The Nicosia Property Market like any other European capital has always both, residential property demand and commercial property demand, primarily local demand and only very little from overseas. Nicosia apartments are high in demand especially in the center while Nicosia detached houses and villas are mostly demanded in suburban areas.
Nicosia University apartments are also very high in demand due to the high expansion of educational industry in Cyprus. Many investors looking to buy University Nicosia apartments cause of the high yields and Guarantee Rental Income. Also Nicosia Center Apartment is a product very appealing to many wealthy people cause is proven to be a valuable investment.
Nicosia has also a very big commercial demand. Nicosia offices for big legal and financial firms as well as Nicosia shops for retail business are always in demand.
Nicosia property is an asset that will always have demand. Living among the largest population area in Cyprus, Nicosia properties will always have a great resale value but also a great rental demand. Commercial properties in Nicosia, offices and shops are great investment and high yield products, providing in some cases over 5% rental returns.