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Lextrus Real Estate
Real Estate · Cyprus

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Lextrus · Nicosia

Commercial Property for Sale in Nicosia, Cyprus.

Curated commercial property for sale across the Nicosia district.

Commercial Property in Nicosia, Cyprus
About Commercial Property in Nicosia

Commercial Property for sale in Nicosia.

Commercial property for sale in Nicosia, Cyprus — offices, retail units, warehouses, hotels and mixed-use buildings. Lextrus advises international buyers and funds on yield, tenancy and redevelopment potential across the Nicosia district.

All property in NicosiaSpeak to a Nicosia advisor

Available commercial property in Nicosia.

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Four-Storey Building with a Basement Located in Engomi, Nicosia — 1984 m²
Egkomis, Nicosia

Four-Storey Building with a Basement Located in Engomi, Nicosia — 1984 m²

€1,875,000
Yield Producing, Mixed-Use Commercial Building in Acropoleos Avenue, Strovolos, Nicosia — 976 m²
Strovolou, Nicosia

Yield Producing, Mixed-Use Commercial Building in Acropoleos Avenue, Strovolos, Nicosia — 976 m²

€1,454,000
Commercial Plot in Panagia, Nicosia — 319 m²
Nicosia, Nicosia

Commercial Plot in Panagia, Nicosia — 319 m²

€260,000
Shop Consisting of Two Floors in the Very Central and Popular Pindarou Street in the Center of Nicosia. — 114 m²
Town Center, Nicosia

Shop Consisting of Two Floors in the Very Central and Popular Pindarou Street in the Center of Nicosia. — 114 m²

€420,000
Why Nicosia

Why buy commercial property in Nicosia.

  • Offices, retail, industrial and hospitality stock across Nicosia.
  • Tenancy schedules, yield analysis and covenant review before offer.
  • 12.5% corporate tax and a mature Cyprus HQ relocation market.
  • Redevelopment and change-of-use opportunities assessed with planners.
Neighbourhoods

Where to look in Nicosia.

City Centre & Old Town

Restored townhouses, boutique developments and walkable urban living.

Engomi

Diplomatic and executive housing, close to embassies and the university.

Strovolos & Acropolis

The largest residential suburb, family homes and modern apartments.

Aglantzia

Established residential district close to the University of Cyprus.

Latsia & Geri

Value family homes and new residential developments.

Egkomi business district

Office floors, mixed-use buildings and corporate lets.

FAQ

Commercial Property in Nicosia — FAQs.

What yields do commercial properties in Nicosia achieve?

Prime offices and retail in Nicosia typically trade on net yields in the 5–7% range, with secondary and industrial stock higher.

Can a foreign company buy commercial property in Nicosia?

Yes. Companies registered in Cyprus — including foreign-owned ones — can acquire commercial property, and the 12.5% corporate tax rate makes it a common structure.

How much is a property for sale in Nicosia?

Two-bedroom city-centre apartments start around €200,000. Family homes in Engomi typically range €400,000–€900,000, and executive villas in Engomi and Aglantzia sit between €800,000 and €2.5M.

Is Nicosia a good place to buy investment property?

Yes. Nicosia is Cyprus' deepest long-term rental market, with historically lower volatility than the coastal cities. It's a core yield play for investors prioritising cash-on-cash returns over capital growth.

Do you handle commercial property in Nicosia?

Yes. Lextrus regularly advises on office floors, retail units and mixed-use buildings across Egkomi, Strovolos and the CBD.

Related market report

District Estimates for 2027

Limassol, Paphos, Larnaca, Nicosia and Famagusta compared on prices, yields and supply, with a worked investor allocation.

Read the full report Download the PDF
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