Palaiometocho Area Insights

Palaiometocho is the least expensive of 36 Nicosia districts 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 42 sampled sale listings, Palaiometocho asks a median of €63 per m², 97% below the Nicosia median of €2,134, and 98% below the Cyprus median of €3,271.

Land and plots in Palaiometocho ask a median of €69,000, or €33 per m², across 31 sampled listings — 74% of the area's sale sample. The typical sampled plot measures 2,007 m². That is 85% below the same property type across the wider city.

How much does a property cost in Palaiometocho?

The median asking price across 42 sampled sale listings is €84,500. These are prices sellers asked in July 2026, not prices buyers paid.

Is Palaiometocho expensive compared with the rest of Nicosia?

It is the least expensive of 36 by asking price per m², 97% below the Nicosia median. Places with fewer than 30 sampled listings are excluded from that count, so it ranks the parts of Nicosia with enough data to compare.

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.