Real estate for sale in Nicosia 5.117

Nicosia is the only capital in the EU without a coastline, and it is also the most affordable major city in Cyprus for buyers. The median price per square metre for apartments sits at €2,596/m², the lowest of any main city on the island and roughly half of Limassol's €4,874/m² (figures based on Bazaraki listings, September 2026). There is also less distortion from luxury outliers: the average and median stay close together, which means the published prices are broadly representative of what you will actually pay. Bazaraki.com lists apartments, houses, commercial properties, offices, and land for sale in Nicosia from private owners and registered agents.

Find Nicosia Property for Sale With the Right Filters

Studios in Nicosia sell for €108,000–€145,000 (median €116,000); one-bedroom apartments for €135,000–€160,000 (median €145,000); two-bedroom units for €185,000–€265,000 (median €220,000). Prices vary by neighbourhood: the old walled city suits renovation buyers and investors; Strovolos and Engomi are established middle-class suburbs; Latsia, Agios Dometios, and Lakatamia offer more space at the lower end of the range. Use the map and price filters to focus your search and contact the seller directly.

The Case for Buying in Nicosia

Nicosia offers the best value per square metre on the island, with stable long-term rental demand that does not depend on tourism. Investors benefit from tenants who stay put year-round: civil servants, students, university staff, and legal and financial professionals. The trade-off is no sea, but the Troodos Mountains are under an hour away, and the city has the best schools and healthcare infrastructure in Cyprus. For buyers comparing Nicosia to coastal alternatives, the maths is straightforward: more property for a lot less money.

Residential Property

The capital is also the cheapest main district for houses. The median asking price is €380,000, and most houses are listed at €298,000–€580,000. That comes to €2,093/m², about half the Limassol figure of €4,054/m² and below what apartments cost in Nicosia itself (€2,596/m²). Buyers can choose from around 1,370 houses.

Commercial Property and Land

Offices are much cheaper here than on the coast: the median office costs around €450,000, against €1.65 million in Limassol. Building plots have a median price of €190,000, and most are between €115,000 and €400,000. The median plot is about 690 m², smaller than in the coastal districts, so asking prices stay low even though Nicosia land is the second most expensive on the island per square metre (€268/m²).

Selling Property in Nicosia?

Place your ad on Bazaraki.com with photos and minimum price and start receiving offers from buyers the same day.