Product Manager Salary in Nicosia (Lefkoşa), Cyprus

Product managers in Nicosia have a median earnings of €34,350. Salaries keep pace with local costs. International firms compete for talent.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

€24,250 to €29,250

Average (per year)

€26,750

Entry-level managers in Nicosia work on software, finance, or public sector digital projects.

Mid-level (3-5 years)

Salary range (per year)

€29,250 to €39,500

Average (per year)

€34,350

Mid-level roles involve cross-departmental leadership and benefit from the city's mix of private and government employers.

Senior (6-9 years)

Salary range (per year)

€39,500 to €49,000

Average (per year)

€44,100

Senior managers handle digital transformation for banks, insurance firms, and tech consultancies in the capital.

Principal/Lead (10+ years)

Salary range (per year)

€49,000+

Principal product managers work for large organizations, with compensation starting just under 50000 EUR.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

€13 - €20

per hour

Mid-level

€20 - €29

per hour

Senior

€29 - €37

per hour

Compared with the Cyprus average of €30,200, Nicosia pays roughly 14% more.