 rooms

Score 66.5$1,923/m²

Σπίτι, Πώληση, Famagusta, Avgorou

$226,860 · 118 m² · 3 rooms

Score 66.2$2,200/m²

Top Rent Listings in Famagusta

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Score 74.0$3/m²

Office space in prime location - agios athanasios

$1,898 · 715 m² · 10 rooms

Score 71.4$5/m²

3-bedroom apartment to rent

$1,254 · 230 m² · 4 rooms

Score 68.9$8/m²

Market Context

Sale Listings279

Rent Listings82

Avg Sale $/m²$3,636/m²

Avg Rent $/m²$19/m²

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This is an estimate. Consult a financial advisor before making any real estate decision.

🇨🇾Rent vs Buy in Famagusta

Key Metrics Comparison