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Nicosia(Lefkosia)

Capital, government and university hub, the only divided capital in the world. Inland, hottest summers and coldest winters of the south.

Population
351,600
Lefkosia district · Census 2021
Growth since 2011
+7.5%
from 327,000
Share of Cyprus
38%
of the enumerated population

Census of Population 2021 — preliminary results, CyStat · published May 2022. Final results are published separately; these are the preliminary figures.

Live market read · Nicosia

For sale: 35,006 properties — 17,453 apartments · 4,221 houses · 10,134 plots · 2,235 commercial · 963 other.

Long-term rental homes: 4,225 (3,251 flats · 974 houses), plus 2,103 non-residential lettings, not included in the rent bands below.

Active listings seen in the last 30 days, one per property even when several agents advertise it. Asking prices, not sale prices.

⌬3 sources· n=41k
Median apartment price
€240,000
median of 17,448 apartments for sale · middle half €180,000–€330,000
Median house price
€400,000
median of 4,218 houses for sale · middle half €306,250–€650,000
Apartment €/m² · what the band actually looks like
why two numbers?
Asking price (live listings)
€2,662
median of 10,485 apartments that state a size (of 17,453)
Realised transactions
€2,075
Central Bank Cyprus RICS Index Q4-2025

Asking prices run ~28% above realised transactions in Nicosia— partly the asking-vs-realised gap (sellers list high, deals close lower), partly the listing pool skewing toward new-build and prime stock. Plan your budget against the realised number; use the asking number for what's on the market now.

What it costs to rent in Nicosia

Long-term asking rents by size. The band is where the middle half of the market sits — a single median would hide the fact that Nicosia holds cheap and expensive stock at the same time, which is the part worth knowing before you choose a neighbourhood.

One bed678 listings with a stated rent
Flats€600 – €800 · median €700/mo (652)
Houses€475 – €700 · median €600/mo (26)
Two beds1,321 listings with a stated rent
Flats€830 – €1,300 · median €1,000/mo (1,270)
Houses€780 – €1,100 · median €950/mo (51)
Three beds1,174 listings with a stated rent
Flats€1,100 – €1,989 · median €1,390/mo (897)
Houses€1,200 – €2,100 · median €1,500/mo (277)
Also in the 4,225 rental homes, not banded above: 677 with four or more bedrooms · 93 with the number of bedrooms not stated · 282 one-to-three-bed homes without a stated rent.

How to read these

These are asking rents, taken from what landlords and agents advertise — mostly on Bazaraki, the classifieds site almost every Cyprus listing passes through, plus the portals alongside it. They are an opening position, not a market rate.

In Cyprus, rents and prices are genuinely negotiable — never take the first figure as final. A long lease, a quiet month, paying a few months up front, or simply a property that has been sitting all move the number. Expect to land under the advertised figure, and treat anything at the top of the band as a starting point rather than a verdict.

Active long-term listings, quality-checked and seen in the last 30 days, one per property — homes only, excluding commercial premises. Asking prices, not signed contracts. Medians use only listings that state a rent; below 5 we do not publish one, and below 12 we show the median alone: a quartile drawn from a handful of listings is not a range. How we calculate this

The capital, and the only district with no coastline — which is exactly why it has the offices, the government, the university crowd and a proper winter. The last divided capital in Europe, walled and walkable.

Best for

  • · Government / NGO workers
  • · Students
  • · Working professionals
  • · Families wanting career proximity

Watch out for

  • · No coast — driving 40min+ to swim
  • · Summer heat (40°C+)
  • · Border crossing for north access

What goes on here

The things residents build a year around. Every one links to who says so.

To see

The Venetian walls and old Lefkosia

A complete sixteenth-century star fort wrapped around the old town, with the bastions now parks and car parks. The signed route through it is the quickest way to understand how the city is laid out.

Visit Cyprus — Deputy Ministry of Tourism
FestivalFebruary or March — before Orthodox Lent, so it moves with Easter · 2027 dates not yet announced

Carnival

Smaller than Limassol's and better for it if you have children — the tourism ministry lists Lefkosia among the towns running their own carnival events.

“Carnival Events will be also organized in Pafos, Larnaka, Lefkosia and Paralimni.”
Annual Events 2026 — Deputy Ministry of Tourism

Neighbourhood by neighbourhood

47 neighbourhoods in Nicosia measured on live listings. The ones in gold have a page of their own.

Every other measured neighbourhood in Nicosia

Right now in Nicosia

25°C
Partly cloudy · wind 9 km/h
via Open-Meteo · 5-day outlook
Sun
30° / 19°
Overcast
Mon
27° / 18°
Partly cloudy
Tue
30° / 19°
Overcast
0.1mm
Wed
27° / 19°
Showers
3.5mm
Thu
26° / 16°
Showers
3.9mm

See it on the map

How does this compare with everywhere else?

The property map puts every measured neighbourhood side by side on price per square metre, so you can see whether this one is a premium and roughly how much of one.