Gross vs net yield
Gross yield is the yearly rent divided by the price. It is quick but flatters the investment. Net yield takes off empty months and running costs (management, common expenses, maintenance and insurance) and divides by everything you paid, including buying costs.
Use net yield to compare properties. Income tax on rent and mortgage interest are personal and are not included.
Frequently asked questions
What is a good rental yield in Cyprus?
It depends on the town and property type. Compare net yields of similar properties in the same area, and remember that higher yields often come with higher vacancy or maintenance.
What is the difference between gross and net yield?
Gross yield is yearly rent ÷ price. Net yield is rent after vacancy and running costs ÷ price plus buying costs, so it shows the return you actually keep.
Can Properway manage my rental?
Yes. Properway prepares, lets and manages residential property in Nicosia and Larnaca, including tenants, maintenance and building management.