Property for sale in Nicosia
Property types in Nicosia
Related searches
Areas within Nicosia
Frequently asked questions
Property prices in Nicosia
There are 22 homes for sale in Nicosia, Cyprus, listed on our site, and the range in price is between € 118,000 and € 687,000.
The median listing home price in Nicosia is € 350,000.
The median listing home price/m² is € 2,278.
New developments
There are 13 newly built homes for sale in Nicosia, listed on DevelopersCyprus. The prices range between € 190,000 and € 687,000.
The median new development price in Nicosia is € 276,000.
Nicosia real estate trend
The residential property market in Nicosia has been experiencing consistent price growth over the past three years. In 2022, the Residential Property Price Index (RPPI) published by the Central Bank of Cyprus showed an annual gain of 3,0%, indicating strong demand and limited supply.
This positive trend for Nicosia real estate has continued into 2023, with the RPPI recording a yearly increase of 4,4%. Additionally, in the first quarter of 2024, the year-over-year increase compared to 2023 was 4,0%.
The latest data published by the bank shows YoY growth of 2,4% in 2024 Q2.
How to buy a property in Nicosia
Here are the simplified steps to purchase a property in the Nicosia district of Cyprus:
- Find a property that meets your requirements and budget.
- Contact our real estate agent to express your interest.
- Arrange a viewing of the property and ask any relevant questions.
- Make an offer to the seller. We can assist in negotiating a better price.
- Once the offer is accepted, hire a lawyer to handle the legal process. We can help you to find a reliable property lawyer in Paphos.
- Pay a deposit to secure the property and sign a pre-contract (Reservation agreement).
- Proceed with signing the contract and paying part of the remaining balance.
- If you are a non-EU citizen, obtain permission from the Council of Ministers through your lawyer.
- Stamp the contract and register it with the Land Registry Office. Pay the remaining part of the purchase price.
- If the property has title deeds, before paying the remaining balance, you will need to get a Land Registry appointment, pay the transfer fees and transfer the title deed.
Find your home in Nicosia with our experts
Our dedicated team of real estate professionals led by Chris Michael is here to guide you. For those who are looking to buy a house in Nicosia with us, we provide the following:
- real estate prices from developers and owners
- off-plan Nicosia houses for sale
- remote and on-site viewing of properties
- technical specifications and detailed floor plans
- high-resolution photos or 3D renders for off-plan and under-construction properties
- assistance in preparing all necessary documentation, including sales contracts and VAT applications
- legal support and permanent residency by investment applications with fixed fees through our partner lawyers
- post-purchase support and property management
Contact us today to get assistance with your Nicosia property search.
