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12° Nicosia,
07 December, 2022
 
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Average Cyprus home is bigger than anywhere in Europe

On the island of luxury properties size really does count

Newsroom

The average size of a house in Cyprus is 141.4 metres squared making it the biggest in Europe, the Statistical Service said on Tuesday.

“If a person lives in a house with an area of more than 141.4m2, they live in a residence that is above the average size of a household in Cyprus, which has the biggest average size in the EU,” Cystat said.

The smallest average size of a home is in Romania where it measures 43.9 metres squared compared to the European average of 95.9 metres squared.

“If a person lives in a house with an area of more than 141.4m2, they live in a residence that is above the average size of a household in Cyprus"

But Cyprus is bottom of the EU list when it comes to severe housing deprivation among its population which is less than 1% and housing overcrowding (1.4%).

The EU-28 average masks significant differences between the EU Member States: at one extreme there were a number of countries where a relatively small proportion of the population lived in households where housing costs exceeded 40% of their disposable income, notably Malta (1.1 %), Cyprus (3.9 %), Ireland (4.6 %) and Finland (4.9 %).

At the other extreme, just over two out of every five people (40.9%) in Greece and just under one in six of the population in Romania (15.9%), Germany (15.6%) and Denmark (15.1 %) spent more than 40% of their disposable income on housing.

TAGS
property  |  homes  |  Cyprus  |  size

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