Senior Product Manager Salary in Nicosia (Lefkoşa), Cyprus

Senior product managers in Nicosia earn around €45,000 a year. Housing costs keep net take‑home modest.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

€31,750 to €39,750

Average (per year)

€35,750

At the entry level, managers gain experience at local software firms, banks, and public sector projects.

Mid-level (3-5 years)

Salary range (per year)

€39,750 to €50,250

Average (per year)

€45,000

Mid-level product managers play a role in government digital transformation and major telecom initiatives.

Senior (6-9 years)

Salary range (per year)

€50,250 to €59,250

Average (per year)

€54,750

Senior roles lead product strategy for national banks and tech consultancies in the capital.

Principal/Lead (10+ years)

Salary range (per year)

€59,250+

Principal product managers work for large banks, telecoms, and international organizations in Nicosia.

Hourly Rates

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

Junior

€17 - €22

per hour

Mid-level

€22 - €28

per hour

Senior

€28 - €34

per hour

Nicosia's figures differ from the Cyprus average. National figures are around €42,000, and the capital is higher.