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Apartments, Villas & Houses for Sale in Nicosia
The capital of TRNC, Nicosia is the island's largest city with universities, government institutions, and business centers. It has an active rental market driven by its large student population. On Evlek there are currently 26 active listings for sale in Nicosia (including residential, land and commercial). A residential median is not shown yet — the GBP sample is still small; land and commercial listings are excluded from the residential summary.
Data note: the residential sample in this city is small. Land and commercial listings are not mixed into the residential median; read the figure as a market guide. Methodology
Popular Districts for Buyers in Nicosia
Popular districts for buyers looking for property for sale in Nicosia: Gönyeli (£45,000-£120,000), Küçükkaymaklı (£55,000-£150,000), Haspolat (£40,000-£100,000), Ortaköy (£50,000-£130,000), Yenikent (£45,000-£110,000), Hamitköy, Taşkınköy, Göçmenköy, Dikmen, Marmara (£50,000-£120,000), Kızılbaş (£55,000-£140,000), Alayköy (£40,000-£100,000), Değirmenlik (£35,000-£85,000), Nicosia Center (£60,000-£180,000).
Property Types
Useful Tools When Buying in Nicosia
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Frequently Asked Questions
What are property prices in Nicosia?
Property prices in Nicosia vary widely by room count, location and property type. Check the live Price Index above this page, or current Nicosia listings on Evlek, for the current range.
Can foreigners buy property in Nicosia?
Yes, foreign nationals can buy property in TRNC. Under the 11 May 2026 decree, foreign nationals may acquire 3 apartments OR 1 home with land ≤1,338 m² OR 1 detached house with land ≤3,300 m²; citizens of reciprocity-group countries can go up to 6 apartments/3 villas. Council of Ministers PTP (Permission to Purchase) approval is required — no official target has been published for the decision time.
What title deed types exist in Nicosia?
Turkish Title (TK): Safest, pre-1974 Turkish ownership. Equivalent Deed: now on par with Turkish title. Allocation: State-granted, cheaper, with lingering political question marks. TK preferred for foreign buyers. See our Title Deed Types guide for details.
What taxes apply when buying in Nicosia?
Title transfer fee: flat 9% for the general foreign-buyer group (paid within 75 working days after PTP approval); reciprocity-group citizens pay a tiered rate (1st property 6%, 2nd 8%, 3rd-6th 9%). VAT 5% or 10% on new construction depending on property m². Tiered stamp duty. Annual property tax is a low, m²-based amount rather than a market-value tax. Rental income tax is a flat 10% (final withholding) — it does not vary by currency.
What's the best area for investment in Nicosia?
Use our investment tools: Price Index, Investment Calculator. Yield varies widely by district, property type and occupancy. Evlek's district comparison pages offer detailed, data-driven analysis.