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Nicosia Property

Nicosia theatreLying on a plain in the centre of Cyprus, Nicosia is ideally located at 1 ½ hours from the coast or the mountains.

Nicosia is the capital city of Cyprus and is known as the cosmopolitan capital, boasting an important commercial presence alongside many cultural and pleasure facilities. Services are sophisticated and professional and the city hosts regular trade fairs and exhibitions. As the administrative centre and seat of Government, the city is dotted with various ministries and government buildings.

In Cyprus, and especially Nicosia, there is a vast amount of property investment and new construction taking place with demand currently outstripping supply. Boosted by the inclusion into the EU and an unprecedented amount of foreign and local investment, Nicosia attracts high returns on commercial property, while prices for all types of real estate in Nicosia are increasing as the scarcity of land gradually becomes greater. Property in Nicosia is seen as a good buy and most is bought off-plan with a high percentage being purchased even before the project frame stage of development. With a year round rental market, rather than a seasonal one, Nicosia’s buy-to-let property market differs from that of many other tourist cities on the island.


Top 20 Towns in Nicosia


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