Nicosia Area Insights

Nicosia is the least expensive of 5 Cyprus cities ranked by median asking price per m². Only geographies with at least 30 sampled listings are ranked, so thinner places are absent rather than flattered.

Across 5,446 sampled sale listings, Nicosia asks a median of €2,134 per m², 35% below the Cyprus median of €3,271.

Apartments in Nicosia ask a median of €220,000, or €2,625 per m², across 2,762 sampled listings — 51% of the area's sale sample. The typical sampled apartment measures 85 m² with 2 bedrooms.

Houses in Nicosia ask a median of €385,000, or €2,098 per m², across 1,116 sampled listings — 20% of the area's sale sample. The typical sampled house measures 186 m² with 4 bedrooms.

Land and plots in Nicosia ask a median of €170,000, or €218 per m², across 1,568 sampled listings — 29% of the area's sale sample. The typical sampled plot measures 769 m².

2,201 sampled rental listings in Nicosia ask a median of €900 per month. Set against the area's €240,000 sale median, that implies a gross yield of about 4.5% before costs — a ratio of two asking prices, not a measured return on a real purchase.

How much does a property cost in Nicosia?

The median asking price across 5,446 sampled sale listings is €240,000, splitting into apartments at €220,000 and houses at €385,000. These are prices sellers asked in July 2026, not prices buyers paid.

Is Nicosia expensive compared with other Cyprus cities?

It is the least expensive of 5 Cyprus cities by asking price per m². Places with fewer than 30 sampled listings are excluded from that count, so the ranking covers only Cyprus cities with enough data to compare.

What does it cost to rent in Nicosia?

The median asking rent across 2,201 sampled listings is €900 per month, implying a gross yield of about 4.5% against the local sale median.

How current are these figures?

Every figure on this page comes from a market sample taken on 10 July 2026. It is a frozen snapshot: it does not update daily, and it describes asking prices published by sellers rather than transacted prices recorded at the Land Registry. Asking prices generally sit above achieved prices, so read these as the top of the range.