Product Lead Salary in Nicosia (Lefkoşa), Cyprus
In Nicosia, product leads earn a median of €39,500 per year. Various sectors contribute to local demand. Housing costs affect budgeting and savings goals.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
€29,750 to €35,000
Average (per year)
€32,250
Entry‑level Product Leads join local tech firms or work in government digital services.
Mid-level (3-5 years)
Salary range (per year)
€35,000 to €45,000
Average (per year)
€39,500
In the mid‑career range, Product Leads are found at established Cypriot enterprises, banks, and international consultancies.
Senior (6-9 years)
Salary range (per year)
€45,000 to €56,500
Average (per year)
€50,250
Senior Product Leads drive innovation in public‑sector projects and manage products for large telecoms.
Principal/Lead (10+ years)
Salary range (per year)
€56,500+
Principal‑level roles carry top‑tier responsibility in banking, government, or enterprise IT.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
€20 - €28
per hour
Mid-level
€28 - €40
per hour
Senior
€40 - €55
per hour
Nationally, product leads average around €45,000, so Nicosia's median sits slightly below the Cyprus average. Housing costs influence overall compensation considerations.