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Region guide

Nicosia, Cyprus

The capital — Cyprus's political, financial and academic centre, inland and decidedly non-touristy.

Nicosia is the only landlocked capital in the European Union and, by extension, the only major city in Cyprus that doesn't revolve around tourism or the sea. It is the seat of government, the country's banks and the headquarters of most domestic corporates, the home of two major public universities (University of Cyprus, Cyprus University of Technology's Nicosia campus) and the medical school. Half of the city sits within the Republic of Cyprus; the other half is in the Turkish-administered north, separated by the United Nations buffer zone that runs straight through the old walled centre. The southern half — the part this map and this site cover — is a busy, slightly chaotic, decidedly Cypriot city.

Who moves to Nicosia

Nicosia is the least international of the major Cypriot cities by relocator share, but the most international by long-term residents. It hosts the country's diplomatic corps, the bulk of the academic faculty, and the senior management of most Cypriot companies. The expat population is older and more rooted than in Limassol — diplomats, university professors, multi-decade business families. A growing population of younger Greeks and Bulgarians is moving to Nicosia for university and software jobs at the local engineering employers. Tourism is essentially absent: in mid-July when Limassol is overrun, Nicosia's old town is so quiet you can hear the call to prayer drifting across the buffer zone from the Turkish side.

What new developments here look like

Nicosia's new-build market is concentrated in the suburbs — Strovolos, Aglantzia, Lakatamia, Engomi, Latsia — rather than the historic centre. The product is overwhelmingly mid-rise apartment blocks, three to seven storeys, oriented around family living rather than rental yield. A two-bedroom new apartment in Strovolos or Aglantzia sits between €220,000 and €380,000. Detached and semi-detached houses in the same suburbs (often grouped into small gated communities of six to twelve units) run from €450,000 to €900,000. Nicosia pricing is roughly in line with Larnaca and consistently below Limassol; the trade-off is that you live an hour from any beach.

Practical relocation notes

Nicosia has the strongest public healthcare on the island (the New Nicosia General Hospital is the country's main referral hospital) and the broadest selection of public, semi-private and private schools, including The English School Nicosia and the American International School. The city is hot in summer — landlocked and on a high plain, it consistently reads 4–8 °C warmer than the coast — and surprisingly cold in winter, with occasional snow on the higher elevations. Traffic is bad by Cypriot standards (think 30-minute commutes, not 30-second ones) but trivial by any European capital's. The expat community is small enough that almost everyone knows everyone within a year of arrival. Nicosia is rarely the first choice for retirees; it is consistently the choice for relocators who want to work in policy, academia, medicine or domestic business.

New developments in Nicosia (33)

DREDALINE 15
DREDALINE 15
Nicosia, Kokkinotrimithia
€279.000 +VAT
DREDALINE 16
DREDALINE 16
Nicosia, Lakatameia - Agios Nikolaos
€333.000 – €335.000 +VAT
KP82 STROVOLOS RESIDENCE
KP82 STROVOLOS RESIDENCE
Nicosia, Strovolos - Acropolis
€210.000 – €230.000 +VAT
KP83 LAKATAMIA RESIDENCE
KP83 LAKATAMIA RESIDENCE
Nicosia, Lakatameia - Agia Paraskevi
€182.000 – €185.000 +VAT
EVEREST HOMES 25
EVEREST HOMES 25
Nicosia, Strovolos - Enthomar Kyprianos
€195.000 – €215.000 +VAT
EVEREST HOMES 27
EVEREST HOMES 27
Nicosia, Strovolos - Enthomar Kyprianos
€200.000 – €230.000 +VAT
DUOPOLY
DUOPOLY
Nicosia, Geri
€104.500 – €315.000 +VAT
SAPPHIRE I
SAPPHIRE I
Nicosia, Nicosia - Lykabittos
€255.000 – €360.000 +VAT
IZI COURT 4
IZI COURT 4
Nicosia, Strovolos - Acropolis
€180.000 – €430.000 +VAT
IZI COURT 7
IZI COURT 7
Nicosia, Nicosia - Kaimakli
€147.000 – €290.000 +VAT
IZI COURT 5
IZI COURT 5
Nicosia, Latsia - Archangelos Michail
€150.000 – €235.000 +VAT
IZI COURT 11
IZI COURT 11
Nicosia, Lakatameia - Agios Mamas
€125.000 – €199.000 +VAT
PANAGIA 2
PANAGIA 2
Nicosia, Nicosia - Panagia
€415.000 +VAT
HHP RESIDENCES
HHP RESIDENCES
Nicosia, Lakatameia - Archangelos-Anthoupoli
€155.000 – €273.000 +VAT
IZI COURT 14
IZI COURT 14
Nicosia, Geri
€120.000 – €225.000 +VAT
AMARE RESIDENCES
AMARE RESIDENCES
Nicosia, Strovolos - Agios Vasileios
€116.000 – €245.000 +VAT
EPOQUE RESIDENCES
EPOQUE RESIDENCES
Nicosia, Lakatameia - Agia Paraskevi
€273.000 – €288.000 +VAT
IRIS RESIDENCE
IRIS RESIDENCE
Nicosia, Latsia - Agios Eleftherios
€143.000 – €220.000 +VAT
AVRA RESIDENCE
AVRA RESIDENCE
Nicosia, Kalithea
€180.000 – €195.000 +VAT
SEMELI & DIAS RESIDENCES
SEMELI & DIAS RESIDENCES
Nicosia, Latsia - Agios Eleftherios
€135.000 – €320.000 +VAT
PHOS RESIDENCES
PHOS RESIDENCES
Nicosia, Latsia - Agios Georgios
€359.000 – €369.000 +VAT
IZI COURT 16
IZI COURT 16
Nicosia, Latsia - Agios Georgios
€124.000 – €188.000 +VAT
AQUAMARINE DIAMOND RESIDENCE
AQUAMARINE DIAMOND RESIDENCE
Nicosia, Latsia - Archangelos Michail
€135.000 – €230.000 +VAT
GSP PRIME RESIDENCE
GSP PRIME RESIDENCE
Nicosia, GSP Area
€650.000 +VAT

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