Property for Sale in Nicosia

25 active listings · Median £100,000

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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 12+ active listings for sale in Nicosia (including residential, land and commercial). The median residential sale price is £100,000 across 10 active GBP-priced listings.

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).

Useful Tools When Buying in Nicosia

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Frequently Asked Questions

What are property prices in Nicosia?
In Nicosia, apartment prices start from £40,000 while villa prices can reach £500,000. Typical ranges: 1+1 £60-120K, 2+1 £100-200K, 3+1 villa £180-350K.
Can foreigners buy property in Nicosia?
Yes, foreign nationals can buy up to 3 apartments OR 2 villas in TRNC (Law 16/2025). Council of Ministers PTP (Permission to Purchase) required — typically 6-12 months. TR citizens can own up to 6 apartments / 3 villas.
What title deed types exist in Nicosia?
Turkish Title (TK): Safest, pre-1974 Turkish ownership. Equivalent Deed: Post-1974 exchange. Allocation: State-granted, restricted. TK preferred for foreign buyers. See our Title Deed Types guide for details.
What taxes apply when buying in Nicosia?
Title transfer fee: 6% of declared value (within 75 business days). VAT 5% on new construction. Stamp duty 0.5%. Annual property tax: £100-400 by m². Rental income tax 13% (TRNC resident).
What's the best area for investment in Nicosia?
Use our investment tools: Price Index, Investment Calculator. Generally, coast/university-proximate districts yield 7-12% gross rental. Evlek's district comparison pages offer detailed analysis.